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Independent Agent Magazine

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Big ‘I’ Releases 2022 Market Share Report https://www.iamagazine.com/news/big-i-releases-2022-market-share-reportBig ‘I’ Releases 2022 Market Share Report The report points to independent agencies' dominance in commercial lines, with nearly 88% of all commercial lines written premium placed by the independent agency channel. 8/10/2022 10:10:00 AMCommercial LinesPersonal Lines Commercial Lines In the NewsNewsAnneMarie McPherson Spears
Big 'I' Asks for Delay with Medicare Recording Requirement Set to Take Effect October 1https://www.iamagazine.com/news/big-i-asks-for-delay-with-medicare-recording-requirement-set-to-take-effect-october-1Big 'I' Asks for Delay with Medicare Recording Requirement Set to Take Effect October 1The new requirement is overly broad and includes individual agents and brokers, who will now be subject to two new requirements. 8/11/2022 10:25:00 AMOn the HillOn the HillNewsWyatt Stewart
FEMA Requests Information About New Direct to Customer Initiativehttps://www.iamagazine.com/news/fema-requests-information-about-new-direct-to-customer-initiativeFEMA Requests Information About New Direct to Customer InitiativeBig “I” staff met with FEMA as part of the Flood Insurance Producer National Committee (FIPNC) to express concern with the new Direct to Customer initiative proposal.8/11/2022 10:15:00 AMFloodOn the Hill FloodNewsWyatt Stewart
2022 Agency Growth Survey: Fastest-Growing Agencies More Likely to Focus on DE&I https://www.iamagazine.com/news/2022-agency-growth-survey-fastest-growing-agencies-more-likely-to-focus-on-de-i2022 Agency Growth Survey: Fastest-Growing Agencies More Likely to Focus on DE&I Building and maintaining healthy workplace cultures takes work, and the fastest growing agencies are those most likely to be taking steps to improve their agency's culture.8/11/2022 4:00:00 AMDiversity & InclusionDiversity & Inclusion In the NewsNewsAnneMarie McPherson Spears
Washington State Judge Overturns Credit Scoring Ban https://www.iamagazine.com/news/washington-state-judge-overturns-credit-scoring-banWashington State Judge Overturns Credit Scoring Ban A Superior Court ruled that the Washington insurance commissioner lacks the statutory authority to unilaterally ban the use of credit information for rating and underwriting.8/4/2022 10:00:00 AMOn the HillOn the HillNewsWes Bissett
Global Insured CAT Losses Down 31.6% in H1 2022https://www.iamagazine.com/news/global-insured-cat-losses-down-31-6-in-h1-2022Global Insured CAT Losses Down 31.6% in H1 2022While CAT losses are down in the first half of 2022, they are 18% higher than the 21st-century average, according to Aon.8/3/2022 10:00:00 AMFloodIn the News FloodNewsOlivia Overman
Schumer, Manchin Reach Agreement on Reconciliation Packagehttps://www.iamagazine.com/news/schumer-manchin-reach-agreement-on-reconciliation-packageSchumer, Manchin Reach Agreement on Reconciliation PackageIn a big win for the Big “I,” the legislation did not include any of the potential small business tax increases that the Big “I” advocated against for the last 19 months. 8/1/2022 10:30:00 AMOn the HillOn the HillNewsWyatt Stewart

 

 

7 Ways to Recession-Proof Your Agencyhttps://www.iamagazine.com/strategies/7-ways-to-recession-proof-your-agency7 Ways to Recession-Proof Your AgencyAs talk of a recession accelerates, here are seven ways to keep you, your employees, your agency, and your insureds safe from any economic downturn.8/10/2022 10:00:00 AMAgency Operations & Best PracticesAgency Operations & Best PracticesStrategiesChris Farfaras
4 Steps to Drive Insurance Leads Through LinkedInhttps://www.iamagazine.com/strategies/4-steps-to-drive-insurance-leads-through-linkedin4 Steps to Drive Insurance Leads Through LinkedInTo reach the right audiences for your business needs, setting up a robust profile and developing applicable campaigns are key. 8/3/2022 10:00:00 AMSales & MarketingSales & MarketingStrategiesJosh Arter
Insuring a High Net-Worth Client’s Home Owned by a Trusthttps://www.iamagazine.com/strategies/insuring-a-high-net-worth-client-s-home-owned-by-a-trustInsuring a High Net-Worth Client’s Home Owned by a TrustA high net-worth prospect lives in a home that is owned by a trust in their spouse’s name. How can the agent make sure the trust and the individuals are covered?7/29/2022 4:00:00 AMHomeownersHomeownersStrategiesBig “I” Virtual University Faculty

 

 

Too Many Lawsuits to Ignore: DE&I and Your D&O, EPLI and E&O Clientshttps://www.iamagazine.com/markets/too-many-lawsuits-to-ignore-de-i-and-your-d-o-epli-and-e-o-clientsToo Many Lawsuits to Ignore: DE&I and Your D&O, EPLI and E&O ClientsYour commercial clients could be leaving a huge risk exposed if they don’t reckon with diversity, equity and inclusion (DE&I).8/8/2022 10:25:00 AMDiversity & InclusionDiversity & Inclusion E&O Loss Control Employment Practices D&OMarketsAnneMarie McPherson Spears
Pivoting Restaurant Owners Continue to Face Challengeshttps://www.iamagazine.com/markets/pivoting-restaurant-owners-continue-to-face-challengesPivoting Restaurant Owners Continue to Face ChallengesWhile restaurateurs continue to deal with industry changes that emerged during the pandemic, they now also face a rapidly changing competitive landscape.8/8/2022 10:10:00 AMRestaurants/BarsRestaurants/Bars Commercial LinesMarketsOlivia Overman
Sentry Insurance to Offer Golf Course Coveragehttps://www.iamagazine.com/markets/sentry-insurance-to-offer-golf-course-coverageSentry Insurance to Offer Golf Course CoverageThe new coverage offers specialized insurance to protect against unique golf course risks such as golf and tennis pro professional liability; trees, shrubs, and plant coverage; and more.8/8/2022 10:15:00 AMPersonal LinesPersonal LinesMarketsWill Jones
Safeco Releases New Pet Insurance Producthttps://www.iamagazine.com/markets/safeco-releases-new-pet-insurance-productSafeco Releases New Pet Insurance ProductThe new product offers policyholders the choice of accident and illness coverage only, or accident, illness and wellness coverage.8/1/2022 10:20:00 AMPersonal LinesPersonal LinesMarketsWill Jones
The Great Resignation, Remote Work Creates Professional Liability Mayhemhttps://www.iamagazine.com/markets/the-great-resignation-remote-work-creates-professional-liability-mayhemThe Great Resignation, Remote Work Creates Professional Liability MayhemThe current labor market is creating various professional liability insurance exposures for many business owners. 8/1/2022 10:15:00 AMProfessional LiabilityProfessional LiabilityMarketsOlivia Overman
2022 Professional Liability Outlook: Rates Are Rightsizing with Exceptions https://www.iamagazine.com/markets/2022-professional-liability-outlook-rates-are-rightsizing-with-exceptions2022 Professional Liability Outlook: Rates Are Rightsizing with Exceptions After double-digit rate increases in 2021, the markets for management and professional liability have rightsized with regard to premiums.8/1/2022 10:10:00 AMProfessional LiabilityProfessional LiabilityMarketsWill Jones
Nor’easter Shows How Risk Rating 2.0 Accurately Rates Homes https://www.iamagazine.com/markets/nor-easter-shows-how-risk-rating-2-0-accurately-rates-homesNor’easter Shows How Risk Rating 2.0 Accurately Rates Homes After a major flood, the results showed how Risk Rating 2.0 got the risk right.7/27/2022 4:00:00 AMFloodFloodMarketsJoe Rossi

 

 

The Case for an Insurance Institute for Cybersecurity Standards https://www.iamagazine.com/viewpoints/the-case-for-an-insurance-institute-for-cybersecurity-standardsThe Case for an Insurance Institute for Cybersecurity Standards How insurance could be the fulcrum for a private-public cybersecurity standards partnership. 1/11/2022 5:00:00 AMCyber LiabilityCyber LiabilityViewpointsMark C. Elliott
Does Woman Who Sued Geico After Contracting STD Have a Case?https://www.iamagazine.com/viewpoints/does-woman-who-sued-geico-after-contracting-std-have-a-caseDoes Woman Who Sued Geico After Contracting STD Have a Case?A look at the policy form that Geico may have sold to the insured reveals that a key phrase is missing. 11/18/2021 6:00:00 AMAutoAutoViewpointsTim Dodge
Independent Agents Face Steeper Competition as Carriers Release Captive Agentshttps://www.iamagazine.com/viewpoints/independent-agents-face-steeper-competition-as-carriers-release-captive-agentsIndependent Agents Face Steeper Competition as Carriers Release Captive AgentsAs carriers continue to reexamine their business models, here’s how it’s impacting the independent agency channel.10/26/2021 10:00:00 AMAgency Operations & Best PracticesAgency Operations & Best PracticesViewpointsJoel Zwicker

 

 

How Changing Use and Vacant Buildings Create Lessors Risk Only Coverage Gapshttps://www.iamagazine.com/magazine/issues/2022/july/how-changing-use-and-vacant-buildings-create-lessors-risk-only-coverage-gapsHow Changing Use and Vacant Buildings Create Lessors Risk Only Coverage GapsWhy occupancy, vacant buildings and changes in use are creating lessors risk only insurance coverage gaps in commercial real estate.7/1/2022 4:35:00 AMCommercial LinesJulyWill Jones
The Right Mix: How Diversifying Your Book Leads to Long-Term Survivalhttps://www.iamagazine.com/magazine/issues/2022/august/the-right-mix-how-diversifying-your-book-leads-to-long-term-survivalThe Right Mix: How Diversifying Your Book Leads to Long-Term SurvivalMany may think product diversification is optional, but it can be key to long-term survival and profitability. Here’s how agencies can diversify their commercial lines book.8/1/2022 4:25:00 AMCommercial LinesAugustTony Caldwell
8 Ways to Generate New Leads Fasthttps://www.iamagazine.com/magazine/issues/2022/july/8-ways-to-generate-new-leads-fast8 Ways to Generate New Leads FastUse these eight tips to earn your prospective customer's trust quickly and generate new sales leads.7/1/2022 4:30:00 AMSales & MarketingJulyJenna Bunnell
12 Things You Need to Understand Before Selling or Merging Your Agencyhttps://www.iamagazine.com/magazine/issues/2022/august/12-things-you-need-to-understand-before-selling-or-merging-your-agency12 Things You Need to Understand Before Selling or Merging Your Agency​Think for a minute. How many things do you only get to do once in life? Now, think about your exit from your insurance agency.8/1/2022 4:20:00 AMPerpetuation & ValuationAugustDoug Levi
Will Workers Comp Premiums Drop in The New Normal?https://www.iamagazine.com/magazine/issues/2022/july/will-workers-comp-premiums-drop-in-the-new-normalWill Workers Comp Premiums Drop in The New Normal?It's human nature to look for good news in the midst of bad. Unfortunately, the silver lining your customer is hoping for may not be found in their workers comp premiums by way of employees working from home. 7/1/2022 4:25:00 AMWorkers CompJulyCaryn Mahoney
Using Social Media to Better Connect with Hispanic Customershttps://www.iamagazine.com/magazine/issues/2022/august/using-social-media-to-better-connect-with-hispanic-customersUsing Social Media to Better Connect with Hispanic CustomersHispanic consumers are an audience that the insurance industry should be focusing on. Here are three best practices for building your social media strategy​ to connect with this influential consumer group.8/1/2022 4:15:00 AMSales & MarketingDiversity & InclusionAugustLory Burgos
Inside-Out: How Agencies Are Utilizing Producers in a New Wayhttps://www.iamagazine.com/magazine/issues/2022/july/inside-out-how-agencies-are-utilizing-producers-in-a-new-wayInside-Out: How Agencies Are Utilizing Producers in a New WayIndependent agencies are redefining their sales producers' roles both inside and outside the office, which has become an innovative way to expand business.7/1/2022 4:20:00 AMSales & MarketingJulyRobyn Hahn