Does a BAP Cover a Claim Outside the Radius of Operations? | 39987 | If the insured has a claim outside the 500-mile radius, will the claim be covered? Is there a chance the carrier may wish to nonrenew or cancel? | | 3/21/2025 1:15:27 PM | A customer has a business auto policy (BAP) that is rated within a radius of operations, not per auto The policy has a 500-mile radius, which is sufficient for 99% of the time | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
Homeowners Repair Cycle Length Reaches All-Time High | 139554 | Homeowners claims are taking longer to resolve than ever before with the average claim cycle time—from filing the claim to finished repairs—now 32.4 days, says J.D. Power. | | 3/20/2025 2:00:25 PM | Catastrophic events and homeowners premium increases across the country have combined with slow repair cycle times to dampen customer satisfaction with the homeowners insurance | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
NFIP Reauthorized in Recent Government Funding Bill | 139591 | Last week, the U.S. Senate passed a continuing resolution to fund the federal government through Sept. 30 and included a short-term reauthorization of the National Flood Insurance Program (NFIP). | | 3/20/2025 2:00:26 PM | On March 14, the U.S. Senate passed a continuing resolution (CR), which will fund the federal government through Sept. 30 The U.S. House of Representatives had acted earlier in the | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
Is Google Dead? Why Social Media Is Taking Over Search | 22199 | If you're still relying solely on Google for your agency's search visibility, you might want to rethink your strategy. Social media is quickly becoming the new search engine for the next generation. | | 3/20/2025 2:00:26 PM | Let's get one thing straight Google isn't going anywhere anytime soon It's still the heavyweight champion of search engines across the globe But is it the all-powerful juggernaut | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
Stress and Burnout: The Quiet Reason Many Agency Owners Are Selling Their Agencies | 139553 | Consider these five strategies if stress and burnout is forcing you to consider selling your agency. | | 3/20/2025 2:00:26 PM | There are many reasons why an agency owner sells their agency, including retirement, financial gain and the three Ds—divorce, disability and death Coming out of the pandemic, some | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
How Agents and Carriers Can Play a Role in Reducing Distracted Driving | 178542 | With distracted driving a leading cause of road accidents, agents can educate customers about the dangers and offer incentives for positive driving behavior. | | 3/17/2025 2:12:59 PM | Distracted driving continued to be a leading cause of road accidents , according to the National Highway Traffic Safety Administration, with over 3,000 deaths in the U.S. | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
Admiral Insurance Group Adds Virtual Care to Primary and Excess Professional Liability Product | 178543 | The product addresses unique risks in the rapidly evolving field of health care technology, including coverage for medical malpractice, technology bodily injury and cybercrime. | | 3/17/2025 2:14:40 PM | PRODUCT Virtual Care COMPANIES Admiral Insurance Group, a Berkley Company FOCUS Recently, Admiral Insurance Group , a Berkley Company providing wholesale-dedicated excess | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
4 Ways to Steer Clear of UM/UIM E&O Claims | 34530 | Insurance agents need to take appropriate steps to avoid errors & omissions claims that allege they failed to offer uninsured/underinsured motorist and umbrella coverage. | | 3/17/2025 2:10:38 PM | In today’s litigious society, drivers need uninsured/underinsured motorist insurance and even umbrella coverage Certain states have minimum automobile liability coverage | 135 | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
Delayed Repairs and the ‘Delay, Loss of Use or Loss of Market Exclusion’ | 133019 | A client's commercial property suffered wind damage. Repair estimates were approved, but weather delayed the repair and the costs increased. The adjustor is denying the additional repair costs. | | 3/21/2025 1:15:27 PM | A client with a CP 10 30 09 17 policy experienced wind damage to a completed structure Repair estimates were approved by the adjuster and a contractor was hired to repair the | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |
Most Ransomware Incidents Start With Compromised VPN Devices | 145567 | VPNs and firewalls ranked as the first and fourth most exploited technologies for initial access in 2024, according to a Coalition report. | | 3/19/2025 5:56:27 PM | This week, Coalition released its “ Cyber Threat Index 2025 ," detailing insights on cybersecurity trends from 2024 and emerging threats businesses should be aware of in 2025 | | https://iam.iiaba.net/Lists/Articles/AllItems.aspx | | False | | |