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Independent Agent Magazine

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State Farm Withdraws From California Homeowners, Commercial Property Market https://www.iamagazine.com/news/state-farm-withdraws-from-california-homeowners-commercial-property-marketState Farm Withdraws From California Homeowners, Commercial Property Market State Farm cited the hard market and protecting the company’s bottom line as the reason for the withdrawal.5/30/2023 4:00:00 AMIn the NewsIn the News Homeowners Commercial LinesNewsWill Jones
Triple Net Lease: The Problems With Leaving Insurance Up To the Tenanthttps://www.iamagazine.com/strategies/triple-net-lease-the-problems-with-leaving-insurance-up-to-the-tenantTriple Net Lease: The Problems With Leaving Insurance Up To the TenantA property owner does not carry their own property and liability insurance because, based upon the triple net lease, the tenant must provide all of this insurance for the landlord. 5/26/2023 4:00:00 AMCommercial LinesCommercial LinesStrategiesBig “I” Virtual University Faculty
Providing Coverage for BPP Outside ‘100 Feet of the Premises’ https://www.iamagazine.com/strategies/providing-coverage-for-bpp-outside-100-feet-of-the-premisesProviding Coverage for BPP Outside ‘100 Feet of the Premises’ A firewood company has $500,000 of stock on 12 acres, but the business personal property policy says it is only covered with 100 feet of the building. 4/14/2023 4:00:00 AMCommercial LinesCommercial LinesStrategiesBig “I” Virtual University Faculty
3 Ways Commerce Is Evolving in a Hybrid World https://www.iamagazine.com/strategies/3-ways-commerce-is-evolving-in-a-hybrid-world3 Ways Commerce Is Evolving in a Hybrid World Now that the urgency of the coronavirus pandemic has regressed, managers can spend more time sorting out the minute details of their hybrid schedules. 4/12/2023 10:05:00 AMCommercial LinesCommercial LinesStrategiesRose Morrison
Personal Lines Rate Increases Moderate in Q1 2023https://www.iamagazine.com/news/personal-lines-rate-increases-moderate-in-q1-2023Personal Lines Rate Increases Moderate in Q1 2023While homeowners and personal articles insurance on a composite basis were down slightly in the first quarter of 2023, auto insurance rates increased.4/10/2023 10:05:00 AMIn the NewsPersonal Lines Commercial LinesNewsMarketScout
Perfect Storm Creates ‘Hardest Market Cycle in a Generation’https://www.iamagazine.com/news/perfect-storm-creates-hardest-market-cycle-in-a-generationPerfect Storm Creates ‘Hardest Market Cycle in a Generation’Rising economic and social inflation, supply chain constraints, catastrophic weather driving up losses, and historic cost increases for reinsurance has led to significant pressure on the property-casualty industry. 3/30/2023 4:00:00 AMIn the NewsCommercial Lines Personal Lines In the NewsNewsWill Jones