Watch: FTC Noncompete Agreement Ban Explained
Big I
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4d ago
The Big "I" government affairs team released a video explaining the rule, its effect on independent agents and the current state of play ..read more
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Fannie Mae and Freddie Mac Postpone Updated Guidance for Property Insurance Coverage
Big I
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4d ago
The guidance was set to take effect on June 1 and would have required mortgagors to acquire replacement cost value coverage for their property, including roofs, deeming actual cash value unacceptable ..read more
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Top 5 Most-Read Articles in Independent Agent in April
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4d ago
Independent Agent covered emerging trends and their impact, including the ban of noncompete agreements from the Federal Trade Commission (FTC) and the increasing importance of uninsured or underinsured motorist umbrella coverage ..read more
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Over Half of Cyber Claims Originate in Email Inboxes
Big I
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4d ago
More than half of all 2023 cyber insurance claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), according to a Coalition report ..read more
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Citizens Partners with EZLynx to Provide Homeowners Quotes in Florida
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4d ago
Through Citizens, more than 7,000 agents will receive no-cost access to the EZLynx Rating Engine to enable them to quote home and dwelling fire policies in Florida ..read more
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Half of Auto Insurance Consumers Are Shopping for New Policies
Big I
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4d ago
The increase in auto insurance shopping is prompted by soaring auto insurance costs, with a 22.2% year-over-year increase in the average cost of auto insurance through the end of February ..read more
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Small Business Owners Rethink Workers Comp Strategies After a Claim
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2w ago
Independent insurance agents have an opportunity to proactively help customers consider the value of a workers compensation policy beyond price—before they learn the hard way ..read more
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DOL Defines ‘Investment Advice Fiduciary' and Alters Overtime Regulations
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2w ago
The Department of Labor (DOL) announced a final rule that will subject the financial services industry to new requirements designed to protect retirement investors from receiving bad or self-interested investment advice ..read more
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FTC Issues Rule Banning Noncompete Agreements
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2w ago
Independent insurance agents who are considering the impact of the new regulation on their agencies and firms should consider some of the rule’s key elements and certain revisions that were incorporated in the final text ..read more
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Slowest Quarter for Agency M&A Since 2020
Big I
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2w ago
There were 155 announced insurance agency mergers & acquisitions in the first quarter of 2024, down 18% from the same period in 2023 ..read more
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