I want to...

Join the Trusted Choice® brand

Uncover Industry Best Practices

Learn more about E&O

Learn about InsurPac

Read IA Magazine

Discover technology for agencies

Take an online CE class

Educate Congress on Insurance

Industry News

Stunted Growth 
Forecast predicts agencies will be short on growth.
Rate changes in the property-casualty market have drastically affected revenue growth in the sector and the struggling economy is likely to take an even greater toll on agency growth as conditions worsen, according to Marsh-Berry’s 2008 Insurance Agency/Broker Value Forecast. Economic growth is expected to slow to between 1.3% and 2% in the next year, down from original projections of 1.8% to 2.5%. And while the industry is accustomed to soft rates, their presence coupled with the weakening economy could mean slower growth in commercial businesses, which will eventually affect revenue generated from p-c lines.. 
Learn more...

Big "I" News

Senate Approves Flood Legislation   
Big “I” praises legislation to extend National Flood Insurance Program
The Independent Insurance Agents & Brokers of America (the Big “I”) applauds Senate Banking Committee Chairman Chris Dodd (D-Conn.), Ranking Member Richard Shelby (R-Ala.) and the other members of the Senate, for passing the Flood Insurance Reform and Modernization Act (FIRM) of 2008.The FIRM Act, introduced by Chairman Chris Dodd and Ranking Member Shelby, would help modernize and reform the National Flood Insurance Program (NFIP).  Learn more...

For the Consumer

Consumers Can Minimize Homeowners Insurance Non-Renewals, Rate Increases
A new national survey by Trusted Choice® and The Independent Insurance Agents & Brokers of America (the Big "I") found that nearly 3.0 million households have lost their homeowners coverage since 2003. Despite the aftermath of Hurricane Katrina, most homeowners have done nothing to structurally reinforce their home to protect against a natural disaster. 
Full story.

Big "I" Spotlight

ACT Executive Director Receives Top Honor
Earlier this week, Jeff Yates, executive director of the Agents Council for Technology (ACT), was honored with the ACORD Rainmaker Award at the ACORD Board/Act and AUGIE dinner. The award is presented to individuals who support the implementation of ACORD standards and it is only given in years when there is a deserving recipient. Yates has been an long-time advocate of ACORD, a nonprofit association whose mission is to facilitate the development and use of standards for the insurance, reinsurance and related financial services industries and ACT, the partnership of independent agents, companies, technology vendors, user groups and associations dedicated to enhancing the use of technology and improved work flows within the independent agency system.