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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Apr 1

Insight + Analysis for the Independent Agent

2020 Big ‘I’ Virtual Legislative Conference Registration Open
2020 Big ‘I’ Virtual Legislative Conference Registration Open
The Big “I” Virtual Legislative Conference: Big “I” in Action will take place May 12-15.

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Trump Administration Issues Additional PPP Guidance
Since the CARES Act was enacted, the Treasury Department and the Small Business Administration have continued to update their guidance regarding the Paycheck Protection Program.
Lawmakers Rally Congressional Support for Trade Associations
A bipartisan letter called for 501(c)(6) organizations, such as trade associations, to be able to access loans through the Paycheck Protection Program.
5 Tips to Share with Commercial Clients During the Coronavirus Pandemic
5 Tips to Share with Commercial Clients During the Coronavirus Pandemic
By proactively engaging clients in conversation, agents can strengthen retention and deepen relationships, demonstrating their support as businesses face new challenges.
How You Can Provide Value While Maintaining Social Distancing
How You Can Provide Value While Maintaining Social Distancing
From helping clients navigate risks to developing new relationships to grow their book of business, brokers must think of new ways to engage.
Insuring a $25 Million Building for $1 Million: E&O Waiting to Happen?
Insuring a $25 Million Building for $1 Million: E&O Waiting to Happen?
A prospect bought a warehouse for $1 million. The replacement cost is $25 million but the owner only wants to protect their investment and has said they wouldn't replace the building in the event of a total loss.
What do you think?
Do you serve customers with home Coverage A values over $500,000?
Take our poll! >
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Invest℠ Partners with MIA in Apprenticeship Program
With Invest’s national high school and college apprenticeship program approved by the U.S. Department of Labor, Invest is now working with 31,000 students in 26 states.
Insure Your Agency Through Big 'I' Markets
Big “I” Markets carriers can meet your insurance agency's business insurance needs.
Safeguard Jewelry from Extreme Weather
Share a blog post with clients to pique their interest in jewelry coverage.
First ACT Virtual Meeting Is in the Books!
On-demand recordings of four engaging and informative sessions are available.
Save the Date: Big ‘I’ Virtual Legislative Conference May 12-15
Save the Date: Big ‘I’ Virtual Legislative Conference May 12-15
From the comfort of your computer or mobile device, get up to speed on legislative, regulatory and legal challenges to your profession.

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Congress Set to Pass Round 2 of PPP Funding
As of press time, the U.S. House of Representatives is expected to pass further COVID-19 relief legislation later today.
Congressional Letters Push Back Against Business Interruption Proposals
Following President Trump’s remarks two weeks ago, there is growing congressional focus on business interruption insurance and whether it covers claims from COVID-19.
Student of the Industry: Coronavirus Cleanup and Contractors Pollution Liability
Student of the Industry: Coronavirus Cleanup and Contractors Pollution Liability
When the coronavirus-induced shutdown ends, it's likely many businesses will seek out decontamination firms. If any of those decontamination businesses are your clients, are they properly protected?
Navigating Client Questions Around Wildfire Preparedness
Navigating Client Questions Around Wildfire Preparedness
Independent agents must stress the importance of effectively preparing for the risk of wildfires. Here's a closer look at some key coverage considerations and wildfire preparation tips.
Big ’I’ Partners Help Communities in Need
As the nation experiences the ongoing effects of the COVID-19 crisis, Big "I" carriers, such as Liberty Mutual and Westfield, are helping their communities.
Fake Supercar Wire Fraud: Is Carrier Right to Deny Claim?
Fake Supercar Wire Fraud: Is Carrier Right to Deny Claim?
An insured wired $50,000 for a car that didn't exist. The carrier is denying false pretense coverage under his dealership insurance because the claim is for a car and the dealership is classified as a motorcycle dealership.
What do you think?
What are the primary factors you consider when placing affluent accounts with a carrier?
Take our poll! >
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InsurBanc Accepting Indications of Interest for PPP Loan
Small businesses that need a loan should get in the queue as soon as possible.
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​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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