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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Jul 27

Insight + Analysis for the Independent Agent

Senate Republicans Propose New COVID-19 Relief Package
Senate Republicans Propose New COVID-19 Relief Package
Senate Republicans released a number of legislative proposals, known as the Health, Economic Assistance, Liability Protection, and Schools Act, they hope to package together in the next COVID-19 relief package.

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Senators Introduce Legislation Confirming State Regulation of Insurance
The “Business of Insurance Regulatory Reform Act” clarifies that insurance is regulated at the state level and does not fall under the Consumer Financial Protection Bureau.
Liberty Mutual Insurance Waives Growth Requirement for Agencies in Profit-Sharing
Liberty Mutual Insurance Waives Growth Requirement for Agencies in Profit-Sharing
In response to COVID-19, Liberty Mutual announced updated guidelines for their 2020 commercial lines profit-sharing agreement and will waive the 10% written premium growth requirement to earn a profit-sharing bonus.
Big ‘I’ Sends Letter Supporting Recovery Fund
Big ‘I’ Sends Letter Supporting Recovery Fund
The Big “I,” along with its America’s Recovery Coalition partners, sent a letter in support of the Small Business Recovery Fund.
Will a Homeowners Policy Cover a Multi-Family Home School?
Will a Homeowners Policy Cover a Multi-Family Home School?
With limited schooling options due to the coronavirus pandemic, a client is considering hiring a teacher and hosting a home school with neighbors.
Fresh Perspective: Meet Young Agent Bryan Graham
"There will always be a place in insurance for insurance agents and brokers, but not necessarily in the same capacity that they’ve been used in the past," says Bryan Graham, independent agent. "Agents are going to have to bring something new to the table."
Independent Agent Advice Is ‘Critical,’ Say Small Business Owners
Independent Agent Advice Is ‘Critical,’ Say Small Business Owners
The Hanover 2020 Small Business Risk Report surveyed small business owners nationwide and brokers are more important than ever.
Fresh Perspective: Meet Young Agent Katie Brewer
"We need to communicate with younger people and let them know that insurance is a really good career option," says Katie Brewer, independent agent. "It's so much broader than how it's portrayed."
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Board, Member Meetings Will Take Place Virtually
The meetings will take place Sept. 10-11.
Free COVID-19 Risk Management Webinar
Register today for the webinar, which will include insights into the ever-changing landscape independent agents are facing.
HR Minute: Onboarding in a Virtual World
Onboarding can be a big challenge for many companies and working from home adds additional complexity to the process.
Don’t Miss Independent Agent Satisfaction Study
Big “I" members are receiving email invitations to the third annual J.D. Power 2020 Independent Insurance Agent Satisfaction Study.
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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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