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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Jan 25

Insight + Analysis for the Independent Agent

Big ‘I’ Submits Comments on FHA Private Flood Insurance Rule
Big ‘I’ Submits Comments on FHA Private Flood Insurance Rule
The proposed rule would allow consumers to purchase a private flood insurance option instead of insurance through the National Flood Insurance Program when flood insurance is required by the Federal Housing Administration.

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Allstate to Sell Life Insurance Business in $2.8 Billion Deal
Allstate President and CEO Tom Wilson highlighted the need to release capital to pursue growth in the personal lines property-casualty market. 
Can Employers Require Employees to Receive COVID-19 Vaccinations?
Can Employers Require Employees to Receive COVID-19 Vaccinations?
States across the country are in varying stages of vaccination and while the question of whether employers can require a COVID-19 vaccine isn't imminent for most businesses, now is the time to think about your strategy.
1 in 3 US Homes Exposed to High Natural Hazard Risk
1 in 3 US Homes Exposed to High Natural Hazard Risk
Data shows 35 million U.S. homes are exposed to high natural hazard risk levels, according to CoreLogic's 2020 Catastrophe Report. And while the report looks at severity and frequency of damage caused by seven natural perils, it points to rising flood water as the No. 1 peril for most U.S. homes.
Subrogation: Giving Insureds a Competitive Advantage
Subrogation: Giving Insureds a Competitive Advantage
Subrogation, recovering sustained damages from a negligent party, is an often-overlooked service to secure customer retention and reduce risk. Here are three ways to help clients maximize their subrogation recoveries.
The Missing Ingredient: What Buyers Crave, Resist and Rarely Get
The Missing Ingredient: What Buyers Crave, Resist and Rarely Get
In every commercial insurance transaction, there is a buyer and a seller working towards the common goal of protection for a risk. Too often this transaction is flawed. Here's some reasons why.
To Be Discontinued: Is an ‘Occurrence’ the Date of Installation or Injury?
To Be Discontinued: Is an ‘Occurrence’ the Date of Installation or Injury?
A pool contractor is insured on a commercial general liability occurrence form and is selling the business. If they cancel the CGL and a claim arises in 2021 but the pool was built in 2020, would the 2020 policy respond?
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Trusted Choice® COVID-19 Relief Fund Is Open
Members interested in receiving a grant should complete an application online and be sure to include documentation to support their request.
Feb. 10 Webinar on Customer Data
Learn new ways to increase retention and customer satisfaction by using agency data to understand customer needs.
New Year, New Hires?
Big "I" Hires is offering incentive discounts to help with hiring and HR needs.
New Trusted Choice® Social Media Calendar Online
The calendar includes ready-to-post content focused on winter home maintenance trends, protection for jewelry purchases, heart health and much more.
Access Surety Bonds with Goldleaf
Goldleaf has excellent market capacity for bid, performance and payment bonds on all types of contract obligations.
New Phishing Coverage Available via Coalition
The new endorsement provides coverage when an attacker impersonates an insured in electronic communications to trick the insured’s customers into paying the attacker.
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Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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