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Tect Trends and Resources for the Independent Agent

News & Views

for the week of May 3

Insight + Analysis for the Independent Agent

New York Appeals Court: Controversial ‘Best Interest’ Rule Is Unconstitutional
New York Appeals Court: Controversial ‘Best Interest’ Rule Is Unconstitutional
The regulation on how insurance producers offer annuities and life insurance was unanimously ruled “unconstitutionally vague”—a major victory for independent insurance agents across the country.

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How COVID-19 is Accelerating Auto Claims Automation
A LexisNexis report illustrates that the secret to moving toward a touchless claims process may be through a hybrid model—and that insurance carriers can do more to turn virtual claims processing into a competitive advantage. 
Why DIC and DIL Clauses Are Key for Insuring Multinational Risks
Why DIC and DIL Clauses Are Key for Insuring Multinational Risks
Difference in conditions and difference in limits are valuable clause enhancements to a client’s multinational program when uniform terms and conditions are desired to resolve international losses.
Business Relationships Hurt by Lack of Travel, Says Chubb Survey
Business Relationships Hurt by Lack of Travel, Says Chubb Survey
Nearly 1 in 4 business travelers say COVID-19-related travel restrictions have made their jobs less effective, according to a survey from Chubb. 
Why Education is the Way Forward for a Post-Pandemic Agency
Why Education is the Way Forward for a Post-Pandemic Agency
Continuing education will always be a key to an agency’s success. Here's how COVID-19 has changed what and how we learn.
What’s the Difference Between a DP3 and a HO3?
What’s the Difference Between a DP3 and a HO3?
A client had a secondary home insured with the DP3 that they just moved into on a fulltime basis. When talking with clients, what's the best way to explain the difference between a DP3 and HO3 homeowners policy?
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Check Out Independent Agent Magazine’s New Look
This week, Independent Agent magazine launched a redesigned homepage. Head to iamagazine.com and see for yourself!
Community Bank Sales Not Far, Far Away
While we celebrated the fictional world of Star Wars on May 4, here on Earth, agents have an opportunity through Big "I" Markets right in their backyards: community banks.
Get Up to Speed on Industry Statistics
The Big “I" is proud to provide industry research that is vital in strategic planning and building crucial knowledge on industry trends.
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