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Tect Trends and Resources for the Independent Agent

News & Views

for the week of May 10

Insight + Analysis for the Independent Agent

Legislation to Delay Risk Rating 2.0 Introduced in the House
Legislation to Delay Risk Rating 2.0 Introduced in the House
The act would require FEMA to release an impact analysis at least six months before National Flood Insurance Program changes, and prohibit certain changes during and up to six months after the COVID-19 emergency declaration.

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Aon, Willis Towers Watson to Sell Assets to Gallagher for $3.57 Billion
The deal puts the merger between Aon and Willis Towers Watson back on track to forming the largest insurance brokerage in the world.
Business Income and the Supposed Ambiguity of “Direct Physical Loss of or Damage to”
Business Income and the Supposed Ambiguity of 'Direct Physical Loss of or Damage to'
With COVID-19, attorneys content that losing the use of a building qualifies as “physical loss of” the building and triggers a business income loss. The courts have been asked to decide.
Only 20% of Middle Market Companies Rely on an Agent or Broker
Only 20% of Middle Market Companies Rely on an Agent or Broker
With high exposure to key risks, middle market companies are missing out on mitigation advice from insurance experts, says Chubb survey.
Unpaid Work Hours, Increased Responsibilities on the Rise in COVID-19 Workplace
Unpaid Work Hours, Increased Responsibilities on the Rise in COVID-19 Workplace
COVID-19 has brought about an increase in conditions ripe for workplace burnout, including longer working hours and taking on additional tasks, according to the ADP Research Institute.
11 Habits of Top-Performing Agents
11 Habits of Top-Performing Agents
Success comes when you channel some serious self-awareness and figure out what habits and activities allow you to produce your best work.
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Submit Photos for a Special Edition of Independent Agent
The magazine will publish a special 125th anniversary edition in September and old photos will help tell the tale.
Train, Track and Focus with EXCEED
Big “I” members receive 10% off the registration tuition when using the provided registration code.
Nicole Riegl from The Institutes Joins Invest Board
Riegl brings operations and marketing experience from business education career. 
Keep Jewelry Coverage Top of Mind
Jewelers Mutual Group has content you can share with clients to help them understand the need for jewelry coverage.
Access Fiduciary Bonds via Big ‘I’ Markets
Goldleaf Surety, the Big "I" Markets bond partner, often sees these three common fiduciary bonds.
Big ‘I’ VU Classes Include CE in Some States
The Big "I" Virtual University’s 2021 live webinar schedule features plenty of valuable classes on a variety of topics and continuing education credit approved in some states.
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