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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Mar 1

Insight + Analysis for the Independent Agent

House Holds Hearing on Medicare for All Ahead of Big ‘I’ Legislative Conference
House Holds Hearing on Medicare for All Ahead of Big ‘I’ Legislative Conference
The hearing focused on proposals to establish a national, single-payer health insurance program. Opposition to the “Medicare for All Act” will be a priority for Big “I” members during the Legislative Conference. Learn More

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Major Carriers, Tech Partners Will Be at Big ‘I’ Legislative Conference
Mix and mingle at the Big "I" Legislative Conference, to be held April 27-29, with executives from carriers and InsurTech partners sponsoring the event. Learn More
House Passes the Securing a Strong Retirement Act
House Passes the Securing a Strong Retirement Act
The legislation includes provisions to help Americans save for retirement. For small businesses, the legislation would create a new financial incentive to offer retirement plans. Learn More
Vertafore Unveils Commercial Quoting Solution for Independent Insurance Agents
Vertafore Unveils Commercial Quoting Solution for Independent Insurance Agents
The platform gives independent agencies more options for quickly quoting coverage for their business clients. Learn More
Risk Rating 2.0 Takes Effect for All NFIP Policies Tomorrow
Risk Rating 2.0 Takes Effect for All NFIP Policies Tomorrow
Beginning Friday, April 1, all flood policies must be priced under Risk Rating 2.0 at renewal. Learn More
House Financial Services Committee Requests Data on D&I
House Financial Services Committee Requests Data on D&I
Letters sent to 27 of the largest property-casualty and life insurance companies request data on diversity and inclusion (D&I) to be submitted by May 6. Learn More
When Does Property Coverage for New Construction Begin?
When Does Property Coverage for New Construction Begin?
An insured’s commercial building is almost finished construction. At what point does property coverage begin for the new construction under policy form CP 00 10 10 12 and corresponding form CL CP 00 34 10 18? Learn More
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Check Out the ACT Tech Summit Speaker Lineup
The Agents Council for Technology Tech Summit will be April 19-20. Learn More
Register for the 2022 Big ‘I’ Legislative Conference
The Legislative Conference is independent agents’ chance to speak to legislators in a unified voice. Learn More
Participate in the 2022 Agency Universe Study
In the current environment with many issues facing the insurance industry, your input is more important than ever. Learn More
11 InsurTech Platforms That Matter Most Right Now
11 InsurTech Platforms That Matter Most Right Now
The report by Forrester identified the most significant agency platforms and scored how each provider measures up. Learn More

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‘Critical Infrastructure Entities’ to Be Required to Report Cyber Incidents
President Joe Biden signed legislation that requires critical infrastructure entities to report a hack or significant cyber incident within 72 hours. Learn More
Berkshire Hathaway to Acquire Alleghany for $11.6 Billion
Berkshire Hathaway to Acquire Alleghany for $11.6 Billion
The purchase of property-casualty insurer Alleghany is Berkshire Hathaway CEO Warren Buffett’s biggest deal since 2016. Learn More
Big ‘I’ Legislative Conference Offers Unique Networking Opportunities
Big ‘I’ Legislative Conference Offers Unique Networking Opportunities
The upcoming event, to be held April 27-29, will bring agents together with lawmakers and company representatives. Learn More
Risk Rating 2.0 Takes Effect for All Policies Next Week
Risk Rating 2.0 Takes Effect for All Policies Next Week
FEMA is currently offering new webinars for agents that will focus on the renewal process under Risk Rating 2.0 beginning April 1. Learn More
Vicarious Liability: Personal Exposure from Hiring a Personal Shopper
Vicarious Liability: Personal Exposure from Hiring a Personal Shopper
An insured pays an individual who uses their own car to shop and run errands. How can the insured acquire coverage for their vicarious liability from hiring the shopper? Learn More
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2022 Agency Universe Study Underway
Take the survey and be entered into a drawing for a $1,000 grand prize, two $500 prizes, four $250 prizes and five $100 prizes. Learn More
Watch for Your Free Personal Umbrella Poster
The annual Big I Advantage® RLI Personal Umbrella packet should start arriving in agency mailboxes next week. Learn More
Spring Into Flood Awareness
The Big "I" will be sharing news, tips and updates from Big "I" Flood partner Selective on the Big “I" Facebook page. Learn More
Best Practices Agency Nominations Hit Record High
Check your inbox to see if you are among the more than 2,300 agencies nominated for the 2022 Best Practices Study. Learn More
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