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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Jan 1

Insight + Analysis for the Independent Agent

Is Nonprofit’s Copyright Infringement Excluded from CGL Advertising Definition?
A nonprofit organization used a copyrighted picture without permission, and the owner demands payment. The carrier says the use doesn't fall under advertising because the nonprofit isn't selling anything. Learn More

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Auto Shopping and Switching at 2-Year High
As 40% of consumers saw their rates increase, carrier ad spending has decreased and telematics adoption has stabilized after an initial surge, according to a J.D. Power report. Learn More
5 Key Findings from the Agency Universe Study 2022 – ACT Technology Summary
5 Key Findings from the Agency Universe Study 2022 – ACT Technology Summary
The Technology Summary reveals a number of key insights into the use and adoption of technology by independent agency members. Learn More
3 Strategies Agencies Can Use to Plan for Uncertainty in 2023
3 Strategies Agencies Can Use to Plan for Uncertainty in 2023
It’s time for independent agents to make plans for navigating a turbulent market by focusing on these three areas. Learn More
AN Radio: Jessica Mulder Talks Acquisitions and Transitions
AN Radio: Jessica Mulder Talks Acquisitions and Transitions
​On this episode of Agency Nation Radio, Jessica Mulder, operations manager of Perspective Insurance in Sioux Center, Iowa, reflects on how she played a role in the purchase of three agencies in one year. Learn More
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InsurTech Summit Recording Available
Watch the summit's two panels of groundbreaking InsurTechs, forward-thinking agents and other independent agency channel thought leaders. Learn More
Dan Fulwider Award Applications Now Open
The winner will receive $3,000 for a charity of their choice and be recognized at the 2023 Big “I" Legislative Conference.  Learn More
Risk Rating 2.0: Looking Ahead
Selective shares some lessons learned from the first year of Risk Rating 2.0 and some thoughts for the year to come. Learn More
Simple IRA vs. 401(k)
The Big “I" Retirement and Employee Benefits programs offer a Simple IRA, 401(k) and other benefits needs for your agency. Learn More
Triple Net Lease: Including a Building Owner in a Tenant’s Insurance
An insured is responsible for insuring a building under the terms of their triple net lease with the building owner. What is the best way to structure the building owner's interest on our insured's policy? Learn More

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Court Reverses Geico Order to Pay $5.2 Million to Passenger Who Caught STD in Car
The Missouri Supreme Court ruled that, because the insurer was not given the opportunity to intervene in the case before judgement was entered, the earlier court ruling should be vacated. Learn More
Only 2% of California Homeowners Have Flood Insurance
As the recent string of storms and flooding on the West Coast have likely hit property owners with unmitigated costs, many Americans mistakenly believe they are covered against floods, according to Neptune Flood. Learn More
AN Radio: Rising in a Recession—Part 1
AN Radio: Rising in a Recession—Part 1
In the first of a two-part episode of Agency Nation Radio, tune in to a discussion about agency leadership during an recessionary economy, inflation and a hard market. Learn More
3 Exit Strategies for Agency Owners in 2023
3 Exit Strategies for Agency Owners in 2023
Determining when and how to transition a business is never an easy decision, but more models exist today that match a variety of circumstances. Learn More
Agency Nation Meets: Olivia Schmitt
Agency Nation Meets: Olivia Schmitt
In a new monthly column, get to know insurance fangirl Olivia Schmitt. Learn More
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InsurTech Summit Debuts Tomorrow
Keep an eye out for podcasts that will be recorded on the ground. Learn More
FIRST Insurance Funding Joins ACT
FIRST Insurance Funding, a Wintrust company, is the newest company to join the Big “I" Agents Council for Technology (ACT). Learn More
One Session Left: Economic, Social Inflation Webinar
Feb. 7 is your last chance to attend the Big “I" Professional Liability webinar on inflation's impact on your agency and clients. Learn More
Commercial Auto via Big ‘I’ Markets
Did you know that as a Big "I" Markets agent you have access to monoline commercial auto from two carriers? Learn More
Funeral Held for Former Big 'I' Chairman Teubner
A service for Richard Teubner was held in Tulsa, Oklahoma this week, with several Big “I" leaders attending. Learn More
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