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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Aug 1

Insight + Analysis for the Independent Agent

Hurricane Idalia Brings Flood Insurance into Focus
Hurricane Idalia Brings Flood Insurance into Focus
The severe flooding in the Southeast U.S. brought by Hurricane Idalia highlights the importance of flood insurance. Learn More

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Agency Nation Meets: Rod Hughes
Rod Hughes is president and principal of Kimball Hughes Public Relations and has consulted with Fortune 500 corporations, startups and nonprofits alike. Learn More
Lease Purchase Agreement: How to Protect Tenant’s Insurable Interest in Building
Lease Purchase Agreement: How to Protect Tenant’s Insurable Interest in Building
A commercial insured that rents a building has a sales installment to buy the building from the landlord. The landlord maintains the title of the building and carries building insurance, with no coverage for the tenant. Learn More

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4 Ways Newly Licensed P&C Agents Can Climb the Learning Curve
Learn the common mistakes of a newly licensed agent that can trigger an E&O claim and result in a catastrophic financial loss for the agent or the agency. Learn More
How to Generate Referrals for Your Agency
How to Generate Referrals for Your Agency
Here are five questions to help agencies generate referrals and achieve organic growth through a consistent pipeline of new prospects. Learn More
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Don’t Miss Oct. 5 ACT Meeting
The meeting will discuss artificial intelligence, connectivity and data. Learn More
Why Educators Need Home Business Insurance
With many institutions offering classes virtually, teachers and tutors are often working as independent instructors or from their homes. Learn More
Trava Security Joins ACT
Trava is a cyber risk management company. Learn More
Big 'I' Markets and Coalition Cyber Webinar Sept. 20
Get the information and resources you need to advise your clients on the value of cyber insurance. Learn More
P&C Market to Remain Unprofitable Until 2025
P&C Market to Remain Unprofitable Until 2025
Poor personal lines underwriting performance is the key driver for deteriorating results, with a personal auto combined ratio forecast of 109.5 for 2023. Learn More

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AN Radio: Challenges and Solutions When Insuring Multifamily Homes
Two experts discuss the multifamily housing market and the impact of the hard market on property & casualty insurance. Learn More
Vehicle Registered in One State, Garaged in Another: Which Rates Apply?
Vehicle Registered in One State, Garaged in Another: Which Rates Apply?
An insured owns a vehicle that is registered in Florida but permanently garaged at his second home in Wisconsin. Learn More

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Why Small Independent Insurance Agencies Should Use Google Ads
It can be difficult for smaller insurance agencies to compete when looking for new leads and potential customers—here’s how Google Ads can help. Learn More
How to Turn Agency Critics into Agency Advocates
How to Turn Agency Critics into Agency Advocates
Using and understanding the net promoter score (NPS) metric can help you take a proactive approach to account management. Learn More
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AI, Data Integration and More at ACT Meeting Oct. 5
The event is free for Big "I" members and will include networking and opportunities to ask questions. Learn More
Big ‘I’ Markets and Coalition Cyber Webinar Sept. 20
Attend for information and resources to build your cyber insurance sales advantage. Learn More
Take a Ride Through Our Product Guide
Big “I" Markets is pleased to announce that an updated PDF product guide is now available. Learn More
Auto Insurance Shopping Up 12%
Auto Insurance Shopping Up 12%
With the consumer price index for auto insurance rising 17%, shopping rates were driven by consumers searching for lower premiums, as well as an increase in new car sales. Learn More

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NOAA Revises 2023 Hurricane Outlook to ‘Above Normal’
National Oceanic and Atmospheric Administration (NOAA) forecasters are predicting 21 named storms, of which up to 11 could become hurricanes. Learn More
Adding a Landlord as Loss Payee to Tenant’s Business Income Policy
Adding a Landlord as Loss Payee to Tenant’s Business Income Policy
An insured rents a commercial building with a contract that requires the building owner be listed as the loss payee on the loss of rents provision. What form would cover this? Learn More
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