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Tect Trends and Resources for the Independent Agent

News & Views

for the week of Sep 1

Insight + Analysis for the Independent Agent

What a Government Shutdown Means for the NFIP
What a Government Shutdown Means for the NFIP
FEMA released a memo to Write-Your-Own companies and NFIP Direct servicing agents providing guidance on a potential lapse in NFIP authority. Learn More

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Agency Nation Meets: Chris Cline
Across more than 25 years in the insurance industry, Chris Cline has established himself as an industry resource for topics such as perpetuation, agency culture, marketing and sales, data and analytics, technology, and more. Learn More
Homeowners Market Faces Upheaval as Outlook Worsens
Homeowners Market Faces Upheaval as Outlook Worsens
An estimated 39 million U.S. homes are underinsured compared to the risk they actually face from weather events, such as hurricanes, wildfires and floods, according to the First Street Foundation. Learn More
Does Surface Water Count as a Flood?
Does Surface Water Count as a Flood?
A carrier denied a client’s property damage claim because the water was "surface water." The property had the standard ISO special perils form, as well as coverage on a sublimit for sewer and drain backup. Learn More
SAFER Banking Act Set to Roll to the Senate Floor
SAFER Banking Act Set to Roll to the Senate Floor
While similar bipartisan cannabis legislation has previously been introduced into Congress, this is the first time the Senate has acted on this bill. It will also be the first time a cannabis bill will be brought to the Senate floor for a vote. Learn More
Your Checklist to Becoming an Employer of Choice
Your Checklist to Becoming an Employer of Choice
Want to retain and attract top talent? See how you measure up to these attributes of great employers. Learn More
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Cybersecurity Awareness Month Campaign
Since October is Cybersecurity Awareness Month, now is the perfect time to remind customers about cyber liability coverage. Learn More
2023 EIE Award Winners Announced
The 2023 Excellence in Insurance Education (EIE) award recipients have been named and include 38 state associations. Learn More
Invest Adds New Members to Board
Three new board members bring first-hand Invest program and insurance experience. Learn More
Check Out RLI Personal Umbrella Videos
RLI's educational videos are an easy way to show customers the importance of personal umbrella policies. Learn More
Number of Uninsured Drivers Increases as Rates Rise 5.9% in H1 2023
Number of Uninsured Drivers Increases as Rates Rise 5.9% in H1 2023
As personal auto insurance rates continue to accelerate upward, some drivers are taking to the market to find cheaper rates—while others are choosing to drive without coverage. Learn More

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Uncertainty in DC as Government Shutdown Looms
Given this precarious situation, odds for a government shutdown on Oct. 1 are increasing significantly. Learn More
Big ‘I’ and Reagan Consulting Release 2023 Best Practices Study Update
Big ‘I’ and Reagan Consulting Release 2023 Best Practices Study Update
Best Practices agencies continue exceptional organic growth and invest in young producer development, according to the latest study update. Learn More
Where Did All the Workers Go?
Where Did All the Workers Go?
Business owners mistakenly believe that there is a pool of workers waiting to be convinced to rejoin the workforce. That pool doesn't exist. Learn More
Business Interruption: Special Form vs. Specified Causes of Loss
Business Interruption: Special Form vs. Specified Causes of Loss
A client suffered a business income loss due to loss of internet and phone services. The service provider didn't respond to inquiries for the reason of the loss of services, so the carrier denied the claim. Learn More
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Gain Competitive Advantage for Your Agency
The Inclusive Agency Training Series live courses will start in October with real-time discussions and activities. Learn More
Disaster Preparedness Social Media Content
Use a full library of disaster preparedness graphics from Trusted Choice® to encourage your community to stay ahead of the unknown. Learn More
Goldleaf Gets Bonds Done
Goldleaf Surety Services handles almost all types of bonds. Learn More
Cutting-Edge Homeowners Insurance
Big "I" Markets is now offering premium homeowners insurance in several states through Openly. Learn More
Third-Party Litigation Funding Scrutinized in House Oversight Committee
Third-Party Litigation Funding Scrutinized in House Oversight Committee
The hearing investigated how outside capital is funding litigation against companies and agencies to achieve policy goals and examined the lack of oversight in this area. Learn More
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