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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

Big ‘I’ Board Adopts Hard Market Policy Statement
The Big “I” Board of Directors' policy statement emphasizes the critical role of independent agents and expresses serious concerns about recent carrier reductions in agent commissions and inappropriate agency terminations. Learn More

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AN Radio: Building a Niche in Real Estate with Jonathan Lugo
Lugo shares his journey from intern to specializing in real estate insurance. Learn More
2024 Big ‘I’ Legislative Conference Registration Open
2024 Big ‘I’ Legislative Conference Registration Open
The premier event for independent agents will take place April 10-12 in Washington, D.C. Learn More
Minimize E&O Exposure from Carrier Insolvency
Minimize E&O Exposure from Carrier Insolvency
The increasing number of carrier rating downgrades could present an errors & omissions exposure to independent agents if not properly managed. Learn More
What Happens When Homeowners Prospect Lies About Owning Pit Bulls?
What Happens When Homeowners Prospect Lies About Owning Pit Bulls?
In the event of a claim—dog-related or otherwise—would the carrier be able to declare the policy void back to inception due to fraud or material misrepresentation by the applicant? Learn More
NFIP Reauthorized Until March 8
NFIP Reauthorized Until March 8
A short-term reauthorization of the National Flood Insurance Program through March 8 was included in the short-term continuing resolution passed by Congress last week. Learn More
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Dan Fulwider Award Applications Now Open
Trusted Choice® will recognize the agent who has shown the most commitment to their community during the 2024 Big “I" Legislative Conference. Learn More
Wearable Collections Insurance from AIG
Big “I" Markets affluent partner AIG has shared a flyer overviewing its wearable collections insurance that you can share with clients. Learn More
What Can the Big ‘I’ Do For You?
SOAR is a free Big “I" member service in which a dedicated association professional helps you navigate essential member resources. Learn More
Auto Insurance Rates Rose 20% Last Year
Auto Insurance Rates Rose 20% Last Year
It's the biggest jump since 1976 and the 16th consecutive month of annual gains exceeding 10%, according to the Bureau of Labor Statistics. Learn More

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Young Agents Take on the Hard Market: Building Staff Morale
In this bonus episode of Agency Nation Radio, Avery Moore, Brock Elliott, and Lisa Lemanski discuss how to maintain a positive culture during the hard market. Learn More
Big ‘I’ Applauds Reintroduction of Business of Insurance Regulatory Reform Act
Big ‘I’ Applauds Reintroduction of Business of Insurance Regulatory Reform Act
The act would prevent the Consumer Financial Protection Bureau from pursuing enforcement against any person regulated by a state insurance regulator. Learn More
Does CGL Cover Landlord Liability for Parking Lot Car Accident?
Does CGL Cover Landlord Liability for Parking Lot Car Accident?
If a customer of one of the tenants was injured in an auto accident in the parking lot, does the standard commercial general liability policy without the non-owned auto endorsement provide coverage for the landlord? Learn More
Why Do Surety Companies Ask for a Social Security Number?
Why Do Surety Companies Ask for a Social Security Number?
Here's how an agent can to explain this unique requirement to their surety clients. Learn More
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Website Lead Generation Webinar Feb. 13
Trusted Choice® and Jump Suit Group will explain best practices for using Google Ads and optimizing your website for leads. Learn More
Why Winter Weather and PUPs Go Together
A personal umbrella policy will substantially increase an insured’s overall liability protection. Learn More
Sign Up for Inclusive Agency Training Series
Choose from live sessions or an on-demand course. Learn More
2024 Outlook: Premium Growth Drives Hard Market Recovery
The outlook for the U.S. property & casualty insurance industry is more favorable than 2023, with expected strong premium growth and easing inflation ​pressures, according to Swiss Re. Learn More

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Navigating the Hard Market: Expert Advice from Trusted Choice® Panel Discussion
The Trusted Choice® Board of Directors annual meeting featured a panel of industry experts who shared insights on the current hard market. Learn More
HR Trends and Regulation to Watch in 2024
Here are some important general, state and federal trends to watch in 2024. Learn More
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