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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

Senate Passes CARES Act to Protect Workers, Businesses
Senate Passes CARES Act to Protect Workers, Businesses
The comprehensive legislative package uses the full resources of the federal government and provides $2 trillion in support for businesses, individuals and families, the healthcare system and the U.S. economy.

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Coronavirus: State, Federal Officials Eye Business Interruption Intervention
These proposals may be well-intentioned, but they are misguided, misdirected and would place an entire financial services sector in turmoil.
DOL Requests Perspectives on Compliance Materials for Expanded Paid Family and Medical Leave
The national online dialogue will inform DOL compliance assistance guidance, resources, tools and outreach approaches. Submit your input by this Sunday, March 29.
Advising Clients and Keeping Your Agency Running in a Crisis
Advising Clients and Keeping Your Agency Running in a Crisis
As insurance agents manage workplace issues and guide clients during the evolving coronavirus pandemic, here are three best practices for developing and activating a crisis management plan.
Student of the Industry: What Day Is the Most Dangerous for E&O Claims?
Student of the Industry: What Day Is the Most Dangerous for E&O Claims?
Wouldn't it be nice to know? This month's Student of the Industry article takes a look at the data.
Should an Agency Inform Insureds of Cancellations for Nonpayment?
Should an Agency Inform Insureds of Cancellations for Nonpayment?
Should agents let the insured know and track down the premium past due or just let the policy lapse?
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Handling Carrier Directives to Deny Coronavirus Claims
Big “I” Professional Liability strongly advises that agencies do not make a coverage determination on behalf of any insurance carrier or deny any claims.
Suddenly Managing Remote Teams? Now What?
This blog post outlines what should businesses should focus on today for their remote teams, and what they should be thinking about for the coming weeks.
Send a Message of Hope to Wish Kids
Join Trusted Choice® in Make-A-Wish®’s #WishesAreWaiting campaign to grant wishes that have been delayed during the coronavirus pandemic.
Coalition Commissions Temporarily Increase
In response to the coronavirus pandemic, Coalition is increasing commissions to their partners on policies bound March 16 through July 1 by five points.
Don’t Miss: Big ‘I’ Webinars on Coronavirus Response
Webinars are available on business income, auto and teleworking.
Congress Acts on Legislation to Address Coronavirus Crisis
Congress Acts on Legislation to Address Coronavirus Crisis
The U.S. Senate passed the Families First Coronavirus Response Act by an overwhelming bipartisan vote and the president quickly signed the legislation into law. The legislation includes many provisions that impact Big "I" members and small businesses.

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Big ‘I’ Weighs In with Administration and Congress on Coronavirus Response
The Big “I” issued two letters this week and continues to engage both the administration and Congress on solutions to address the economic, health, and social challenges caused by coronavirus.
Workplace Policy Lessons from the Coronavirus Pandemic
Workplace Policy Lessons from the Coronavirus Pandemic
The current pandemic shows us the importance of being prepared for disruptive situations. Here are some actions and laws to consider while facing an emergency such as the coronavirus.
Women Leaders in Insurance: Myrna Estrada
"The world is changing, and quickly," says insurance industry leader Myrna Estrada. "I love the independent channel. But for it to thrive, we need to be prepared for what that change looks like."
Can Coronavirus ‘Concerns’ Trigger Business Interruption Coverage?
Can Coronavirus ‘Concerns’ Trigger Business Interruption Coverage?
Without a direct physical loss, would the shutdown of a restaurant or business due to coronavirus concerns trigger contingent business interruption coverage?
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Free Webinars on Coronavirus Response
Webinars on business income, auto and teleworking offered.
5 Tips for Marketing in a Crisis
While communication is important, and businesses cannot stop marketing altogether, here are five guidelines that may help during the coronavirus pandemic.
Big ‘I’ Virtual University Monthly Cram Sessions
Working from home? On Monday, March 23, and Tuesday, March 24, you can take up to five online classes in just one day.
Women in Leadership Webinar Available On Demand
Watch last week's Women Who Lead Remarkably webinar now.
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