| |  | | | Senate Republicans released a number of legislative proposals, known as the Health, Economic Assistance, Liability Protection, and Schools Act, they hope to package together in the next COVID-19 relief package. |
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| | In response to COVID-19, Liberty Mutual announced updated guidelines for their 2020 commercial lines profit-sharing agreement and will waive the 10% written premium growth requirement to earn a profit-sharing bonus. |
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| | The Big “I,” along with its America’s Recovery Coalition partners, sent a letter in support of the Small Business Recovery Fund. |
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| | With limited schooling options due to the coronavirus pandemic, a client is considering hiring a teacher and hosting a home school with neighbors. |
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| | "There will always be a place in insurance for insurance agents and brokers, but not necessarily in the same capacity that they’ve been used in the past," says Bryan Graham, independent agent. "Agents are going to have to bring something new to the table." |
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| | The Hanover 2020 Small Business Risk Report surveyed small business owners nationwide and brokers are more important than ever. |
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| | "We need to communicate with younger people and let them know that insurance is a really good career option," says Katie Brewer, independent agent. "It's so much broader than how it's portrayed." |
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  | | The meetings will take place Sept. 10-11. |
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| | Register today for the webinar, which will include insights into the ever-changing landscape independent agents are facing. |
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| | Onboarding can be a big challenge for many companies and working from home adds additional complexity to the process. |
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| | Big “I" members are receiving email invitations to the third annual J.D. Power 2020 Independent Insurance Agent Satisfaction Study. |
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| | As negotiations on this relief package continue in the coming weeks, the Big "I" will provide updates on important developments. |
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| | The “Small Business Comeback Act” would create the Small Business Recovery Fund to provide federal grants for operational expenses to help businesses reopen and stay open during the COVID-19 pandemic. |
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| | With Congress expected to consider another COVID-19 relief package in the coming weeks, the Big “I” sent a letter urging an expansion of the Paycheck Protection Program to include 501(c)(6) nonprofit associations. |
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| | COVID-19 has the potential to drive price increases on lines of business that are impacted by this historic event, but if insurer finances also enter the picture it can be an entirely different story. |
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| | With the next generation and insurance, "it's better if millennials do get involved because, for example, when you first start driving, you don't understand the risk or how much insurance costs," says Heather Becke, independent agent, "so having younger people involved provides that comfort level to the client." |
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| | "You need a mix of young, up-and-coming people that are learning the industry alongside people who have 30-40 years of experience," says Kyle Beggs, independent agent. "When we all work together it makes a heck of a synergy." |
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| | A PVC pipe burst and damaged the building's concrete slab. The insurance carrier is excluding coverage for the pipe based on the “wear and tear” exclusion, and excluding coverage for the damaged slab because “foundations below the surface of the ground” are not covered. |
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