It's October, which means Halloween, which means people who enjoy being terrified are flocking to haunted houses and similar attractions. Have you ever thought of trying to write the insurance on one of these places? What coverages do they need? What are their loss exposures? In this chilling video, I discuss these topics in a way that is not at all melodramatic. [embedded content] Source
E&S Binding MarketsIt's no secret. We are in a very challenging property market. In both the admitted and non-admitted space, we are experiencing pressure like never before. The impact from carrier loss results, inflationary impact, supply chain issues and reinsurance markets are all contributing factors – making this market difficult for retailers across the country.As it continues to impact your business, having a reliable E&S partner has never been more critical. Amwins understands and has the solutions you need. When you tap into our network of property specialists, you get more than 500 industry-fluent professionals who collaborate on risks to provide custom insurance solutions.Our New…
On Thursday, October 12th, Big I NY met with counsel to Governor Hochul and urged that she veto legislation that would ban the use of non-compete agreements.While we appreciate the intentions behind this bill, we firmly believe that a blanket ban on non-competes would have detrimental consequences for the independent insurance industry, particularly in the context of business sales and acquisitions.Big I NY believes this bill must be vetoed for the following reasons:Preserving Business Value: Insurance agencies invest time and resources in building and maintaining client relationships. A non-compete agreement prevents departing agents from taking clients and policy expirations with them to a competitor, preserving…