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Industry Roundup: April 1st

​No fooling - here's a roundup of the industry news you need but may have missed.April 1, 2021Homeowners becoming more proactive in improvements, repairs​Since the start of the pandemic, more than half of homeowners made improvements to their property, according to Hippo, which noted 71% said they'd continue making the same amount of home improvements moving forward. Are your policyholders updating their coverges accordingly?Will new federal programs help k​eep commercial drivers safe?​If you serve the transportation industry, you must keep an eye on these programs that could impact your trucking risk management this year.Participate in Insurance Journal's Young Agent Survey Today​Insurance Journal is seeking young…

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​ Catalyit Provides All the Tech Guidance Agencies Need in One Place, Thanks to Steve Anderson and 7 Big I State Associations

Catalyit Solves Agency Technology Pain Point[March 30, 2021] IIA of Wisconsin, Big I New York, IAB of Louisiana, PIIA of Colorado, Big I New Jersey, IIA of Texas, and IIA of North Carolina have partnered with Steve Anderson to launch Catalyit. "Members constantly share their frustration and need for guidance on agency technology," says Lisa Lounsbury, President of Catalyit, and President & CEO of Big I New York. "There hasn't been a one-stop-shop for us to refer them to, so we created one. With the right tech, agencies will thrive. And that's exactly what we're going to help them do." Access to the Catalyit membership site (catalyit.com)…

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DFS Updates Cyber Alert in Wake of Fraudulently-Issued Insurance Policies

​Responding to an alert from Big I New York, the New York State Department of Financial Services (DFS) yesterday updated its guidance​ to financial services companies about a recent wave of cyber fraud. If your agency has a website that enables visitors to obtain instant auto insurance quotes, you should take immediate steps to protect any non-public information collected.As we reported last month​, DFS warned of a "systemic and aggressive campaign to exploit cybersecurity flaws​ in websites that provide instant insurance quotes."  The department's letter provided specific actions companies, including agencies and brokerages, could take to reduce the risk of cyber crime.On March 9, two Big I New York…

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