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Industry Roundup: Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance Purchases; Price of Homeowners Insurance Jumps 34%; U.S. Commercial Auto Q1 Premiums Make Significant Jump Over 5 Years

Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance PurchasesA Swiss Re Institute survey of 11,000 consumers worldwide conducted two years into the COVID-19 pandemic found that the pandemic led to an increase in online insurance purchases as well as a greater willingness to share personal health data, particularly among the younger generation.State Farm Hit by Summary Judgement ReversalA court order which granted summary judgment to State Farm over a breach of policy case has been reversed. Price of Homeowners Insurance Jumps 34%QuoteWizard® released their annual "State of Home Insurance" report and found that the average price of home insurance has increased…

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Father’s Day Reflection: Multigenerational Agencies

​By Julie Furst, Big I NY AVP of Marketing & CommunicationsBig I New York Chair of the Board Nick Masterpole with his family at his installation ceremony. Nick is part of a multigenerational agency and was sworn in by his father at the event.There's something special about our industry that feels pretty unique - the number of multigenerational agencies. Just this morning, I was on a call with six agencies, and 3 of them were the third generation. I often hear agents reference 'my father' or 'my grandfather' and 'our family.' The independent agency channel is full of family businesses. And, I usually hear the…

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Big ‘I’ Fall Leadership Conference Registration Open

​Join us Sept. 14-18 in Niagara Falls, New York, for our 2022 Big "I" Fall Leadership Conference! You don't want to miss the opportunity to enhance your leadership skills and network with your peers. This year's program will include IIABA Board of Directors, Executive Committee, and other committee meetings.The Fall Leadership Conference will also offer additional program events, such as the Education Convocation, to be held Sept. 13-15, and the Young Agents Leadership Institute (YALI), to be held Sept. 16-17.Be sure to join us on Sept. 17 for the Installation of Officers luncheon and reception in honor of John Costello, chairman-elect, hosted by Big I New York. Collectively,…

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