Industry News

Insurers Beware: Potential Impacts of New York's Cyber Insurance Risk Framew​​ork​During its current legislative session, New York is c​onsidering a proposed privacy bill that would greatly enhance consumer privacy rights, increase business obligations and create new litigation/enforcement exposure.Workplace Safety Considerations a​s the Vaccine Rolls Out​With the vaccine continuing to roll out across the country, you may have questions besides if you should or shouldn't require your employees to be vaccinated, like - do vaccinated employees need masks? Should we track who has been vaccinated?  Learn more about this important considerations as you re-open your agency.Big 'I' and Future One Re​lease 2020 Agency Universe Study COVID-19…

​Biennial study reveals stability and challenges in independent agency system.ALEXANDRIA, VA, March 29, 2021—The number of independent insurance agencies has remained stable and business conditions continue to improve, although at a slower rate than 2018, according to the 2020 Agency Universe Study.Future One, a collaboration of the Big “I" and leading independent agency companies, has released key findings from the recently completed Agency Universe Study, hailed as the most comprehensive look at the independent agency system.   “The 2020 Agency Universe Study reveals good news for the independent agency system, including continued adaption to the digital solutions and innovations that enable independent agents and brokers across…

​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…