News

Industry Roundup: Only 3% of Employees Want to Return Full-Time to Their Offices; Cyber Market Primed to Grow and Eclipse Property by 2040; Auto Insurance Shopping Sees Quarter-On-Quarter Decline; Pet Benefits May be a Key to Retaining Talent

​Manufacturers are Now Hackers' Favorite TargetsManufacturing was the industry most targeted by hackers during 2021, accounting for 23.2% of incidents, according to IBM Security X-Force research. The sector edged out insurance and financial services by a slim margin.Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher ReFollowing a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property catastrophe market by 2040, said Gallagher Re.Agency's Specialty Portfolio Often Fragmented by Working with Multiple CarriersThe Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of…

Continue ReadingIndustry Roundup: Only 3% of Employees Want to Return Full-Time to Their Offices; Cyber Market Primed to Grow and Eclipse Property by 2040; Auto Insurance Shopping Sees Quarter-On-Quarter Decline; Pet Benefits May be a Key to Retaining Talent

Breaking: Amendments to Comprehensive Insurance Disclosure Act Signed

​On Thursday evening, Governor Hochul signed Big I NY-supported chapter amendments to the new Comprehensive Insurance Disclosure Act (CIDA), which are effective immediately. Crucially, the CIDA will now apply only to actions filed after December 31, 2021 (not all pending actions, as originally passed). Agents who received insurance disclosure demands for litigation already pending prior to 2022 can disregard these demands. Additionally, PIP actions are exempted from disclosure, and the time frame for disclosure will be extended from 60 days to 90. Read the latest E&O report on the amended bill here.​Source

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The Eisenhower Matrix

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Ever heard of it?  I hadn’t until I was prepping for more staff development time with my team.  I was searching the internet for a visual graphic of The Purpose Matrix that I learned about in Amy Jen Su’s book “The Leader You Want to Be” to share with my team.  For some reason, the Eisenhower Matrix​ popped up.  And boy am I glad that it did!In our quest to become a more effective and efficient team this year, we recently talked about Urgent vs. Important work and where we need to spend our time.  For me, I find great satisfaction in checking things off…

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