Category Archives: News

The Woodlands Insurance Company First To Offer Homeowners Policy With Flood Insurance Coverage Options

FEMA reported that 80% of households affected by Hurricane Harvey were not protected with Flood coverage. Several factors contributed to this tragic statistic, including the false sense of security many had of not living in a “high-risk flood zone.” The … Continue reading

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FEMA Unveils ‘Risk Rating 2.0’

On Monday, FEMA announced changes to the way the NFIP will charge homeowners for flood risks. The change—dubbed “Risk Rating 2.0”—could have a significant impact on flood insurance bills for millions of Americans. The changes could lead to higher flood … Continue reading

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Swiss Re Enhances Risk Management Credit Structure

About 300 days remain until the Swiss Re Corporate Solutions risk management credit change takes effect, but we wanted to remind you of what’s coming up. With so many enhancements and additional credits available, the revised structure is a win … Continue reading

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ICT Storm Tour Prepares Texans for Severe Weather

In Texas, the spring storm season, March through May, brings some of the most severe weather events to parts of the state in the form of hailstorms, tornadoes, and severe thunderstorms.  Although 2018 was mild in terms of typical Texas … Continue reading

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Custom On-Hold Messages for Independent Agents

What do your callers hear when they need to wait On Hold on the phone?  Are you presenting a professional image, showing appreciation, and conveying helpful information? Commercials On Hold easily converts “hold time” into a powerful customer relations tool.  … Continue reading

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RLI Personal Umbrella Rate Change Approved in Most States

Effective April 1 for new business and June 1 for renewal business, RLI has received approval for a modest rate increase in most states, including Texas. RLI will also introduce additional rating changes at this time, including: A 5% increase … Continue reading

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Big ‘I’ Member Resources Available on Pass-Through Tax Regulations

In January, the Internal Revenue Service issued final regulations concerning a new tax deduction for “qualified business income” under Section 199A of the tax code. The Big “I” lobbied aggressively on this regulation as it is critically important for owners and shareholders … Continue reading

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Apply for ACT’s Comparative Rating Pilot

The Agents Council for Technology (ACT) has a unique and exciting opportunity for IIAT members! The ACT Small Commercial Rating Work Group is working with a handful of comparative rating vendors to offer a free 60- to 90-day pilot to … Continue reading

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Big ‘I’ Diversity Council Releases White Paper

The Big “I” Diversity Council is pleased to release “Workforce Diversity in the Independent Agency System: 3 Steps to Change,” a white paper based on findings from the 2018 Future One Agency Universe Study. Here’s a sneak peek of what’s … Continue reading

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