Two deadly hurricanes highlighted that flooding can happen anywhere. Additionally, experts answered agents’ questions about nonpayment cancellations and recording phone calls.
Hurricane Helene hit the Southeastern U.S. at the end of September and was quickly followed by Hurricane Milton a week later. The two deadly hurricanes highlighted that flooding can happen anywhere, even in areas further from the coast. Yet, a significant number of Americans do not have flood insurance. The Trusted Choice® Relief Fund is continuing to accept donations and grant applications to help impacted independent insurance agencies and their staff.
Additionally, Independent Agent covered expert answers to agencies' questions, from a carrier's ability to see if a client's policy is cancelled for nonpayment to best practices for adding a property manager to a landlord's policy.
Independent Agent magazine is the authoritative source of information for professionals who sell insurance for independent agencies. Whether it's a seasoned agency principal, producer, or account representative, Independent Agent helps agency employees increase sales and deliver an industry-leading customer experience.
In addition to thought-leading analysis of industry trends and market conditions, Independent Agent covers property & casualty coverage changes and new products, interprets legislative issues, and delivers the strategies managers need to grow their agencies.
Here are the five most-read articles on iamagazine.com in October:
5) Can a Property Manager Be an Additional Insured on Landlord's DP3 Policy?
By Big “I" Virtual University Faculty
A landlord's property management firm wants to be added as an additional insured to the policy, but the carrier requires that the property manager is listed on the deed.
4) Should an Agency Record Phone Calls With Insureds?
By Big “I" Virtual University Faculty
What is the current best practice for storing those recordings in an agency management system (AMS)?
3) 7 Findings From the 2024 Agency Universe Study
By AnneMarie McPherson Spears
The study looks at the independent agency ecosystem as it gains distance from the pandemic and navigates the obstacles presented by the hard market.
2) Can Carriers Tell If a Client Had a Policy Canceled for Nonpayment?
By Big “I" Virtual University Faculty
If a client's policy is canceled for nonpayment—whether intentional or not—would it impact that client's ability to get another policy?
1) Hurricane Helene Devastates Southeast, Exposing Flood Insurance Gap
By Will Jones
The disaster highlights just how alarmingly low flood insurance coverage is among Americans, particularly in areas that are farther from the coast.
Compiled by AnneMarie McPherson Spears, IA news editor.
