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Thursday, 07/29/2010email print


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Big "I" Markets Introduces Fine Arts and Valuables Product
ALEXANDRIA, Va., July 28, 2010 - The Independent Insurance Agents & Brokers of America Big "I" Markets program today announced access to new stand-alone fine arts and valuable articles policies. The new program offers tailored products and services for personal and commercial fine art and floater risks.
Big "I" Agent Testifies Before Congress on Federal Crop Insurance Program
WASHINGTON, D.C., July 22, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") testified today before the U.S. House of Representatives Committee on Agriculture Subcommittee on General Farm Commodities and Risk Management in a hearing regarding the current state of the federal crop insurance program.
Big "I" Comments on President Signing Financial Services Reform Bill into Law
WASHINGTON, D.C., July 21, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today commented on President Barack Obama's signing of the "Dodd-Frank Wall Street Reform and Consumer Protection Act" into law. The new law makes significant changes to financial services regulation and was drafted in response to the recent financial crisis.
"De-Mystifying Agency Valuation" Webinar
ALEXANDRIA, Va., July 20, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today announced that the Big "I" Virtual University will present a webinar on "De-Mystifying Agency Valuation" Aug. 5, 2010 from 1:30 p.m. to 3 p.m. EST.
Big "I" Agent to Testify Before Congress on Federal Crop Insurance Program
WASHINGTON, D.C., July 15, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today announced that John F. Dalton, president of Midwest Insurance Associates LLC and the Agri-Land Insurance Agency in Council Bluffs, Iowa and Big "I" Crop Insurance Task Force member, has been invited to testify before Congress in a hearing "to review the state of crop insurance industry."
House Passes National Flood Insurance Program Extension Bill
WASHINGTON, D.C., July 15, 2010 - The Independent Insurance Agents & Brokers of America (the Big "I") today commended the U.S. House of Representatives for passing H.R. 5114, the "Flood Insurance Reform Priorities Act of 2010," which extends the program for five years and includes needed reforms to the NFIP that the Big "I" supports.
Big "I" Supports Estate Tax Relief Legislative Effort
WASHINGTON, D.C., July 14, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I"), today commended United States Senators Jon Kyl (R-Ariz.) and Blanche Lincoln (D-Ark.) for introducing an amendment to H.R. 5297, the "Small Business Lending Fund Act of 2010," that would permanently reform the federal estate tax.
Big "I" Comments on Final Standard Reinsurance Agreement on Federal Crop Insurance Program
WASHINGTON, D.C., June 30, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today commented on the Risk Management Agency's (RMA) final version of the Standard Reinsurance Agreement (SRA) which determines the terms and conditions for the Administrative and Operating (A&O) reimbursements and underwriting gains for crop insurance companies.
Big "I" Comments on House Passage of Dodd-Frank Conference Report
WASHINGTON, D.C., June 30, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today commented on the U.S. House of Representative's passage of the "Dodd-Frank Wall Street Reform and Consumer Protection Act" conference report to reform financial services regulation. The legislation was drafted in response to the recent financial crisis.
Summer Parties and Gatherings Near Water Present Risks
ALEXANDRIA, Va., June 29, 2010 - An estimated 32 million people across the U.S. plan to host parties or gatherings near water this summer, according to new research by Trusted Choice® and the Independent Insurance Agents & Brokers of America (the Big "I"), yet they may not be aware of all the risks or prepared in case of an accident.
House Passes Temporary Extension of National Flood Insurance Program
WASHINGTON, D.C., June 23, 2010 - The Independent Insurance Agents & Brokers of America (the Big "I") today commented on the U.S. House of Representative's passage of H.R. 5569, the "National Flood Insurance Program Extension Act of 2010," sponsored by Rep. Maxine Waters (D-Calif.) and Rep. Walter Jones (R-N.C.), which extends the currently expired National Flood Insurance Program (NFIP) until Sept. 30, 2010.
Big "I" Comments on Financial Services Conference Negotiation Developments
WASHINGTON, D.C., June 23, 2010 - Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today issued the following statement regarding developments in the Senate and House reconciling of S. 3217, the "Restoring American Financial Stability Act," and H.R. 4173, the "Wall Street Reform and Consumer Protection Act of 2009," their respective financial services regulatory reform bills through the conference committee process.
Big "I" Comments on Financial Services Conference Negotiation Developments
WASHINGTON, D.C., June 16, 2010 - Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today issued the following statement regarding developments in the conference committee negotiations of the financial services regulatory reform bill.
InVEST Awards 58 Academic Student Scholarships
ALEXANDRIA, Va., June 15, 2010 - InVEST, the insurance industry's premier classroom to career education program, has awarded $56,500 in scholarships to 58 college-bound students pursuing insurance-related degrees.
Big "I" Calls for Fair Crop Insurance Program Reform
WASHINGTON, D.C., June 15, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") commented on the Risk Management Agency's (RMA) third and final draft of the Standard Reinsurance Agreement (SRA) which determines the terms and conditions for the Administrative and Operating (A&O) reimbursements and underwriting gains for crop insurance companies.
InVEST Introduces New Board Member
ALEXANDRIA, Va., June 10, 2010 - InVEST, the insurance industry's premier classroom to career education program, recently appointed Courtney Abraham, The Hanover Insurance Group assistant vice president of human resources, to its national board.
Big "I" Sends Letter to Congress Calling for Long-Term Extension of National Flood Insurance Program
WASHINGTON, D.C., June 10, 2010 - In its continuing efforts to advocate for an immediate reauthorization of the expired program, as well as a long-term extension, yesterday the Independent Insurance Agents & Brokers of America (IIABA or the Big "I") sent a pointed letter to the leadership of the United State Congress urging "Congress to immediately pass a reauthorization of the NFIP with retroactivity to June 1, 2010."
Big "I" Markets Introduces Pollution/Environmental Product
ALEXANDRIA, Va., June 9, 2010 - The Independent Insurance Agents & Brokers of America Big "I" Markets program today announced a partnership with the American Risk Management Resources Network, LLC (ARMR.NET) to provide Big "I" members access to the environmental insurance market place plus world class subject matter expertise in environmental risk management.
Lloyd's of London Joins Retail Agent E&S Initiative
ALEXANDRIA, Va., June 8, 2010 - The Retail Agent E&S Initiative (a collaboration of the Independent Agents & Brokers of America's Agents Council for Technology (ACT), the American Association of Managing General Agents (AAMGA), the National Association of Professional Surplus Lines Offices (NAPSLO) and the Association for Cooperative Operations Research and Development (ACORD)) today announced that Lloyd's of London has joined the group.
Texas Agency Awarded Trusted Choice® Agency of the Month
ALEXANDRIA, Va., June 7, 2010 - The Hill County Insurance Agency, located in Hillsboro, Texas, has been named the Trusted Choice® Agency of the Month by Trusted Choice®, the consumer branding program for independent insurance agents and brokers.
National Flood Insurance Program Expired at Midnight: Today is Opening Day of Hurricane Season
WASHINGTON, D.C., June 1, 2010 - The Independent Insurance Agents & Brokers of America (the Big "I") today commented on the most recent expiration of the National Flood Insurance Program (NFIP), which expired at 12:01 a.m. today after Congress left town for Memorial Day recess without acting on legislation that would extend the program.
Many Americans Not Fully Prepared for Natural Disasters
ALEXANDRIA, Va., May 24, 2010 - Most Americans are not fully prepared in the event of a natural disaster, according to a new national survey by Trusted Choice® and the Independent Insurance Agents & Brokers of America (the Big "I").
Big "I" Applauds Senate Legislation for Recognizing Strong State Insurance Regulation
WASHINGTON, D.C., May 21, 2010 - The Independent Insurance Agents & Brokers of America (IIABA or the Big "I") today commented on the U.S. Senate's passage of S. 3217, the "Restoring America's Financial Stability Act." The legislation is meant to address the issues that caused the recent financial crisis. The Big "I" has long supported improving financial services regulation to prevent systemic risk, protect consumers and promote market efficiency.
ACT to Host Free Webinar on Using the Social Web Successfully as an Independent Agent
ALEXANDRIA, Va., May 17, 2010 - The Independent Agents & Brokers of America's Agents Council for Technology (ACT) will host a free webinar titled "Successful Agency Techniques to Build, Integrate and Manage your Blog, Facebook, Twitter and YouTube," on Thursday, June 3 from 2:00 to 3:00 p.m. EDT.
InVEST Program Presents Dach Award to Florida Agent
ALEXANDRIA, Va., May 13, 2010 - The InVEST program awarded Lindsey Shank, CIC, with the Dach Award. The Dach Award honors an insurance industry volunteer who has made tremendous contributions in fostering the growth and development of InVEST.
Big "I" and InVEST Participate in Financial Literacy Day on Capitol Hill
ALEXANDRIA, Va., May 7, 2010 - InVEST, the insurance industry's premier classroom to career education program, recently participated in Financial Literacy Day on Capitol Hill.
Big "I" to Host 10th Free Webinar on Agency E-Mail Security
ALEXANDRIA, Va., May 3, 2010 - The Independent Agents & Brokers of America's Agents Council for Technology (ACT) will host a free webinar titled "Protecting Independent Agent Clients with Secure E-mail Using TLS (Transport Layer Security)," on Thursday, May 13 from 2:00 to 3:00 p.m. EDT.
ACT to Host Free Webinar on How Social Networking Impacts Agency E&O
ALEXANDRIA, Va., April 29, 2010 - The Independent Agents & Brokers of America's Agents Council for Technology (ACT) will host a free webinar titled "Agency E&O Considerations when Social Networking," on Thursday, May 20 from 2:00 to 3:00 p.m. EDT.
Big "I" Applauds Committee for Passing Long Term Flood Insurance Extension
WASHINGTON, D.C., April 27, 2010 - The Independent Insurance Agents & Brokers of America (the Big "I") applauds the U.S. House of Representatives Committee on Financial Services Committee for passing H.R. 5114, the "Flood Insurance Reform Priorities Act of 2010."
Big "I" Submits Congressional Testimony Regarding National Flood Insurance Program
WASHINGTON, D.C., April 21, 2010 - The Independent Insurance Agents & Brokers of America (the Big "I") today submitted official testimony to the U.S. House of Representatives Committee on Financial Services Subcommittee on Housing and Community Opportunity hearing titled, "Legislative Proposals to Reform the National Flood Insurance Program."
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