Insurance Bulletin
Number 2021-7
Auto Body Labor Rate Survey Reports
2021 Prevailing Labor Rates
5 Key Behaviors of Great Agency Owners
There is an incredible opportunity in the insurance industry for someone who wishes to own their own business. With over half of the agency owners facing retirement in the next 5-10 years, a strong desire by many agency owners to remain independent, and the goal to offer the same opportunity to the next generation that their agency provided to them - there is no better time for future owners. 
New Webinar Opportunity: Insurance Agency Standard of Care
The Big “I" Professional Liability Risk Management team invites Big “I" members to attend a complimentary new webinar, “Insurance Agency Standard of Care - Do You Have a Duty to Advise?"

Change is a constant—and that includes insurance agents' legal standard of care and duty to advise. Join Big “I" Professional Liability and Swiss Re Corporate Solutions for an insightful webinar presentation designed to help you understand the nuances of this important topic.

The panelists are Myles Hassett, founder partner of Hassett Glasser P.C.; Donna Asta, claims expert at Swiss Re Corporate Solutions; and Richard Lund, U.S. agents risk management coordinator at Swiss Re Corporate Solutions.

The session will provide a fresh look at agents' legal duties as they vary from state to state.
Three sessions will be offered. All sessions contain the same content. All Big “I" members and staff are welcome and encouraged to participate. Register now: 


Learn more about agency risk management and review articles, claims data, and more resources at E&O Happens.
Help our PACs!
Consider donating to our PACs to continue to get our voices heard on Smith Hill and in Washington.

IIARI members are called upon to invest in their future by contributing to two funds, one for the state of Rhode Island and one for federal action. When you donate to one or both of our political action committees, you know you're helping support the very people who are working to ensure your ease of doing business.
Upcoming December Classes
Digital Extras
Help Clients Prepare Their Boats for Extreme Weather Events

The past year has been significant for the boating world. While the need for social distancing grew, so too did the interest in outdoor recreational activities, such as fishing, watersports and boating.

Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums

Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose 8.9% in the third quarter, cyber premiums increased 27,6%

A 5-point back-to-basics guide to networking in a hybrid world

Feeling a little rusty but looking to put yourself out there after nearly two years of pandemic lockdowns? Here’s some advice from an exec who networks for a living.




Thanks to our Diamond sponsor -
The Beacon Mutual Insurance Company.
Do you have some agency news to share? Please send agency news and changes to tdrowne@iiari.com. We'd love to hear from you.
IIARI | www.iiari.com