TRUSTED CHOICE STUDY: Nearly 70 percent of American consumers are reviewing their insurance policies
New survey from Trusted Choice reveals consumer uncertainty, recent behavior on insurance coverage
Trusted Choice released the results of a recently conducted survey that found an overwhelming 69.3% of Americans have put their insurance policies under review, with nearly half (45.8%) citing rising premiums as the catalyst. The survey also found that one-third of Americans are unaware of the external economic factors that affect insurance rates. 

As premiums increase, Americans are reviewing their insurance policies and evaluating their options. As many as 46% of Americans have considered or have already taken a higher deductible to save money on insurance while 22% have considered going uninsured to save money. Also, a majority (83%) would switch insurance providers for lower premiums, while 59% would switch for better coverage.

The study was conducted as the first piece of a larger consumer-facing campaign to elevate awareness of Trusted Choice independent agents in the consumer marketplace.   (+ More...)

See also:  Trusted Choice Insights on Consumer Insurance Uncertainly & Behavior Visual Narrative

Reminders on ACORD license renewals
IIABSC members receive complimentary ACORD forms EUL, renews annually
Most Big I memberships include complimentary ACORD form end-user licensing (those with a group gross revenue of under $50 million using an agency management system). The ACORD licensing renewal and Big I membership verification need to be renewed on an annual basis, after Jan. 1 of each year. Read our state and national FAQs and information pages to learn more.    (+ More...)

Welcome New members
Agency members

Libardi Service Agency Inc
Charleston

Let IIABSC license and train your new CSRs
InsurAcademy is a comprehensive training program to make your new hires “job ready” for a Customer Service Representative position. The training is provided in a live virtual format and includes both pre-licensing preparation and skills training. In just six short weeks, your new hire can be licensed and ready to be a productive member of your staff. Training is provided in a half-day format to make it more manageable for the students and provide them with the opportunity to apply what they learn each day in class. At the completion of InsurAcademy, the student also receives a 12 month professional development plan. InsurAcademy will be offered quarterly beginning in 2024, however class size is limited in order to provide personalized instruction. Registration for the February session is open now.    (+ More...)

COMING SOON: Commercial Agent Training (CAT) classroom/virtual hybrid series
Build a strong foundation in commercial lines insurance coverages
The popular IIABSC Commercial Agent Training School (CAT) returns to the classroom in Columbia AND virtually this February. This course was developed to provide comprehensive training for agents in all the major areas of commercial lines. It is perfect for new employees or those who just want a refresher course in commercial lines coverages. The CAT series helps agents build a strong foundation in commercial lines insurance coverages. Participants attend one class a week for three weeks. At the completion of all three days, participants receive a Series Certificate of Completion. Each class could stand alone if you don’t want to attend all three days.    (+ More...)

Use ABEN discount code for 25 % off
Use code Winter25% before Feb. 29
Use discount code "Winter25%" at checkout for 25 percent off our entire ABEN catalog at iiabsc.aben.tv. Courses are available live or on-demand and can be browsed by category or by broadcast date. Expires Feb. 29.    (+ More...)

RLI Personal Umbrella Policy: Coverage for Any Season
Holiday travel season means increased auto risk
Holiday travel season means increased risk just by the sheer volume of cars on the road as well as the potential for speeding, distracted driving and impaired drivers. Existing auto insurance may not be enough to cover the fallout from accidents, including potential medical expenses and catastrophic lawsuits stemming from uninsured/underinsured motorists. Talk to your customers about how an RLI Personal Umbrella policy would substantially increase liability protection beyond the basic coverage provided under both auto and homeowners insurance policies.   (+ More...)

IIABSC 2024 dues renewal info
How to retrieve your dues invoice from our Member InfoHub
IIABSC member renewals for both agencies and corporate associates have been sent by email to the membership billing contact on record. Dues invoices can also be retrieved by anyone with the proper permissions using our Member InfoHub. 

Payment is due Jan. 1, and cancellations for nonpayment begins Jan. 30.  

Agencies may pay by mailing a check, and they also have the option to pay online by credit card or bank draft, set up an automatic payment profile or switch to equal monthly payments. No action is required by members who are already on monthly draft as their membership renews automatically. 

Corporate associate members have the option to mail a check or pay online by credit card or bank draft. If they are interested in exhibiting or sponsoring events in 2024, they should also consider joining the Palmetto Partners program, which is also now accepting new members and renewals.

Please contact Member Services Director Megan Thomas if you are having trouble accessing your organization's dues invoice or updates are needed. Please also consider using dues renewals time to make a tax-deductible contribution to the IIABSC Foundation.   (+ More...)

Pledge to join 2024 Palmetto Partners
Support the association year-round and receive special benefits; pledge deadline Dec. 30
IIABSC has released the full pledge packet and is now accepting pledges to next year's Palmetto Partners program, which was created for those supporting our association's events on an ongoing basis. It guarantees high-profile exposure to agency members and other benefits. There are six levels of participation in order to work with every budget. Pledge deadline is Dec. 30; payment deadline is Jan. 30. Download full information packet or fillable pledge forms from our Partners webpage.   (+ More...)

IIABSC Foundation Scholarship 2024 application now available
Contribute to IIABSC Foundation, scholarship application deadline Jan. 17
IIABSC Foundation's scholarship program exclusively for students whose parents work for IIABSC member agencies is now accepting applications for 2024 awards. Scholarships will be $2,000 each for one year. Up to seven scholarships will be awarded, and recipients are eligible to reapply in future years. Application and full eligibility guidelines are available on our IIABSC Foundation webpage. Please also consider a tax-deductible donation to our Foundation to support the charitable, educational, public safety and scientific endeavors supporting the industry in our state.  (+ More...)

Apply now for CIC Scholarship
Covers one full institute registration, deadline March 1, 2024
IIABSC is accepting member applications for a CIC Scholarship that covers the registration fee of one SC classroom or LIVE webinar institute held in 2024. Any licensed member agent or broker pursuing their CIC designation with a minimum of two years' full time experience in the industry is eligible. Application deadline March 1, 2024.    (+ More...)

See also: 2024 Education Calendar now available online