National Legislative Update: Ban on Noncompete Agreements Dealt Significant Blow
Two lawsuits seek to block the Federal Trade Commission (FTC) ban on noncompete agreements from taking effect
Within hours of the Federal Trade Commission (FTC) issuing its ban on noncompete agreements in April, two plaintiffs—Ryan LLC and ATS Tree Services LLC—filed lawsuits in the U.S. District Courts for the Northern District of Texas and the Eastern District of Pennsylvania, respectively. Both suits seek to block the rule from taking effect as scheduled on Sept. 4, arguing that the FTC has overstepped its statutory authority. An initial ruling in the case of Ryan LLC v. Federal Trade Commission partially blocked the rule by granting a preliminary injunction. The injunction is limited to the plaintiffs and does not extend to their members or beyond. However, in delivering this ruling, the judge signaled that the plaintiffs are likely to succeed in their challenge, which will be decided on or before Aug. 30. The anticipated decision could include a nationwide permanent injunction preventing enforcement of the new FTC rule. (+ More...)
See also: South Carolina Legislative Session Summary
Annual convention registration opens Aug. 1 for ALL ATTENDEES
To be held Oct. 13-15 at the Westin Resort & Spa in Hilton Head Island, SC
Registration to this year's annual convention (Oct. 13–15 at the Westin Resort & Spa in Hilton Head Island, SC) opens NEXT WEEK on Aug. 1 for all attendees. It is currently open for agents and Palmetto Partner attendees. This year's event features exhibit hall and keynote discussing how AI will and won't change the workforce. Hotel block and special agent discounts expire Sept. 6. Pre-registration closes Sept. 27. (+ More...)
COMING NEXT MONTH: CIC Agency Management Institute
To be held Aug. 14-15 in Charleston, SC
Fulfill your Ethics CE requirements at the upcoming CIC Agency Management Institute to be held Aug. 14-15 at Hyatt Place/Hyatt House in the Historic District of Charleston, SC. how to apply the management theories, methods, and procedures necessary to operate a successful insurance agency. Topics covered include strategic planning, talent acquisition and development, client retention and acquisition, technology utilization and ethical responsibility. Remember that CIC exams are taken online not in class but during the "exam window" the week following the institute (so you will have more opportunity to leave your hotel room during your stay). (+ More...)
CHARLESTON YOUNG AGENTS: FREE Local Networking Event Aug. 15
FREE Happy Hour coming next month at Tradesman Brewing Co. in Charleston
ATTENTION CHARLESTON-AREA YOUNG AGENTS: Join other IIABSC Young Agents in your area for a networking happy hour on Aug. 15 at Tradesman Brewing Co. (1647 King Street Ext.) in Charleston. This event is FREE to all agents who register in advance. Plan to join us after work starting at 5:00 pm for some food, drinks and good times with fellow Big "I" agents and event sponsors. Young agents will have the opportunity to meet SC Young Agent Committee Leaders in your area and will be automatically entered for a chance to win a free registration to the 2025 Young Agents Conference (next summer). All other agents in attendance will be entered to win $50 Amazon Gift Cards. SPECIAL THANKS TO EVENT SPONSORS: Johnson & Johnson, RPS Specialty Lines and iSurity. Sponsorship opportunities still available. (+ More...)
VIRTUAL PRE-LICENSING COURSE: 90% First Time Pass Ratio on P&C Exam
Course starts Sept. 30, register by Sept. 20
IIABSC offers a quarterly live virtual pre-licensing training for the P&C Producer exam. The first-time pass ratio for our training is currently running at 90 percent. Taught by Big I Senior VP Becky McCormack, this course will prepare your new employee to take the Property, Casualty, Surety & Marine state exam from the convenience of your office. Class meets Monday - Friday 8:30am - 12:30 pm for two weeks. Study sessions are added every three days and a final study session at the end. Next class runs Sept. 30 to Oct. 11, but the last day to register is Sept. 20. (+ More...)
See also: Let IIABSC license and train your new CSRs - InsurAcademy summer session starts Sept. 30
Read the latest edition of SC Agent & Broker magazine
Summer 2024 edition
The latest edition of SC Agent & Broker magazine is hitting mailboxes, but you can also read it online. Our summer edition spotlights the upcoming annual convention in Hilton Head, SC, photo recaps of Spring Conference, Young Agents Scholarship Golf Tournament and EmpowerHer Women's Conference as well as articles on sources of potential employee recruitment, inclusive hiring and employment practices liability insurance. (+ More...)
Last chance to pre-register for Young Agents Conference this summer
To be held Aug. 8-10 in Savannah, Ga., sponsorship opportunities available
Pre-registration closes this Friday for this summer's Young Agents Conference to be held Aug. 8–10 at The DeSoto Hotel in Savannah, Ga. This conference focuses on the professional development of the up-and-coming insurance agents within the state with a great mix of business, fun and minimal time away from the office. Features sessions on thriving in the hard market, agency best practices and using AI in the agency. Many great sponsorship opportunities remaining. Onsite registration will be available. (+ More...)
See also: Help Young Agents reach their Trusted Choice GIVE MOVEMENT fundraising goal - special thanks to TOP GIVERS
Nominate the 2024 Agent/Young Agent/ Industry Person of the Year
Convention awards nominations deadline Aug. 16
Our awards banquet is a highlight of the annual convention, as important industry contributors are recognized. Here is your chance to nominate the next recipients of the Hayne P. Glover Jr. Agent of the Year, Young Agent of the Year and Industry Person of the Year awards. Recipients are nominated by other members and will be awarded at this year's annual convention to be held Oct. 13-15 at the Westin Resort & Spa on Hilton Head Island, SC. Agenda details and registration to be announced in mid-July. Awards nomination deadline is Aug. 16. (+ More...)
NEXT MONTH: 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 August. 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 SUMMERSALE before Aug. 31
Use discount code "SUMMERSALE" at checkout for 25 percent off our entire ABEN catalog at iiabsc.aben.tv. Cannot be applied to any already discounted bundles. Courses are available live or on-demand and can be browsed by category or by broadcast date. Expires Aug. 31. (+ More...)
See also: New E&O ABEN course now available - Policy Analysis - Reading, Interpreting and Understanding Insurance Contracts
Use My Agency Campus discount code for 20% off
Enter code NewHire at checkout
Use discount code "NewHire" at checkout for 20 percent off any My Agency Campus course and/or training packages. My Agency Campus provides interactive and engaging courses for insurance coverage training and other business skills for new employees and emerging leaders. Once purchased, participants have four months to complete on-demand curriculum with the ability to provide weekly updates and transcript reports to their supervisor. (+ More...)