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Industry News

Community Flood Coverage 
Joining the NFIP has its benefits, but what happens when a community doesn’t participate?
Flooding across six states in the Midwest has damaged thousands of homes and businesses, leaving many insureds struggling to clean up the mess and area agents inundated with claims and questions from customers ---and not everyone has flood protection. As the clean up from what some are calling a 500-year flood event begins, some communities affected by this month’s floods are suffering more than others because they didn’t take advantage of the National Flood Insurance Program. Learn more...

BIG "I" News

Big "I" Commends House Committee for Action on Building Code Legislation     
Moore bill will help communities institute stronger building codes. The Independent Insurance Agents & Brokers of America (the Big “I”) applauds House Financial Services Chairman Barney Frank (D-Mass.) and other members of the Committee for approving the Community Building Code Administration Grant Act of 2008, designed to encourage communities to establish and enforce strong building codes by offering federal grants. Learn more...

For the Consumer

Consumers Can Minimize Homeowners Insurance Non-Renewals, Rate Increases
A new national survey by Trusted Choice® and The Independent Insurance Agents & Brokers of America (the Big "I") found that nearly 3.0 million households have lost their homeowners coverage since 2003. Despite the aftermath of Hurricane Katrina, most homeowners have done nothing to structurally reinforce their home to protect against a natural disaster. 
Full story.

BIG "I" Spotlight

Trusted Choice Disaster Relief Fund
Help Agents Affected by Midwest Flooding
If you’re interested in helping provide assistance to those affected by flooding in the Midwest, donate to the Trusted Choice® Relief Fund. The Fund, established to assist those who have suffered losses due to natural or man-made disasters, is seeking donations to help IIABA members, their agency staffs and others aid victims of the recent floods.

Assistance is provided through cash grants to pay for: immediate or ongoing financial needs when other funding sources (such as insurance and other grants) are not available; to fill the gap until other funding sources can be accessed and to provide insurance agents with supplies and resources to help in disaster relief efforts for victims. Because the intent of the fund is to provide assistance to deserving applicants, the fund paid out virtually all available money following Hurricane Katrina and is in need of more funding in order to be able to award grants. Please consider making a contribution Today!

The foundation is a 501(c)(3) entity and contributions are tax deductible to the extent permitted by law and no fees are deducted from contributions to the fund for staff time to manage and facilitate distributions from it.