NEWS: Big I Provides Update on FTC Non-Compete Ruling
Nathan Riedel, Big I Senior Vice President of Federal Government Affairs, and Wes Bissett, Big I Senior Vice President of Government Affairs and State Relations, have jointly released a video to all members of the Big I on the recent Federal Trade Commission (FTC) ruling to ban non-compete agreements nationwide.
NEWS: Federal Housing Finance Authority Proposes Unrealistic Insurance Requirement for Mortgages
Big I Illinois and IIABA (Big I) recently became aware of a proposed new insurance requirement for federally backed home loans. The guidance provided that consumers had to insure the homes on a replacement cost value, and ACV or scheduled coverage would not be acceptable, effective June 1, 2024.
Big I Board Adopts Hard Market Policy Statement
The Big I Board of Directors has adopted a policy statement on agent compensation and appointments in the current hard insurance market. The statement is intended for all insurance industry stakeholders and emphasizes the critical and unique role that independent agents and brokers play in the insurance marketplace.
Big I Illinois Associate Members
Big I Illinois Associate Membership provides carriers and allied businesses the opportunity to demonstrate their support of the independent agency system. These organizations realize the benefits of membership and are maximizing their marketing exposure through association sponsorship.