Issue #241 - 8.31.2023

Arizona Big I's National ABEN Day! October 25, 2023 - 8am-2pm

We are very excited to offer the 3rd Annual National ABEN Day event! This year's theme is a hot topic -Beyond the Headlines - True Insurance Horror Stories

5 hours of FREE CE for IIABAZ Members will include 3 different courses - you may join us for 1, 2 or all 3 of these sessions!

Check It Out and Register

New Flood Maps for Munds Park Area in Coconino County

New updated, digital flood hazard maps for the Munds Park area in Coconino County are available for public review and comment. Residents and business owners can use the maps to obtain reliable information about their current flood risk and guide construction and flood insurance decisions. Information about the mapping project and how to view the preliminary maps can be found at www.coconino.az.gov/3141/Munds-Park.

CCFCD is holding a virtual industry stakeholder meeting on the mapping project, where map changes are occurring, their potential effects on building and flood insurance requirements, and resources. No registration is required.

Join Munds Park Mapping Project Industry Stakeholder Meeting

September 5, 2023 | 1:30-2:30pm

Meeting ID: 850 6474 6121

Passcode: 900805  

One tap mobile: +12532158782,,85064746121#,,,,*900805#

An in-person flood risk open house for the public has been scheduled for September 18, 5:30-7:30pm and a virtual open house to be held online September 13, 6:30-8:00. More details can be found at www.coconino.az.gov/3143/Munds-Park-Flood-Risk-Open-House-Date.

12 Tips for Selling in a Hard Market

Many people in the P&C industry, particularly agency CSR's and a number of producers have not yet had the pleasure of experiencing a hard market. It's been about 15 years since we last had a significant hardening of prices. A hard market presents a number of selling problems. On the other hand, it also presents opportunities. Below are 12 tips that might improve your sales results in the hard (or any) market. Read More

How Reinsurance Rates Are Contributing to the Hard Market

After more than a decade of soft reinsurance rates, conditions changed considerably, with reinsurance rates increasing for catastrophe-prone property and specialty lines of business. Learn More

P&C Market to Remain Unprofitable Until 2025

Poor personal lines underwriting performance is the key driver for deteriorating results, with a personal auto combined ratio forecast of 109.5 for 2023. Learn More

Coalition Cyber Webinar Series

Please join Big "I" Markets and Coalition for a live webinar on September 20th for information and resources to help build your cyber insurance sales advantage. Cyber risk is complex and cyber insurance has continuously evolved to help protect businesses of all shapes and sizes. Because of the dynamic cyber risk landscape and cyber insurance market this can present challenges when presenting cyber insurance to clients. 

QuoteItNow Makes Quoting Easy

Selective's self-service flood quoting tool, QuoteItNow, allows you to maintain your personal touch with our mutual customers while empowering them to start the flood quote process at their convenience—giving you more time to focus on building relationships. Learn More

Big I Releases 2023 Market Share Report

The National Market Share report can help users understand the current insurance marketplace and opportunities and understand the evolving areas, review historical changes and verify assumptions. The 2023 report is based on 2022 data. FREE for Big I members. Download the Report