This post is part of a series sponsored by IAT Insurance Group.

To foster a diverse workforce with unique perspectives, purposeful diversity, equity and inclusion, (DEI) strategies must be implemented. When backed by transparency, focused recruitment to ensure large, diverse applicant pools, and retention efforts, it is possible to build an inclusive and engaging company culture, regardless of the industry.

And yet striving for a culture of DEI in the insurance industry may be easier said than done. Because the insurance industry is typically known as a white, male-dominated field, and recruiting and retention is harder when diverse candidates don’t see themselves reflected in the industry, change can be harder. But it doesn’t have to be.

Here are 5 best practices for increasing and elevating success in DEI recruitment and retention across the insurance industry:

1. Assess your business as it relates to DEI. Take time to assess any gaps

This post is part of a series sponsored by IAT Insurance Group.

The California Air Resources Board (CARB) is doing all they can to reduce emissions.

From moving and storage vehicles to buses, freight trucks and even agribusiness vehicles previously not required to comply, the CARB regulations require engines in heavy-duty vehicles to be upgraded or retrofitted. Regardless of where the vehicle is registered, all carriers hauling freight in California are required to comply.

Combine this with the lifting of Assembly Bill 5,^[1] which changed the definition of who is considered an independent contractor (IC), and there’s even more pressure being put on an already taxed industry in California.

What you need to know based on your vehicle size

Complying with these new mandates depends on your vehicle’s Engine Model Year (EMY) and the truck’s Gross Vehicle Weight Rating (GVWR). The chart below breaks down requirement deadlines to

This post is part of a series sponsored by AgentSync.

Broker licensing, long a complicated subject, has been thrust into the spotlight here on the AgentSync blog once more as North Carolina drops its broker-specific licensing.

In many ways, North Carolina’s change will bring about more consistency between states when it comes to broker licensing. However, broker licensing is so nuanced even state to state that “more consistency” only goes about as far as you can throw it.

Before you go all-in on our content, please keep in mind: We’re not your compliance department. This isn’t legal advice. If you need legal advice, please consult an attorney. Otherwise, enjoy our cute and slightly snarktastic blog for its informative aspects.

Broad variation in broker licensing across states

Broker licensing is a source of consternation for those who like consistency and clarity in the insurance industry. To be clear, in this case,

This post is part of a series sponsored by AgentSync.

Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a package of regulatory overhauls and an unprecedented move for state-backed reinsurance, it remains to be seen whether the reforms can plug the holes of Florida’s beleaguered system.

General struggles in P&C across the country

As climate change increases the number and severity of natural disasters and their accompanying damages, states particularly vulnerable to drought or floods have struggled to maintain coverage options for homeowners.

California has stop-gap measures enabling the insurance commissioner to put a moratorium on home insurance cancellations in disaster areas. In the wake of Hurricane Katrina, the biggest insurers pulled out of homeowners insurance in Louisiana. That state now maintains its P&C market through smaller, more localized insurers, which the state tailors its

This post is part of a series sponsored by AgentSync.

While the pandemic cooled off mergers and acquisitions activity in the insurance market, all signs point to a hot M&A market in the next year. If you’re in the position of evaluating (or being evaluated!) for an M&A fit, don’t leave compliance controls out of the mix.

At AgentSync, we’re not lawyers or accountants, so we aren’t planning to address the legalities or finances of insurance M&A activity in any depth. However, we are compliance junkies. And, to that end, we’re here to talk about where license compliance fits in your insurance M&A due diligence process (and the short answer is everywhere, it fits everywhere).

Priorities in M&A valuations

Most M&A due diligence lists have 10 to 20 key areas to investigate both for the purposes of assessing a business’s fair market value and for determining a best fit for