In this week's Big I Buzz, we have news about the success of the WEDC "We're All In" small business grants that the IIAW assisted eligible members with obtaining, IIABA's new Agency Cyber Guide 3.0 from ACT and a new report shows that the average age of cars Americans drive is about 12 years.

WEDC "We're All In" Small Business Grant

The WEDC Reviewed more than 30,500 applications for the 'We're All In' grants for small  businesses. The IIAW assisted hundreds of Wisconsin insurance agencies in obtaining this grant. 

 ACT Releases Agency Cyber Guide 3.0

Handling sensitive information is now one of the most critical responsibilities faced by the modern insurance agency. Independent insurance agents and brokers must properly collect and protect sensitive client information every day. This means complying with state and federal regulations as well as adhering to customer service best practice standards, and compliance with Data Privacy Laws as mandated in all Agency/Company contracts. 

 Average Age of Cars Americans Are Driving Nears 12 Years: IHS Markit

Americans are hanging on to their cars and trucks longer, pushing the average age of vehicles on the road to the highest level in nearly 20 years even before the coronavirus hit, according to new data from IHS Markit Ltd. That is not good for emissions or safety, but t could give a lift to companies that manufacture and sell repair parts.  

For more news, check out the Action News section of our weekly e-newsletter Big I Buzz. If you aren't subscribed, click here to add your email to our emailing list. We hope that everyone has a great rest of their week! 

Read the July 29 edition of the Big I Buzz Here