Steven A. Morelli is a contributing editor for InsuranceNewsNet. He has more than 25 years of experience as a reporter and editor for newspapers and magazines. He was also vice president of communications for an insurance agents’ association. Steve can be reached at [email protected].
Emotional intelligence is where “80% of you success lives,” according to Jamar Cobb-Dennard, a business broker at Indiana Business Advisors, who spoke about racial bias in the workplace in a webinar for the National African-American Insurance Association.
Although most people working remotely hope to continue doing so after the pandemic, many of them are already starting to feel some of the ill effects from working from home, according to a Chubb survey.
The Department of Labor issued its new fiduciary rule one workday after a federal court upheld the Securities and Exchange Commission’s Regulation Best Interest standard, which the DOL rule was designed to harmonize with.
A webinar presented by the National African American Insurance Association explores how individuals and companies can go beyond the promises and bring on real change .
A Federal Reserve bank president says the economy is on its way back up. In the meantime, an economists’ report showed that the bounce has not yet begun.
Like most financial advisors now, Robert DeHollander knows that it is not enough to counsel just waiting out the storm…
Fixed-rate deferred and indexed annuity sales spiked in March as consumers flocked to safety. But the quarter was still a downer overall because of low sales in January and February.
A majority of consumers are interested in increasing or buying life insurance, particularly younger people, according to a survey. But almost all of them do not want to go to an office for it these days.
So, you’re Zooming and using all sorts of tools to work remotely. Well, that’s kind of the problem. A fixable problem. Here are some tips for a safe and protected home office setup.
Marketing is essential for advisors to get their message out, but it is also essential that the message matches the tenor of our times. Here are five risks to watch out for during the COVID-19 pandemic.
Market downturns can create annuity sales opportunities, but agents and advisors need to be taking steps to protect and prepare themselves because history will look back on how advisors and the industry conducted business during the crisis.
As the bond market gyrates, annuity companies are struggling to set stable rates for products.
As equities markets plummet, analysts expect fixed annuity sales to pick up, as they did after the 2008 crash. But some key differences might suppress indexed products.
Companies are already cutting annuity rates. Premium bonuses and agent commissions might be next, says annuity analyst Sheryl Moore.
Some advisors sent preeemptive messages, but they didn’t calm everybody. Advisor messages focused on the long view, but some clients were looking at the long view down.
The Dow Jones average plummeted again this morning pushing it into correction if it does not recover before close.
The coronavirus’ illness, COVID-19, is not nasty enough to be spotted easily but latent enough to spread wide before anyone even knows it has arrived.
Although the economy may seem strong, it is not reaching poor communities, where the cycle of debt is pulling generations under poverty, according to a report.
LIMRA is realigning in response to a rapidly changing insurance environment. The association found that its members needed more tools to be efficient in their services and better informed in their product development. LIMRA has already introduced new platforms to help companies in this challenging market.
Asking clients or prospects about ridesharing can open the door to a conversation about adequate auto coverage. Rideshare drivers might know personal-use auto insurance will not cover liability for commercial use unless the policy has a ridesharing endorsement. But they might not know about the gray areas where coverage gets questionable.
