Here are tips for policyholders when faced with business interruption losses and the need to prepare an insurance claim.
How to run the perfect virtual client meeting
COVID-19 changed the way we all do business. We are no longer guaranteed face-to-face meetings with potential clients and business partners. Our session will teach you how to master the virtual client meeting and what advantages online meetings might have for your practice.
Study targeting young insurance workers finds job commitment
A recent study among 1,000 young insurance professionals found that 92% see themselves remaining at their current insurance job for…
New York State Superintendent of Financial Services Adrienne A. Harris announced that EyeMed Vision Care will pay a $4.5 million penalty to New York State for violations of DFS’s Cybersecurity Regulation that contributed to the exposure of hundreds of thousands of consumers’ sensitive, non-public, personal health data, including data concerning minors.
Colonial Surety’s new Commercial General Liability offering provides insurance coverage for small businesses against claims made by others including bodily injury, damage to property, or personal injury.
Transamerica announced the availability of a new universal life insurance policy designed specifically to be a voluntary workplace benefit, and a combination of available riders that, for a fee, could potentially pay up to three times the value of the policy’s death benefit.
A federal judge approved a $25 million settlement between Genworth and a class of more than 13,400 plaintiffs alleging that policyholders of the company’s Gold and Gold II universal life insurance policies were subject to unlawful cost of insurance (COI) increases.
Fewer minority consumers receiving advice, but more are open to it
BIPOC populations are more open to working with a financial professional even though fewer BIPOC Americans are getting that professional advice.
Life insurance is more relevant and accessible than consumers believe it to be.
Next year, individual market premium rates will decrease 4% on average, with the greatest decrease at 10%.
The National Association of Professional Insurance Agents and the American Insurance Marketing and Sales Society have announced they will combine entities to redefine the future of insurance education.
The 2023 numbers from Social Security and Medicare provide an opportunity for clients and advisors to discuss retirement plans, the role of Social Security, Medicare premiums, and other healthcare costs that need to planned for in retirement.
Gerald F. Hemphill, CIC, LUTCF, of Richmond, Virginia was installed as president of the National Association of Professional Insurance Agents during the organization’s board of directors meeting held in San Diego, California.
The Employee Benefit Research Institute announced the launch of a re-envisioned Ballpark E$timate calculator to help individuals estimate their savings needs and future spending during retirement.
Most home insurance policies cover fire damage, but you may need extra protection if you live in a high-risk area for wildfires.
How to find success with centers-of-influence marketing
In the search for new clients, many financial professionals are turning to centers-of-influence marketing, which enables them to network with other professionals and grow their business.
COVID-19 public health emergency extended into January 2023
The Biden administration extended the COVID-19 public health emergency through Jan. 11, 2023, marking three years since the emergency was first declared in January 2020.
Combined insurance marks 100th anniversary with brand refresh
Combined Insurance is launching a new corporate identity that captures the company’s enduring legacy while positioning its future with a modern update.
For small businesses that select Transamerica as their retirement plan and health savings provider before Dec. 31, Transamerica will waive administration and participant fees on their health savings accounts and flexible spending accounts for two full quarters