Records show that 227,000 unemployment claims were filed last week in Florida, bringing the two-week total to 348,511, more than all that were approved in 2019. The Department of Economic Opportunity also received 2.1 million calls for help this week. “This system is not handling the needs of the people of Florida in an adequate way,” DeSantis said in a Thursday…
U.S. stocks joined a worldwide downdraft Wednesday as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak. In the U.S., President Donald Trump warned Americans to brace for “one of the roughest two or three weeks we’ve ever had in our country.”
Leaders of four insurance industry organizations have sent letters to every state insurance licensing authority requesting temporary licensing accommodations for producers who…
Many commercial insurance policies contain clauses that may cover losses suffered as a result of an order issued by the government, such as the recent orders restricting access to restaurants, bars and other public establishments.
The current working environment “is a huge opportunity to pick up clients, market share and new opportunities moving forward,” said an advisor who is running his practice virtually.
Or has President Trump redeemed himself for what some have called a slow and ineffective response to COVID-19? Our President Trump continues to do a great job for the citizens. President Trump has done a fantastic job in response to COVID-19!
Corporate and Wall Street titans have used the coronavirus crisis to grab windfalls as a price for putting desperately needed resources into health care and helping people facing acute distress after losing jobs and income. The Trump administration and too many members of Congress actively promoted this terribly unbalanced approach to a public health…
Take care of yourself – and those around you – during and after the COVID-19 crisis.
With President Donald Trump expected to sign a $2 trillion economic rescue package this week, advisors and clients have a lifeline to recalibrate financial plans. The legislation steers aid to businesses, workers and health care systems engulfed by the coronavirus pandemic.
The Senate passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. The unanimous vote Wednesday came despite misgivings on both sides.
The death toll in the United States from the coronavirus has topped 1,000 as the outbreak appears to be deepening across the country. According to a live tracker of multiple medical and government sources by Johns Hopkins University, the death toll reached 1,041 late Wednesday after the United States experienced more than 200 deaths– its deadliest day yet.
Single taxpayers: All single taxpayers earning up to $75,000 will receive $1,200. Married taxpayers: Married taxpayers filing jointly and earning up to $150,000 will receive $2,400, with qualifying children adding $500 each to the total. The decreases begin at $75,000 for single filers; $112,500 for heads of household and $150,000 for married couples filing…
Advisors can choose not to participate in the negativity stemming from the COVID-19 pandemic, a retirement income specialist and author told members of the National Association of Insurance and Financial Advisors.
One was famously expressed by Rahm Emanuel, the discredited former mayor of Chicago who dropped his reelection bid rather than get wiped out over his clumsy suppression of a police video of a black teenager being killed by a white cop. Now he dispenses wisdom as a talking head on ABC. Napoleon must have been talking about Republicans who are just as human, and…
Clients are “looking for a port in a storm” in the midst of the COVID-19 crisis, and are looking for advisors to be the community of leaders they can count on. That was the word from Jill Judd, former president of the National Association of Insurance and Financial Advisors.
The White House and Senate leaders of both parties have struck an agreement on a sweeping $2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak. Top White House aide Eric Ueland announced the agreement in a Capitol hallway shortly after midnight.
“I would love to have the country opened up and just raring to go by Easter, “he said during a Fox News virtual town hall. The reassessment comes as the White House is encouraging lawmakers on Capitol Hill to pass a roughly $2 trillion stimulus package to ease the financial pain for Americans and hard-hit industries.
Mar. 24– When Bryan Bush heard his five video poker truck stops were being shut down as part of an effort by the state to control the spread of the coronavirus, he reached out to his insurance agent to see about making a claim on his business interruption insurance policy. “My income just stopped,” said Bush, who owns truck stops in Port Allen, Donaldsonville, St….
–The Upton Group, LLC a leading national insurance agency specializing in food delivery insurance is calling upon the federal government to develop an insurance program to fill a void in coverage that the current worldwide pandemic has exposed in the insurance industry, which affects all businesses but is especially hard on restaurants and other small…
In today’s environment, it’s easy to live in a state of panic and fear. Especially when you continually hear “Dow down 2000 points,” “We are in a recession,” “stimulus package,” “rising cases and deaths.” But focusing on the things you know will help you guide your clients out of this uncertain economic and political time.
GUNTERSVILLE, Ala., March 24, 2020 /PRNewswire/ — The Upton Group, LLC a leading national insurance agency specializing in food delivery insurance…
Clients want human interaction in this time of social isolation, and they need to have their advisors communicate with them. Brock Jolly, financial advisor at Veritas Financial, shared some tips for communicating with clients during a webinar held Monday for members of the National Association of Insurance and Financial Advisors.
Why a health savings account is the ideal tool to help individuals pay for health care and provide financial wellness support in times of uncertainty.
The deal for China Oceanwide to acquire Genworth for $5.43 a share was announced in October 2016, and Genworth shareholders approved the acquisition in March 2017. “Genworth and Oceanwide remain committed to the transaction and continue to work towards closing as soon as possible,” Genworth announced Monday. Genworth said it is submitting supplemental…
Doug Wheeler has built his insurance and annuity business around caring for his clients, so serving them well in a time of COVID-19 crisis comes naturally.
Trade associations from across the entire health care spectrum came together with one voice in a letter to Vice President…
California is pressing all insurers to give policyholders “at least” a 60-day grace period from insurance premium payments.
The Centers for Medicare & Medicaid Services (CMS) announced that all elective surgeries, non-essential medical, surgical, and dental procedures be…
Today, the Centers for Medicare & Medicaid Services (CMS) issued Frequently Asked Questions (FAQs) to clarify coverage for the diagnosis…
During these difficult times, your practice has no doubt been impacted by COVID-19. Calming customers has likely involved a large percentage of your time. While that is vitally important, it’s also important to lead well in your practice.
COVID-19 has left businesses in uncharted waters. It is often insurance that carries businesses through these waters. But policyholders need to know where to look for this life raft, and how to navigate these murky waters.
Clients may have some confusion about the COVID-19 virus. Health insurance brokers can help break through that confusion and be a trusted source of information.
As millions of Americans shelter in place, work from home, or face business closures and layoffs, the number of cars on the road has fallen precipitously and, as a result, the number of daily car accidents will diminish dramatically, consumer groups say.
New York regulators adopted a new emergency regulation requiring New York State insurance companies to waive cost-sharing, including, deductibles, copayments, or coinsurance for in-network telehealth visits.
A recent LIMRA and LOMA survey of financial services companies found that 91% have a pandemic stress scenario in place, but just 16% see the coronavirus as a severe pandemic.
WASHINGTON — The Internal Revenue Service advised that high-deductible health plans can pay for COVID-19-related testing and treatment, without jeopardizing…
About three minutes into the speech, Trump said: “I met with the leaders of health insurance industry, who have agreed to waive all copayments for coronavirus treatments.” A health insurance lobbying group later clarified that the president was partially correct.
With the virus hitting the 60-and-over population hard, your role is to be an informed and an intelligent advisor for this group. Medicare is communicating with them on a regular basis about COVID-19. In the past three days, Medicare sent its beneficiaries two emails.
The National Association of Insurance Commissioners is cancelling its spring meeting March 21-24 in Phoenix, the latest concession to the growing coronavirus threat. The meeting is one of three major conferences the NAIC holds annually and draws hundreds of regulators, insurance executives, consumer advocates and media members.
America’s Health Insurance Plans is the latest organization to cancel events due to the rapidly spreading coronavirus pandemic.
The National Association of Insurance Commissioners will be holding a full-day special session of the nations’ chief state insurance officials on March 22, 2020, to discuss state response and coordination around COVID-19.
Fears of coronavirus becoming a global pandemic is causing the cancellation of many conferences as companies seek to avoid concentrating large numbers of people in confined spaces. But trade associations and companies in financial services are going ahead with planned conferences.
Americans see employers as having a dual role to play in addressing risks associated with the virus, both in protecting their health and well-being and as trusted providers of information about the disease and resources to help manage its impact.