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By admin for your-insurance-site.info, on September 5th, 2009
For insurance Agents selling life insurance, annuities and other financial products (non-casualty and property), they should be preparing to come under greater regulations. This regulation may be similar to the regulations which Registered Investment Advisers (RIAs) currently are subjected.
Register Investment Advisers who typically charge a fee for their investment advise are deemed fiduciary and must [...]
By Insurance & Technology Blog, on September 2nd, 2009
In the view of many, the problem with AIG until recently was that it was driven by imperious personality. That problem was solved by the forced departure of Hank Greenberg by now-discredited ex-New York Attorney General Eliot Spitzer. However, with the arrival of Bob Benmosche as CEO, big personality is back.
By insuranceheadlines.com, on August 25th, 2009
The American Worker Plans, working with LifeStrive and the Allstate Workplace Division, have begun national marketing of an innovative program of wellness coupled with critical illness or cancer protection. Under this program, you can offer a group package of critical illness or cancer plans, inclusive of a preventive care benefit, …
By insuranceheadlines.com, on July 23rd, 2009
Investment returns are likely to be better in the second quarter than in the first, and weather-related catastrophe losses are “just a bit above the typical second-quarter’s result,” estimated Edward Shields of Sandler O’Neill & Partners. He expects “a fairly positive” second quarter except possibly in one area - the …
By insuranceheadlines.com, on July 17th, 2009
WASHINGTON (Dow Jones)–The insurance industry is seeking changes to legislation to create the new Consumer Financial Protection Agency that would prevent insurers from being swept into the agency’s purview.
Thirteen insurance trade groups, in a letter to key lawmakers, asked to exclude mortgage, title and credit insurance from the agency’s …
By Morrell Insurance, on July 7th, 2009
Introduction - Welcome!
The Morrell Insurance Newsletter!
This Newsletter is sponsored by Wm. E. Morrell Inc.(Morrell Insurance, founded in 1909) for the purpose of having our subscribers current on insurance news, products, and services. The Morrell Insurance Staff hope you had a joyous fourth and wishes you a fun Summer.
New York State Regulation - Federal
State vs Federal [...]
By admin for your-insurance-site.info, on July 6th, 2009
Promoters of concerts take on great risks. Many performing stars are temperamental, have addictions and are sick often, thus having concerts canceled since the star can not perform. These risks along with other risks as rented stage or venue facing a peril, performer just decides not to perform, security issues where authorities close down the [...]
By insuranceheadlines.com, on July 6th, 2009
SEATTLE - When Mark Moody and Glenda Krull could no longer afford both health insurance and mortgage payments, the Edmonds couple knew which had to go. They sold their house. Moody, 60, had a liver transplant four years ago and may need another. He alone pays $1,345 a …
By Insurance & Technology Blog, on July 2nd, 2009
Our favorite insurance technology-related blog posts from around the Web (June 28-July 4, 2009):
By insuranceheadlines.com, on July 1st, 2009
Rising sea-levels could one day leave significant portions of the Florida Keys underwater, experts say.
Researcher Evan Flugman said in a Florida International University report the Florida Keys are at the forefront of the emerging threat of rising sea-levels in the southern portion of Florida, The Miami Herald reported Sunday.
”South Florida …
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