There is a wonderful guide that’s been published by Consumer Affairs in connection with highlighting the importance of Life Insurance for Women. The life insurance Guide compares and contrasts different life insurance options, and is available to access by anyone at anytime. Take a look here https://www.consumeraffairs.com/insurance/life.html#women-and-life-insurance
State Trade Associations Collaborate to Inform New Yorkers About Home Building Project Concerns This just in from the Professional Insurance Agents of New York State and the New York State Builders Association April 6, 2017, ALBANY, N.Y.—In time for the spring building season, the New York State Builders Association and the Professional Insurance Agents of […]
(With thanks to Insurance Journal) An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He also admitted failing to file state income taxes. Prosecutors say he fraudulently solicited over $1 million […]
Technology Is Ultimate Savior of Insurance Industry: Opinion March 13, 2017 by Lionel Laurent Insurance companies are running out of ideas. They’ve bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most tempting […]
“…Like most states, Pennsylvania counts heavily on the insurance industry to police itself….” How far should self-policing go? In Philadelphia, Mark Fazlollah (mfazlollah@phillynews.com) and Erin Arvedlund (earvedlund@phillynews.com), Staff Writers for Phillynews.com, report on a sad annuities case issue with How Annuities Can Drain Seniors’ Savings. The final line is very telling and troubling. “Sales of […]
WILKES-BARRE, PA – Berkshire Hathaway GUARD Insurance Companies recently began offering Commercial Auto coverage in New York. The product can be written on a stand-alone basis or together with other complementary lines. The policy is aimed at accommodating the needs of a broad audience, including artisan contractors, repair and service operations, delivery and distributor classes, […]
Some interesting news from the NY-DFS … From CU Insight ALEXANDRIA, VA (February 10, 2017) — The New York State Department of Financial Services today took possession of Melrose Credit Union, located in Briarwood, New York, and appointed the National Credit Union Administration as conservator. Deposits at Melrose Credit Union remain protected by the National […]
Yes, says Susan K. Livio of NJ Advance Media for NJ.com TRENTON, February 05, 2017—For the fifth consecutive year, New Jersey motorists paid the highest car insurance premiums in the nation, according to a new report by the National Association of Insurance Commissioners. New Jersey drivers forked over an average of $1,263 per car in […]
By: Liz Bagot (pollfish@prhacker.com) According to a flash poll conducted by Pollfish—a real-time mobile survey platform for consumer insights—despite overall feelings of anxiety and nervousness, many Americans think that the economic situation won’t change much under Trump. Interesting findings from the survey include: 1. The Predominating Mood is Cautious Hopefulness—Asked which adjectives best describe their post-Inauguration mood, 29% of Americans said nervous/anxious, 29% […]
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