Insurers’ Focus on Market Conduct, Privacy and Filing Rules Market conduct exams topped the list of concerns among all respondents to Wolters Kluwer Financial Services’ new U.S. Insurance Regulatory and Risk Management Indicator. In the report (follows on page 18) just released, seventy-five percent of those surveyed indicated a significant level of concern with exams, […]
Insurance Reasoning / Spill-over There is a new subject in Economics that is taking the country by storm. It’s called ObamaMath. It starts with the addition of 7 million people together with the subtraction of 5 million people to determine the success of an ill conceived equation. Right. 7 million sign ups, but 5 million […]
Hats Off to the Younger Generation By G. Keith Smith, M.D. The Unaffordable Care Act (UCA) is about to become even more unaffordable, thanks to the unpredicted wisdom of the younger generation. Recognizing yet another Ponzi scheme in UCA, the vast majority of young people (a group the central planners had counted on to keep […]
Medical Costs for Auto Injury Claims Outpace Inflation, Even as Reported Injuries Become Less Severe MALVERN, Pa.—Medical expenses reported by auto injury claimants continue to increase faster than the rate of inflation, in spite of the fact that the severity of the injuries themselves remain on a downward trend. A new study by the Insurance […]
IIABSC Installs Officers & Directors for New Term Albertson, N.Y.—The Independent Insurance Agents & Brokers of Suffolk County, Inc. installed new officers and directors for the 2013 through 2014 term. More than 110 IIABSC members and guests attended the May 22 event which took place at the East Wind Conference center, Wading River. NY. Thomas […]
Tea Leaves and Press Releases My very first Insight column (IA, May 21, 2012) took a look at the press releases issued by the new Department of Financial Services for the first four months of 2012. I pointed out that not one of the 27 DFS press releases issued in that period related to support […]
Twelve Commandments of Selling As professional independent agents, we each have our own unique selling style. What works for me may not work for the agent down the street, and neither approach may work for the next person. In fact, a singular sales approach often is what sets us apart from our competition. But, over […]
PRI Names North Shore-LIJ Health System Winner of Risk Management and Patient Safety “Best Practices” Parker Jewish Institute for Healthcare & Rehabilitation, New Hyde Park, New York, Earns Honorable Mention Roslyn, N.Y. — Physicians’ Reciprocal Insurers (PRI) presented North Shore-LIJ Health System, Lake Success, L.I. its Risk Management and Patient Safety Best Practices Award for […]
NOW What? How many times, since you first became “intimately involved” within the insurance industry, have you been asked that most obvious question, “When should I file a claim?” I can tell you this: that from being in this thing of ours for many, many years, I would venture to guess that it is something […]
The Institutes’ AAI-M Designation Now Available MALVERN, Pa. — In response to evolving industry trends, The Institutes have released a new course, Advanced Agency Leadership and Strategic Alignment (AAI 87). With the introduction of AAI 87, insurance professionals who have completed The Institutes’ Accredited Adviser in Insurance (AAI®) designation program can now also earn the […]
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