Insurance and Cannabis Meet in the Middle More and more states across the country are opening up to the idea of allowing cannabis-related businesses to operate, and with business comes risk, and with risk comes insurance. But insuring cannabis-based businesses introduces some tricky areas to navigate, especially as this market is quickly evolving. Getting the […]
By Dennis Prager When I see people walking outside, often alone with no one anywhere near them, wearing a mask, my primary reactions are disappointment and sadness. I am disappointed because I expected better from my fellow Americans. I never thought most Americans would be governed by irrational fears and unquestioning obedience to authority. I […]
By Kevin Ross It used to be that certain parts of the processing of a Workers Compensation Claim were 100% manual. The gathering, organization, and analysis of files – the first step in processing any new claim – was an unavoidably time-intensive task. A human got boxes of paper files or electronic pdfs (or other […]
By Joe Chvasta, JD, CPCU The Insurtech market’s global revenue reached $5.5 billion in 2019 and is projected to double by 2025. (1) Insurtech products are mainly being purchased by individual consumers. Life insurance represents the largest segment with nearly one-half of all 2019 global written premiums for Insurtech, followed by accident and health at […]
By Jane M. Orient, M.D. The dictionary definition of “hype” is a deception or put-on, or promotional publicity of an extravagant or contrived kind. But regarding medical advances, it might be used to refer to hope. Hope, or “false hope,” is something doctors are not supposed to give patients regarding a non-established treatment for a […]
By Bill Martin Accidents at home don’t disappear in a pandemic, but they do require home insurers to make some critical adjustments. The auto insurance industry has been busy developing relief plans to return unexposed premiums and support their customers financially through COVID-19. Home insurers have a different opportunity to help. Homeowners are taking this […]
By Ray Kegnabb About once a generation, the U.S. insurance market encounters a crisis that demands a federal response. In the 1960s, it was severe uninsured flooding. In more recent memory, it was the catastrophic terrorism of September 11th. Yet another protection gap has been revealed in recent weeks, as the COVID-19 pandemic shutters thousands […]
By Carol Barkes Remember change is hard on our brains. By now many people have somewhat settled into working from home and will have a fight or flight response to “being released back into the wild.” Have a plan that you allow your team to help create, and that you clearly think out and share […]
By Mark Schecter In light of recent market challenges that have impacted the diversified investment portfolios we manage for our clients, many have asked how the cash values in their investment-oriented life insurance policies are weathering the storm. Whole Life, Universal Life, and Indexed Universal Life have traditionally maintained their values through tough economic times […]
By Marilyn M. Singleton, M.D., J.D. Medicare for All (M4A) retained its prominent place on the stage at the latest Democratic debate. In its purest Bernie Sanders form, concurrent with abolishing private health insurance, U.S. residents would be enrolled in “Medicare.” The program would pay for unlimited “medically necessary” health expenses, including pharmaceuticals, mental health […]
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