New : Munich Re’s first guarantee for wind power plants

Munich Re is insuring the guarantees which Fuhrländer, a German builder of wind-power plants, is giving its customers. This is the world’s first insurance of this kind and part of a range of innovative covers that Munich Re is using to underwrite risks in the renewable energies sector. By doing this, Munich Re is facilitating business for both vendors and investors and paving the way for future technologies to enter the market.

The manufacturer Fuhrländer gives buyers of its up to 2.5-Megawatt wind turbines a technical guarantee of five years in conjunction with corresponding service contracts. Mun

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How to Buy Universal Life Insurance Online

Universal life insurance is one of the forms of permanent life insurance. It is best for those individuals who want flexibility while making sure that they would be able to provide their beneficiaries with a death benefit on the event of their untimely death.

A universal life insurance policy is technically a combination of life insurance and a cash value account, which accumulate tax-deferred. This means that the money that builds up in the policy is not taxable until withdrawn. The insurance company also offers a guaranteed rate of return on the account as the money is invested in the market and performances are credited into the policyholder’s account.

Universal life policies are available in two options. T Read all post…

Insurance leads: Meet your community

Successful insurance agents are involved in their communities and therefore discover profitable opportunities to meet potential insurance leads.

Have you considered these possibilities?

Go to local networking events. There’s a lot to be gained from making connections at various events in your area where businesspeople of all stripes get together to trade business cards, schmooze and maybe have a meal. It’s never a bad thing to let people in your community, especially other business owners, know that you’re out there too and appreciate their insurance leads.

Who knows? You might even convince someone to come in for a meeting or to tell his or her own customers about the service you provide. At th

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NY Senate Budget Analysis of DFR

The NY Senate Republicans have released their analysis of Governor Cuomo’s budget, including the proposal to merge the Insurance Department, the Banking Department and portions of the Consumer Protection Board. In the document they conclude that there are no savings to be achieved and a cost of $6-$9 million primarily in consolidation expenses. The document doesn’t contain a narrative discussion of the merits of the proposal – it merely states the conclusions on costs.

NY’s Proposed New Department of Financial Regulation

In the Executive Budget released today by Governor Cuomo, we get a look at the vision for the new Department of Financial Regulation.

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Find a job: Get your insurance

Congratulations! You’ve just graduated. During a recession. Good for you. (Sense the sarcasm now.) If you haven’t heard, unemployment rates are as high as 14% in some states. This is enough to make any new grad fall into an utter state of panic.

While many are jobless, the economy is on an upswing according to many economists. There are still jobs. The best way to stay afloat is to do your best at finding them. Long gone are the days of landing your perfect dream job out of college, but there are jobs available. You deserve the job, the 401K and health insurance plan. Here are some tried and true ways to help you land that job:

* Have a top notch resume and cover letter. Typos will land you in the reject pile. Uni

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