As you are well aware that today’s world no longer functions the way it did a couple of decades ago. There’s a lot more economic instability than before and it is very important to insure your business against theft or loss that is incurred on a regular basis. If your business qualifies to be a public house, then you must take public house insurance. This is a special kind of policy, amongst 150 common insurance policies, this type would usually be sold as tradesman insurance. What you can do here, in order to make your life easier is to compare the cost of quotes online and then decide on which one really satisfies your needs as a tradesman. Read all post…
More on the IMSA to LIFEC Transition
Yesterday as the vote by the IMSA Board to recommend to the membership that IMSA disband and form a new organization LIFEC was announced, I posted my initial thoughts and questions here.
Later in the day, Alan Prochoroff, Editor and Publisher of Insurance Compliance Insight published quite a long piece in the [September 21, 2010 issue] of that weekly publication. In reading his article, it increased my sense that it will be an uphill climb for LIFEC to establish itself as an information, products and services-based compliance organization. In 2010, it is hard to argue that any of us lack information! My inbox overflows with insurance compliance information that is delivered to my desktop everyday.
Health Insurance helps families avoid poverty
Sandy Johnson and her husband of one year, Mark Johnson, settled down for a late night movie. Around 1:00 a.m., Sandy noticed Mark was restless and he began grabbing at her. She turned to ask him to stop and Mark stared at Sandy blankly, unable to speak. Panicked, she asked him to smile. The right side of his face drooped and he was unable to raise his right arm.
50-year-old Mark was suffering from a stroke. And he did not have health insurance. While Sandy was able to get Mark help in time to save his life, it was the financial burden of paying for his medical expenses out of pocket that debilitated their family.
While the initial investment of health insurance can seem pricey, it can be more devastating to chance it without health insurance.
Joining Associations Can Help Your Agency
Membership in an organization assigns someone a sort of immediate status and prestige. Joining local and national trade groups such as the American Insurance Association, the CPCU (Chartered Property Casualty Underwriter) Society, the Group Underwriters Association of America, the Health Insurance Association of America, and the National Association of Insurance and Financial Advisors, gives you instant credibility and puts you in the same category as thousands of other well-respected, prominent and likely profitable agents throughout your state if not the entire country. The dues you pay may seem to not buy you anything, but they do. Read all post…
Sarah Bennett Baggs Podium
Sarah Bennett Baggs received her first podium of the year at Oulton park, in round 6 of the GT Cup Championship!
This time, the Championship officials were happy with the specification of Sarah’s Adrian Flux sponsored BMW M3, and it was confirmed as the correct power to weight for a move to Group 3!
The race started at 9am on Saturday morning revealing a wet track, but a lovely sunny day. The track was split down the middle with the decision on tyres, some going with slicks, some going with wet. Everyone knew they would be difficult to get warm though! S
Investment News Point/Counterpoint on Life Settlements
In a September 12, 2010 article in Investment News, Larry J. Rybka, President and CEO of Valmark Securities Inc., and James W. Maxon, of counsel at Manning & Martin, LLP, air their differing points of view on the Life Settlements Task Force recommendation to the SEC that it urge Congress to include life settlements in the definition of securities. In ["Point/Counterpoint: Are life settlements essentially securities?"] These two debate the possible move.
Mr. Rybka states: “If the definition of a security under the securities laws were amended specifically to include life settlements under the [North American Securities Administrators Association, Inc.] model—or something closely approximating it—the definition would preserve a place for state regulation of legitimate life settlements. At