Your fundamental value to make a difference in individual lives and society is what makes you a good fit for insurance. You can help change the culture of the industry and that’s what we’re trying to do.
With the rise of apps like Uber, Airbnb and more, what changes should agents and consumers be aware of when it comes to adequate coverage? Does working for on-demand jobs make someone an employee? Who carries the risk in a sharing-economy?
This new bill proposed in June could require brokers to disclose any direct or indirect compensation, between themselves and the plan carrier, prior to the client making the final decision and in the confirmation documents.
The government currently has no plan for what to do when the money runs short. What are the current possibilities in play?
"Technology is a necessity of the modern business world, especially in insurance. The efficiencies, cost savings, data and business insight that technology can provide will make us better as an industry and help us all to grow.”
...the Insurance Information Institute (I.I.I.) and the Casualty Actuarial Society (CAS) explain why actuaries apply variables when setting rates – for example using a driver’s age and gender, accident history and vehicle model year to calculate the premium on an auto policy.
Chatbots and artificial intelligence offer endless possibilities for business processes across industries...Some fear that these technologies could take over several tasks and displace many insurance workers, leaving them jobless.
A recent J.D. Power survey asks exactly these questions – and found that we have a long way to go before our customers get comfortable with their personal insurance company collecting troves of their data.
PRESS RELEASE: NY State of Health, the state’s official health plan Marketplace, today announced that New York’s uninsured rate has reached the lowest point ever recorded at 4.7 percent in 2018, according to recently released data from the federal Centers for Disease Control and Prevention’s (CDC) National Health Interview Survey. Under Governor Cuomo’s leadership, the state has reduced the number of uninsured people by 1.2 million since 2010, including nearly one million since the Marketplace opened in 2013.
“It’s evident in the numbers released today that there is high demand for quality, affordable health coverage..."