The New York State Court of Appeals ruled last week that amendments to Regulation 187, which created a suitability and best interest standard for the sale of life insurance and annuity products, were constitutional. This decision ends a legal battle that started in...
Communities around the globe first faced the threat of COVID-19 in late 2019. At the time, no one knew how bad it was going to be, but as cities overseas (e.g., China and Italy) began to experience the effects of the pandemic—and lockdowns were instituted to blunt the...
COVID-19 and the legalization of adult-use cannabis in New York state has affected underwriting greatly. To complicate matters further, some municipalities are considering opting-out of the cannabis adult-use law. These changes are causing insurance underwriters and...
Now before I lose you before we start, hear me out. If pirates attacked your home and loved ones or your office and employees tomorrow, would you have the right insurance coverage to cover the loss? Pirates often steal, break things, harm or kill people, or they could...
Do you have clients who are asking you questions about the benefits and policy differences of long-term care insurance? Are you looking for a handy resource that can help you explain the different plans that are available to them? Look no further. The purpose of...
The life insurance industry has a dirty secret that most agents are aware of, but don’t want to talk about: The main factor for choosing one policy over another comes down to price. Most agents know that Carrier A’s coverage likely will be like Carrier B’s coverage,...