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Insurance Producer Force Shortage is Critical, INN Publisher Says In Interview



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"We are at a 30-year low in the number of carriers we have in this industry and continuing to decline," Feldman said in an interview posted on The Wealth Channel...
"Insurance companies will now be matching their life insurance policy lists with the death index database on a regular basis. Conducting computer matches isn't much of a burden, and the benefits to consumers are significant."...
The Financial Planning Coalition said in a prepared statement that the Investment Adviser Oversight Act of 2012 would create a new regulatory structure that would lead to fewer investor choices...
Feds eye 401ks as new bailout fund
The push for the bill comes out of the consensus recognition that the SEC, at its current level of funding, cannot shoulder the burden of effectively regulating investment advisers...
Enrollment in Consumer-Directed Health Plans grew by 18 percent in 2011, up from 28 million in 2010 to 33 million last year, according to an analysis...
"As wind season approaches the rates in coastal areas are increasing with many admitted insurers pulling back. The actual effective rate is higher than measured on a renewal vs. expiring basis"...
In May 2012, the composite rate for commercial insurance placed in the United States was up 4 percent as compared to pricing in May 2011...
A last-minute provision added to legislation headed to the governor's desk will deliver a price cut to south Louisiana property owners who get insurance through the state-run insurer of last resort...
Idaho will receive $200,000 of a $1.6 million settlement with Nebraska- based American Family Life Assurance Co., known as AFLAC, after a multistate investigation found numerous problems with the insurance company's practices...
"Online access is critical to your business model," Pershing Director Michelle Gutierrez said, "advisors need to embrace it and extend their service models to become a trusted partner to their clients."...
"The reinsurance sector continues to function normally and, in the absence of a significant catastrophe loss burden, the improving capital position is likely to contain any attempt at price increases,"...
More than 125,000 jobs were lost in the Gulf Coast area due to Hurricane Katrina in 2005. In Louisiana alone, more than 20,000 businesses were shuttered...
Americans across the country are looking to the Supreme Court each Monday at 10 a.m. to see how it will rule on the president's healthcare law...
3.10% MYGA
The Senate began debate on a farm bill, passed by the Senate Agriculture Committee in April, that would set up another crop insurance subsidy, costing $3 billion a year, to cover any losses farmers suffer...
When maintenance worker Anthony Antonucci retired from the Reading School District two decades ago, he signed up to stay on the district's health plan. Only problem is, he wasn't supposed to....

Insurance Newswires - 6/7/2012

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