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It would be hard to imagine a society today with no Facebook or Twitter. These days, it seems as if every company is on some social networking site. Although there are some insurance companies on Facebook, there is some speculation over whether big insurance companies are using Facebook to decide how their clients should be [...]
Texas insurance regulators are waiting on the Obama administration on whether or not they can delay forcing insurers to pay rebates to health plan members. This would happen if the companies exceed new medical loss ratio (MLR) requirements. The medical loss ratio took effect on January 1st, 2011 and according to a U.S Government Accounting [...]
In a society where technology dominates, it is important to stay ahead. This is exactly what Insurance Administrative Solutions (IAS) has done by launching their MedSupp eApplication. Healthcarefinancenews.com reports that this new application technology “…provides further optimization to its third-party administration platform for the next wave of tech-savvy Baby Boomers.” Victor Castellanos, IAS’s Senior Vice [...]
On December 23, 2011, President Obama approved H.R. 2055, the Consolidated Appropriations Act (or the mini-bus), which extends The National Flood Insurance Program until May 31st, 2012. On this day, flood coverage would have expired for up to 5.5 million property owners in high flood-risk areas reports IFAWebnews. Leaders of the Independent Insurance Agents & [...]
The insurance industry is a fast environment and insurance agents know how important it is to keep up with the business. According to Prweb.com, FastrackCE is a website that will be offering a new “Renewal Alert” program to agents. This program will help agents in avoiding state fines for failing to complete the required CE [...]
“… The whole point of a present is to please someone you love and improve their lives. What can do that better than financial protection ensuring one’s whole future?” According to PRNewswire, Life Insurance is an ideal gift to purchase for someone you love this holiday season. There are many reasons to give this generous gift [...]
The National Transportation Safety Board has called to ban the use of cell phones while driving. In regards to this, the American Insurance Association has made their support very clear, by reporting a statement that demonstrates their encouragement for the ban. This would include any sort of electronic device that may be of distraction while [...]