Archive for 'Insurance Industry News' Category
A Look Back at 21st Century Insurance’s Turbulent Year
In what analysts are calling another blow to the local economy and to a company with a notable history in the Valley, the Woodland Hills offices of auto insurer 21st Century Insurance could lose up to 750 jobs in the next 16 months as its new parent, LA-based Famers Insurance Group, consolidates operations. Farmers, a [...]
Top 5 Branding Principles For Your Insurance Business
Peter and Rick look back on 2010 and offer five branding principles that you’ll want to live by as you gear up for 2011. Listen in as they discuss: 1) brand is something you earn; 2) brand is an investment; 3) social media is not a side project; 4) philanthropy matters, and 5) the [...]
Video: Insurance Industry Can Count on Slow Economic Recovery in 2011
Insurance Information Institute Chief Economist Steven Weisbart gives his economic outlook for 2011. Bookmark It
Get Success Marketing on Facebook
In this episode of On Point, Peter Van Aatrijk and Rick Morgan talk with Joseph Puckett, owner of Joseph Pucket Agency in Pelham, Alabama. Joseph is a young, new, aggressive captive agent who is making very effective use of social media to achieve his dream of owning his own business. Listen as he shares [...]
Possible Industry Struggles Due To Healthcare Reform
The stakes are high for policymakers to make healthcare reform a success. As the changes get underway, it remains to be seen how they will affect insurers. A study conducted by Conning Research and Consulting reveals that the medical professional liability industry can expect its profit margin to shrink, as the result of more competition [...]
GAO Report Shows AIG’s Shareholder Equity Is Rebounding
American International Group Inc.’s shareholders’ equity has rebounded significantly since the first quarter of 2009, largely due to the federal assistance from the U.S. Treasury and Federal Reserve, according to a government report. The U.S. Government Accountability Office’s latest report on the Troubled Asset Relief Program found that AIG’s shareholder equity had rebounded to $80.8 [...]
The SEC’s New Report on RIAs is Both Dazzling and Troubling
Jan. 24, 2010 – A new study from the Securities and Exchange Commission gives details on the registered investment adviser (RIA) population that are as dazzling as they are troublesome. The 40-page document was developed at the behest of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) of 2010. The SEC was directed [...]
Health Care Campaigns Build on Both Sides
Jan. 21, 2011 – The states that have health insurance exchanges, or are moving forward on establishing exchanges, now number at least seven, after two states announced their efforts. The states disclosed their plans during a week filled with conflicting news involving the Affordable Care Act (ACA) of 2010, the act that calls for creation [...]