Live Insurance News

Health insurance brokers in Washington D.C. are still waiting to be paid

July 10, 2014July 8, 2014 S.Vagus

Insurance brokers have yet to be paid for the services they provided and the policies they managed to sell Months after health insurance exchanges began operating in the U.S., many professional insurance brokers are still waiting to be paid for their services. In Washington D.C., this issue is beginning to cause serious problems for these brokers. District officials had gone to great lengths to win the support of insurance brokers that were concerned for their livelihood and how it would be affected by insurance exchanges. A special website and phone…

Insurance news in Uganda shows trend toward oil sector risks

April 11, 2014April 9, 2014 Julie Campbell

Brokers are focusing on the opportunities that the new industries are providing in the country. The recent insurance news that has been arriving from Uganda has been based on the interest that brokers have been taking in the blossoming oil and gas sector in the country. Training has been started to ensure that insurance brokers understand the risks and how to mitigate them. The Uganda Association of Insurance Brokers (UAIB) chairman, Maurice Amogala, who is also the CEO of AON Uganda, Ltd., has stated that they are already dedicating themselves…

Insurance brokers feel the struggle in online health plan enrollment process

March 7, 2014March 4, 2014 Julie Campbell

Bulky, clunky systems online have made it challenging to complete smooth signups. While insurance brokers are supposed to be acting as “middlemen” in the enrollment process as Americans sign up for health plans to comply with the Affordable Care Act, these professionals are finding themselves struggling just as much as everyone else when trying to battle with certain clunky parts of the online system. These professionals are finding that they must still refer customers to HealthCare.gov to verify subsidy eligibility. While working to assist customers in being able to determine…

Insurance brokers are looking to the marijuana “green rush”

February 17, 2014February 15, 2014 Julie Campbell

As a growing number of areas start to legalize medical and even recreational use of cannabis, a new market is growing. Many areas across the United States – as well as in various other parts of the world – there has been a growing momentum on a political and cultural front to legalize both the medicinal and recreational use of marijuana, and insurance brokers are among those who have spotted a considerable change in business that is now on its way. There are a number of opportunities that could rapidly…

Insurance jobs change focus with improvements in U.S. housing market

January 20, 2014January 21, 2014 G. Turner

The state of real estate across the country is causing brokers and agents to change gears. The insurance industry and the housing market are very closely related and individuals in insurance jobs, such as brokers and agents, must keep on top of the latest movements in that marketplace in order to ensure that they are spending their time and energy on the products that will be most beneficial to their customers and that will generate the greatest revenues at the same time. Good or bad, the sale of homes has…