Author: Logan B.

Will life insurance agents soon need to redefine their jobs?

Logan B.
InsuranceBee and Hiscox launch insurance agent partner program

If Trump repeals the federal estate tax, higher-end agents may find themselves in wealth management. High-end life insurance agents may have a career shift headed their way if President Elect Donald Trump follows through on the elimination of the federal estate tax. It is still unknown as to whether or not Trump will indeed proceed with that proposal. That said, if he does, it could force agents selling life insurance to high end clients to need to recreate their business models. As of yet, it is unknown as to whether…

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Transatlantic insurance market gets shot in the arm from US, EU deal

Logan B.
european union EU american USA united states transatlantic insurance market

The United States and European Union have come to an agreement to boost this international marketplace. On Friday, the United States and European Union came to an agreement to shrink legal and capital hurdles to the transatlantic insurance market. The goal was to give a boost to both the insurance and reinsurance marketplaces. The transatlantic insurance and reinsurance markets are currently worth a combined $3 billion. This transatlantic insurance market accord is one that has been under negotiation for over a year. It is a follow-up to an agreement that…

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Will health insurance exchanges crumble under Obamacare repeal?

Logan B.
Donald Trump Obamacare overhaul

According to a number of industry experts and analysts, the marketplaces may just survive. In under a handful of days into the start of 2017, the Republicans made it clear that the repeal of the Affordable Care Act and its health insurance exchanges would be among the first moves of the year. Some predictions have stated that health insurance companies will start withdrawing from the marketplaces. The concern is that the instability brought by the Affordable Care Act repeal could make the health insurance exchanges too much of a risk…

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Tennessee auto insurance verification system is on the way

Logan B.
Californian’s now have more choices in auto insurance

The state will be implementing a new system at the start of 2017 to comply with the Financial Responsibility Law. The state Department of Revenue is launching a Tennessee auto insurance verification system at the start of next year. Early 2017 will bring a new system with it to promote compliance with the Financial Responsibility Law in the state. The Department of Revenue is encouraging drivers to make certain that they will be compliant in 2017. The department is urging motorists to look into their Tennessee auto insurance coverage to…

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Extended health insurance enrollment deadline is today

Logan B.
health insurance enrollment

Last Thursday, federal officials announced the extension of the open enrollment period, but it’s nearly over. On Thursday night, federal officials announced an extension to the health insurance enrollment period. This gave consumers until today to sign up for health plans that would start their coverage on January 1. The extension will continue at the Affordable Care Act marketplaces until tonight at midnight. This lengthening of the period in which consumers could sign up is the second consecutive year this has happened. Last year, federal officials granted an extension to…

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