Many insurers are now writing their own rules to cover pilots who are finished waiting for federal regulations. Every day, thousands of drones fly low and high in the sky without receiving government approval, so the latest insurance news has shown that insurers have come up with their own safety regulations to help to fill the gap that has been left in place by official regulators. These drones are being used by movie studios, real estate companies, and other businesses and industries. The devices provide, among other things, an inexpensive…
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Health insurance brokers in Washington D.C. are still waiting to be paid
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…
Read MoreInsurance news in Uganda shows trend toward oil sector risks
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…
Read MoreInsurance brokers feel the struggle in online health plan enrollment process
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…
Read MoreInsurance brokers are looking to the marijuana “green rush”
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…
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