Aviva warning on commercial property valuations
posted 23 weeks ago on Insurance Bits
Aviva is recommending that commercial property owners review the value of their buildings and make sure they are adequately insured.
According to the group, underinsurance is a real risk for property owners, with research indicating that 77% of professionally valued buildings are actually underinsured.
Typical oversights in completing insurance valuations include the costs of removing debris, [...]
(more...)HHS? Technology Problem Presents a Real Opportunity
posted 23 weeks ago on The Alan Katz Health Care Reform Blog
Opportunities sometimes arrive unexpectedly, usually alongside a problem. Health care reform will be no different. A problem facing the Department of Health and Human Services in implementing  a standard database of health plans brings with it an opportunity to eliminate unnecessary spending in the current system and unleash a new wave of sales innovation.
As reported [...]
(more...)Who Needs Scare Tactics?
posted 23 weeks ago on Insurance Bits
There are plenty of ways to paint scary pictures of what could happen if you don't have life insurance to protect your family. And they're real, but do we really need them to prompt us to do the right thing.
Buying life insurance isn't something that needs to be or should be done out of guilt [...]
(more...)Who Needs Scare Tactics?
posted 23 weeks ago on Ed Hinerman On Life Insurance
There are plenty of ways to paint scary pictures of what could happen if you don't have life insurance to protect your family. And they're real, but do we really need them to prompt us to do the right thing.
Buying life insurance isn't something that needs to be or should be done out of guilt [...]Post from: Ed Hinerman On Life InsuranceWho Needs Scare Tactics?
(more...)?Don?t forget Paris? - Fidelity tells SA investors
posted 23 weeks ago on Insurance Bits
Europe also currently offers compelling valuations - With GDP growth of many emerging economies far outstripping those of more developed regions, global investor sentiment has increasingly shifted in favour of equity markets in countries such as China, India, South America and South East Asia.
(more...)Commission ban on investment advice in 2012
posted 23 weeks ago on Insurance Bits
The payment of commission to financial advisers who recommend specific investment products is to be banned in 2012.
New rules published by the Financial Services Authority (FSA) mean that from the end of 2012, firms will have to be upfront about how much they charge for their services.
The changes also mean firms offering independent investment advice [...]
(more...)Civility Required Here
posted 23 weeks ago on The Alan Katz Health Care Reform Blog
There are plenty of blogs out there where partisans can throw red meat (or blue meat, as the case may be) to their base; blogs where the more outrageous the statements the more praised the writer will be. This is not one of those blogs.
Health care reform generates a great deal of passion and heat. [...]
(more...)Federal Flood Insurance Program Closed for Weeks
posted 23 weeks ago on Insurance Bits
As insurance and real estate agents and homeowners feared, Congress left Washington without extending the federal flood insurance program.
Congress adjourned until April 12 after failing to agree ...
(more...)Buffett Increases Stake in Munich Re to Nearly 8%
posted 23 weeks ago on Insurance Bits
Famed U.S. investor Warren Buffett, already Munich Re's biggest shareholder, has built up his stake in the world's No. 1 reinsurer to nearly 8 percent, increasing his bet on the sector's long-term ...
(more...)CII calls for independent professional standards board
posted 23 weeks ago on Insurance Bits
The Chartered Insurance Institute (CII) has commissioned research which has revealed that there is strong support for an independent professional standards board, rather than internal FSA governance.
The research came in two parts, the first half conducted with members and the second half with a wider spectrum of IFAs, with both segments showing a backing of [...]
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