Bankers Insurance

SEPTEMBER 12, 2023

By: Dwight West | Commercial Insurance Advisor dwest@bankersinsurance.net | (757) 591-3166 WHAT IS SUBROGATION? Depending on the success of your insurance carrier’s efforts in the subrogation process, and the resulting reimbursement amount, the insured may be entitled to receive funds held back from their insurance carrier.

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ProWriters

JANUARY 3, 2024

The trajectory of average D&O Insurance premiums has been a critical barometer for Cyber Insurance brokers keen on gauging the market’s pulse. After a tumultuous 2021 , the horizon seemed promising as brokers witnessed a stabilization of D&O pricing in 2022. Embrace the expertise that makes the difference.

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Word & Brown

NOVEMBER 7, 2024

Here are seven proven techniques to help you close more sales as a health insurance agent or broker. Closing Techniques in Insurance Sales to Boost Success 1. If carrier A has a plan that includes a similar network, but the premiums are lower, it’s okay to sell based on cost.

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Ease

FEBRUARY 21, 2023

21, 2023 – Ease®, a leading HR and benefits software solution for small- and medium-sized businesses (SMBs), insurance brokers, and insurance carriers, today released the 2023 SMB Benefits and Employee Insights Report. More than 2,300 agencies trust Ease to help them and their clients grow. million+ employees.

Premium 52

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Word & Brown

SEPTEMBER 25, 2024

For those that were, insurers upheld the denial in 59% of cases. Nevertheless, as a health insurance broker, you may be called upon by an Individual & Family Plan (IFP) customer, an employee enrolled in an employer-sponsored health plan, or an employer client acting on behalf of themselves or an employee concerning a claims appeal.

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AMAXX

JULY 15, 2024

As a result, the workers’ compensation insurance carrier decides not to pay for the treatment until they determine the claim’s compensability. Simultaneously, because the injury was reported as work-related, John’s group health insurance also refuses to cover the treatment. All state laws vary.

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Workers Compensation Compensation Claim Workers Comp 52

Friendly Agent

SEPTEMBER 21, 2020

How do you make money as an insurance agent? The insurance broker is able to earn money from commissions when they start selling insurance products to customers. Brokers may also sell various kinds of insurance, ranging from health insurance, P&C insurance, annuities,and life insurance.

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Insurance Agents Insurance Agent Agents Broker-Agent 130

Redbird Agents

JULY 9, 2024

Pick you product: Choose which type of insurance you’re going to focus on. home insurance, life insurance, healthcare such as Medicare or under 65 health insurance from the ACA marketplace, etc.) Get Contracts: Secure contracts with insurance carriers using a brokerage, FMO or directly with the carriers.

Insurance Agents 130

Insurance Agents Insurance Agent Agents Broker-Agent 130

Risk Management Monitor

AUGUST 30, 2021

Do not wait until the hurricane is coming to evaluate or modify coverage, as this is like trying to insure a burning building, and insurance carriers will be bombarded with requests. Most claims require you to immediately notify the carrier of damage and provide the documented “proof of loss” within a specific time frame.

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Property Insurance Centre

JANUARY 4, 2024

Inflation and rising costs are major drivers of increased insurance expenses for property owners. To ensure adequate coverage, property owners should stay informed about the latest trends and collaborate closely with their insurance brokers to navigate the evolving property insurance landscape.

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AMAXX

JULY 9, 2024

Evaluation of all these defenses requires cooperation and coordination between the insurance carrier, employer, defense experts, and legal counsel. You should consult with your insurance broker, attorney, or qualified professional. Now is the time to consider these when defending these troublesome claims.

Workers Compensation 52

Workers Compensation Workers Comp Injury Compensation 52

Healthinsurance.org

JUNE 20, 2024

16 If you buy your own health insurance, through the Marketplace or directly through an insurer, access to plan that will cover you and your domestic partner on the same policy will depend on where you live and the health plan’s rules. An insurance carrier may ask for a domestic partnership affidavit. 30, 2022

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Healthinsurance.org

APRIL 30, 2024

Washington DC’s year-over-year enrollment growth was only 0.2%, 16 and six states – Alaska, California, Hawaii, Nevada, Oregon, and Wyoming – had enrollment growth under 10%. 19 But the rest of the country saw double-digit enrollment growth, including a staggering 80.2%

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