March, 2023

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Insurance selling techniques video

An-Insurance-Agents-Career

learn how the top producers think when they are selling insurance. This video addresses the biggest mistakes that new agents and many existing agents don't realize or really understand. Selling is not just about the product. Its about how people think and the using the right process to close a sale.

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FTC is “Talking Trash” and Zeroing-in on “Recyclable” Claims

Hunton Andrews Kurth

The FTC has announced the next step in its ongoing review of the “Green Guides.” According to the FTC’s most recent announcement, it is zeroing-in on “recyclable” claims and will be hosting a workshop titled “ Talking Trash at the FTC: Recyclable Claims and the Green Guides.” During the workshop, panelists will discuss the kinds of recyclable claims that consumers see in the marketplace, how they perceive or interpret those claims, and the current state of recycling in the U.S.

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Home health aides’ insurance risks

InsuranceBee

Home health aides are a vital part of the US healthcare system. They look after some of society’s most vulnerable people, every day. And they provide invaluable support to doctors, nurses, and other medical professionals. Assisting patients with everyday tasks, … Read more. The post Home health aides’ insurance risks appeared first on InsuranceBee Blog.

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How Life Insurance Companies Master Diversification in Asset Management

The Insurance Pro

In today's fast-paced and unpredictable financial landscape, managing risk and achieving consistent returns is more important than ever. Life insurance companies have emerged as experts in this field, utilizing their vast resources and expertise to create well-diversified investment portfolios that deliver long-term value to policyholders. In this article, we will explore the factors that contribute.

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10 Insurance Marketing Terms to Store in Your Back Pocket

Ease

First things first: Know the lingo! Whether you’re a beginner or an expert, it’s important to check off each of these terms when analyzing your next insurance marketing strategy. From the beginning stages of creating a website, a new ad, or social media post to the final stages of reviewing data and nurturing new leads — there’s a term for it all. Let this guide be your jumping-off point and continue to learn about the ways to reach new audiences, create compelling content, and grow your insuran

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Group Captives Offer Cost-Sensitive Companies Opportunities to Savein Face of Inflation

Triple-I: Workers Compensation

By Max Dorfman, Research Writer, Triple-I Today’s inflationary conditions may increase interest for group captives – insurance companies owned by the organizations they insure – according to a new Triple-I Executive Brief. Group captives recruit safety-conscious companies with better-than-average loss experience, with each member’s premium based on its own most recent five-year loss history.

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The European Unitary Patent: Why Retailers Should Care

Hunton Andrews Kurth

In a significant change to the European patent system that will impact patent prosecution and enforcement strategies in one of the world’s largest retail markets, the European Unified Patent Court (UPC) begins operations and the European Patent with Unitary Effect (Unitary Patent) will be available at the European Patent Office (EPO) on June 1, 2023.

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New York Attorney General Announces Proposed Rules Targeting Price Gouging

Hunton Andrews Kurth

The New York Attorney General’s Office (OAG) recently announced several proposed rules are intended to combat price gouging in New York during state emergencies. The OAG promulgated the rules pursuant to its authority under New York General Business Law 396-r , which makes it unlawful to sell goods and services “vital and necessary for the health, safety and welfare of consumers or the general public” at an “unconscionably excessive price” during “any abnormal disruption of the market.

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FTC Looks to Crack Down on Subscription and Membership Auto-Renewals

Hunton Andrews Kurth

On March 23, 2023, the FTC issued a notice of proposed rulemaking aimed at deceptive and unfair practices involving recurring charges for automatically renewing subscriptions and memberships. The proposed rule is part of a broader FTC initiative designed to crack down on “ dark pattern ” tactics that retailers employ to aid in customer acquisition and retention, among other things.

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Bond Prices and YTM: How Interest Rates Affect Your Investments

The Insurance Pro

Main Takeaways Yield to maturity (YTM) is a way to determine how much money you can make from a bond if you hold it until it matures. YTM considers the bond's price, coupon rate, and time to maturity. YTM is important for investors because it allows them to compare the true yields of different bonds, Keep Reading The post Bond Prices and YTM: How Interest Rates Affect Your Investments appeared first on The Insurance Pro Blog.

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EPA Releases Another Compliance Advisory on Pesticide Devices Due to “Substantial Non-Compliance” with FIFRA Requirements

Hunton Andrews Kurth

In February 2023, the US Environmental Protection Agency (EPA)’s Office of Enforcement and Compliance Assurance (OECA) quietly released a Compliance Advisory “What You Need to Know about Producing, Distributing, or Selling Pesticide Devices.” The advisory follows on the heels of similar advisories and provides information to the regulated community about requirements for pesticide devices under the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) in order to promote compliance.

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An Insider’s Look into 2023 Insurance Trends

Ease

Take a deep dive into plan adoption rates, rising medical premiums, and the power of voluntary benefits for the new year. It’s never too early to get a head start on prepping for the open enrollment season. And we’ve got just the right tool to help you through it. The Ease 2023 SMB Benefits and Employee Insights Report has arrived with every key insight, theme, and trend you should keep in mind while finetuning your employer groups’ benefits packages.

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Recent FTC Enforcement Action Merits Cyber Insurance Coverage Review

Hunton Andrews Kurth

A recent settlement filed by the Federal Trade Commission (FTC) and GoodRx may merit a review of your cyber insurance coverages. Earlier this month, the FTC took enforcement action for the first time under its Health Breach Notification Rule against the telehealth and prescription drug provider, GoodRx, for failing to notify consumers of its unauthorized disclosures of personal health information.

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Electric Vehicle Charging Infrastructure at Retail Establishments

Hunton Andrews Kurth

Electric vehicles (EVs) are becoming increasingly popular, especially with rising gas prices over the past year. EVs now make up roughly three percent (3%) of the global vehicle fleet, up from one percent (1%) at the end of 2020. Last year, President Biden announced a lofty goal for EVs to make up fifty percent (50%) of all vehicles sold in the United States by 2030.

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