Hope you are doing well. Thank you for reading my blog. It’s been awhile since the last post and it will probably be another month before posts start being published regularly. Over the last few years, I’ve shared what’s been going on in the insurance industry along with observations. The last year was centered around … Read more
While there have been quite a few attempts recently to remove some consumer protections such as delaying the implementation of the final phase of the DOL Fiduciary Rule while Trump consumer protection chief requests $0 in funding for the Consumer Financial Protection Bureau in 2018 (last year, $217.1 million was requested). The CFPB doesn’t currently … Read more
Pleased to announce that digital versions of all of my books are on sale for .99 cents on Amazon & all online book retailers or on my website (here) . Thank you for your support and please share. Leaving a review is a great way to say thank you if you like the books.
Should An Insurance Company Be Required to Tell You If You’re Underinsured? Well, this is a challenging one. Many homeowner’s have found out that they were not covered for damage from floods under their traditional homeowner’s insurance policy and would only be covered if they had a flood policy. For those homeowner’s who live in … Read more
Change is coming slowly to the insurance industry and while 2017 showed much movement, 2018 will be the year that brings the next step in evolution for the insurance industry. In this post, I pose some of the questions and possible answers for the insurance industry this year. 1) Will this be the year that … Read more
We all purchase auto insurance, yet many of us, myself included, don’t always review it on a regular basis. This is more important than ever since auto insurance premiums are rising four times faster than the overall rate of inflation. Getting the optimal insurance for your dollar is the goal. Consumer Reports has released New … Read more
Over the last few year’s there has been much discussion about how insurance agents and (other member’s of the financial services industry) should align with those of consumers. Under a commission based compensation system, there is always a financial incentive for an insurance policy (or investment) to be recommended that will result in higher compensation … Read more
Open Enrollment for the majority of Americans who use Healthcare.gov closes on December 15, 2017. There is some question as to the effectiveness of the cut in funding by the Trump administration to promote ACA open enrollment to provide in person assistance, however a study by the Kaiser Family Foundation conducted in early November shows … Read more