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3 reinsurance negotiation strategies for insurance carriers
Holly Tachovsky | April 24, 2018
Given that past pricing pressures have dictated premium rates for about a decade, it’s time for insurance carriers to more effectively drive reinsurance negotiations using accurate data sets that can better reflect risk and lead to more favorable terms.
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Home used to illegally grow pot. Still a residence for insurance purposes?
Steven A. Meyerowitz | April 24, 2018
Homeowners allege that Auto-Owners improperly denied their insurance claim, which sought coverage for property damage due to an illegal marijuana grow operation.
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7 cultural issues that drive insurance sales success
Kevin Trokey | April 24, 2018
Until the appropriate cultural foundation is laid down, no amount of tactical or process-driven solutions will ever make a sustainable difference.
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Allergan agrees to settlement in alleged defective Lap-Band case
Denny Jacob | April 23, 2018
The company concealed defects by misrepresenting the cause of leaky ports to the FDA, the public, and health care providers.
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Putting a price on the risk of distracted driving
Kyle Stock | April 23, 2018
Last year, a ticket for using a mobile phone while driving added $226 to the average insurance policy, an increase of 16%, according to a new analysis from The Zebra, a Texas-based startup that helps consumers weigh insurance rates.
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Latest climate threat for coastal cities: more rich people
Christopher Flavelle | April 23, 2018
Hurricanes and floods disproportionately damage lower-cost homes, which tend to be older and more vulnerable to water and wind.
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Hello, Siri: Voice-activated devices enter the world of insurance
Aviva Phillips | April 23, 2018
The increased popularity of AI is providing insurers with new options to interact and collect information from policyholders for claims and other services.
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Another Madoff victim loses bid for insurance coverage
Steven A. Meyerowitz | April 23, 2018
A federal district court has ruled that a victim of the Madoff Ponzi scheme could not recover from her insurer the $3.375 million she paid to settle claims brought by the Madoff bankruptcy trustee, or the nearly $800,000 in attorney’s fees she spent in litigation with the trustee.
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Disaster proof your pocketbook in 3 steps
Jayleen R. Heft | April 23, 2018
Planning now for what you’ll do after an emergency will make recovery that much easier.
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Insurance marketing: It's not about piling up strangers' email addresses
Jeremy Nason | April 23, 2018
A sales veteran talks about how marketing differs from calling everyone in a given area code till you're hoarse.
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