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Juliet had it right: Whats in a name? she rhetorically asks in Shakespeares play. Whats Montague? It is nor hand, nor foot, nor arm, nor face, nor any other part belonging to a man. O, be some other name!
Agents must educate, be educated, when selling variable annuities under new rules.
NRRA gaps and inconsistent state laws leave surplus lines brokers in limbo.
Another look at how to protect against these human disasters
Clients to brokers to insurers who wreak havoc on your bottom line
Learn to whom agents owe fiduciary duty and its complications
By the time this column is printed, surplus line insurers and brokers will have roughly 45 days to adjust to the biggest change to impact their business in generations. The Non-admitted and Reinsurance Reform Act (NRRA) will stand many long-held assumptions on their heads. Surplus line brokers, corporate risk managers...
Louie Castoria applies a lesson he learned from "donuts and liquor" - that two different services require different expertise and standards of care.
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