With the announced exit of Allianz and Great American from the long-term care marketplace, which follows the exit of UNUM from the ILTC marketplace last year, consolidation in the long-term care insurance marketplace continues to occur. This consolidation, coupled with the economic downturn over the last year, creates an environment where advisors can (and should) re-evaluate their carrier/partner selection process.
The majority of workers – even those earning more than $100,000 a year – lack confidence that their employer-provided benefits would provide sufficient money if they missed work for illness or injury.
Employee benefits provider Unum has introduced a new product for small and mid-sized businesses across New York to help control costs, simplify administration and offer flexible benefits choice, the company … Read →
Zurich’s accident and health unit has acquired renewal rights to a block of accidental death & dismemberment business of Chattanooga, Tenn.-based employee benefits firm Unum.
The owners of a Perry Township, Pa,. butcher’s shop face charges of filing a false or fraudulent claim, insurance fraud and theft by deception after allegedly concealing income from one … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.