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A recent article in Insurance Journal discusses what the Industry learned from 2017 hacks. he NotPetya, WannaCry and Equifax hacks of last year were evidence that the U.S. insurance industry has been ill-prepared to handle a large cyber attack and needs to up its game. However, as a consequence of the attacks in 2017, the industry and its customers may
As reported on Insurance Journal, the largest California insurers have so far reported more than $3.3 billion in insured losses from the October wildfire siege, now considered the most destructive fires in state history. Insurance Commissioner Dave Jones on Tuesday updated insured loss claims data provided by 15 major insurers for residential and commercial claims resulting from the October wildfires
Insurance Journal posted a story in July about an agent that stole $100,000 from clients, credit card numbers and SSN’s. He deposited them in his mothers bank account. I’ve said this once and I’ll say it again – there needs to be a higher bar for people to obtain an insurance license. This is a shame and gives our industry
Let’s face it, independent agency owners are easy targets. Ask most vendors that serve the IA channel about their clients and you’ll get an eye roll, a chuckle and a few good stories. We golf way too much, most of us don’t know how to run a business, and the carriers put up with us as a source of distribution
SACRAMENTO, Calif. – Commissioner Dave Jones today ordered the California Department of Insurance to open an investigation into recent allegations that Wells Fargo and National General Insurance improperly charged consumers for “force-placed” or “lender-placed” auto insurance for consumers who had auto loans with Wells Fargo.
This article first appeared on Insurance Journal. Anthem Inc., Cigna Corp., Health Care Service Corp. and Molina Healthcare, four of the biggest health insurers selling Obamacare plans, said they are weighing whether to pull out of more markets for 2018 rather than face financial losses. They have until Sept. 27 to finalize their plans. So far, 40 U.S. counties are
Disruption, data-driven metrics, digital marketing, leads, consumer behavior and a plethora of new terms have entered our space over the past several years. Whether the latest blog, social media post, newsletter or industry conference, these are the terms everyone is talking about in our industry today. This shouldn’t bother us at all. In fact, after working with thousands of agency owners,
NEW YORK, NEW YORK (PRWEB) OCTOBER 11, 2016 Precise Leads Inc., a NY-based customer prospecting firm specializing in generating insurance leads, is proud to announce its most recent addition to its Board of Advisors–Insurance industry veteran Stuart Ganis. Ganis will work closely with the company’s sales, business development, and marketing teams to evaluate and improve how Precise serves its network
ITC Recently ran a series of interviews with insurance professionals called This is the Way. It was a lot of fun working with their marketing team, the full interview is below. Stuart Ganis was handing out health club guest passes in a parking lot in 1989 trying to get prospects when he walked by an insurance agency. He was curious
I’ve worked in the insurance industry for more than 1/2 my life in retail, then 10 years consulting technology, marketing and other services. I’ve introduced 1,000’s of agents to technology partners, lead providers, insurance carriers, recruiters, bookkeepers; the list goes on and on. If there’s one thing I’ve learned throughout all of this time, is that insurance agencies demand excellence from