Employee Spotlight: Joe Peterson
Get to know Joe Peterson, what brought him to Lewis & Ellis, and how he solves client issues with his team.
Why Is Life Insurance Important?
Learn why life insurance is important and how Lewis & Ellis can help insurance companies create competitive coverage packages for clients.
Employee Spotlight: Josh Hammerquist
You might not think so, but analytical thinking plays a huge role in football, which may be why Josh Hammerquist,…
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How can life insurers increase business in the coming year?
The improving economy is likely to continue to provide the life insurance industry with more chances for improvement over the course of 2014, as consumers continue to feel better about their individual financial standings and return to protecting themselves and their loved ones with this type of coverage.
Small businesses dealing with canceled health insurance under ACA
One of the biggest headline grabbing problems for the Patient Protection and Affordable Care Act in the past few weeks is the fact that millions of Americans have had their health insurance plans canceled because they did not meet certain requirements set forth by the law.
Florida cracking down on life insurance companies
Florida, along with other larges states like California and New York, is making sure that insurance companies are regularly searching for unclaimed death benefits.
Employee benefits program drawing ire at Penn State
While many companies and workers alike have been able to find numerous positives from employee benefit plans that reward healthy behavior, it seems that one problem some may have actually comes in implementing them, as was highlighted by a recent case in Pennsylvania.
Are life insurers doing enough to reach Generation Y?
Life insurance companies are looking for new ways to increase business as a consequence of the decline in interest in such products resulting from the recession. As older Americans began to view these policies as being extraneous, rather than necessary, it might be time to turn the focus to the generation which will eventually replace them.
Investigation uncovers $1.1 billion of unpaid life insurance benefits
Regulatory efforts on the part of numerous agencies at both the state and federal levels in the last few years have focused particularly on various parts the insurance industry, and just such an initiative in New York recently resulted in a number of life insurance companies having to turn over more than $1.1 billion in unclaimed life insurance benefits.
Minnesota becomes the latest state to adopt NAIC annuity model
In May, lawmakers in the state of Minnesota became the latest group of legislators to officially adopt a version of the suitability in annuity transactions model put forth by the National Association of Insurance Commissioners in 2010. They did so without a need for the governor's signature.
More workers to receive benefits through healthcare exchanges
The Affordable Care Act has already fundamentally changed the way in which employers will provide health insurance coverage to their workers in the future, but new data suggests the same may be true of other benefits as well.
Higher rates could pose problems for life insurers
Persistent, low interest rates have wreaked havoc on many life insurers' bottom lines in the last few years, but now that rates are starting to rise, that could create a different type of concern for these companies. As such, many may want to assess all of their investment options before making any major decisions.
Young people key to ACA success, but desire to enroll is in question
The Affordable Care Act's coverage mandate goes into effect at the start of next year. Because of this looming date, many are now turning their attention to young people's reaction to the idea that they have to carry insurance policies, which most do not currently have.