What is New York State Regulation 187?

What is New York State Regulation 187?

2020 brought some changes in how life insurance and annuities are sold in New York. February 1 saw a new statewide regulation asking more of life insurance producers and carriers while aiming to serve the best interests of policyholders. Regulation 187 was finalized...
Renters Insurance—Necessity or Choice?

Renters Insurance—Necessity or Choice?

Renters insurance isn’t usually required, but it’s a logical choice. And some landlords arrange leases so the decision is already made. Can landlords force tenants to have renters insurance? Many individuals feel it should be the tenant’s prerogative if they want to...
Why Many Millennials Don’t Buy Life Insurance

Why Many Millennials Don’t Buy Life Insurance

Millennials have immense spending power, but they don’t tend to use it on life insurance policies This year saw Millennials overtake the Baby Boomer generation to become the largest age demographic in America. Numbering just over 70 million at the last U.S....
Uncovering Unclaimed Life Insurance

Uncovering Unclaimed Life Insurance

Learn why billions in life insurance benefits are slipping through the cracks and how to track them down. At NICRIS, we’re concerned with the number of people who don’t have life insurance in place. But what may be more worrisome is when they do have it, but the...