by Daniel LaLima | Aug 26, 2020 | General
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...
by Daniel LaLima | Jul 22, 2020 | Life
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....
by Daniel LaLima | Jul 10, 2020 | Life
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...
by Daniel LaLima | May 20, 2020 | Auto
Many Americans have no life insurance. A new, hybridized approach to long-term care is helping to attract new policyholders. 2019 saw 43% of Americans without life insurance, up from 41% in 2018. Expense is the number one reason, followed by perceived complications in...
by Daniel LaLima | Mar 27, 2020 | Auto
COVID-19 has impacted every business sector, and insurance is not immune. Here’s how the industry is reacting and how the pandemic is affecting policies. The world is running to catch up with the coronavirus pandemic, and in the U.S., the virus has hit New York...