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Millennials’ Enthusiasm Paints Rosy Future for Insurance Industry

Millennials who work at independent insurance agencies are so enthusiastic about their industry, that the vast majority – 82 percent -- are encouraging their friends and family to also get into the line of work, [...]

By | October 11th, 2017|Categories: News Alerts|0 Comments

DFS Offers Guidance on Cyber Reg. Compliance

In response to frequent interested-party requests for guidance, including from NAIFA-NYS, regarding how to comply with the new cyber-security regulation, the DFS recently released answers to two critical concerns:  (1) whether certain covered entities can file notices [...]

By | September 19th, 2017|Categories: News Alerts|0 Comments

Americans Aren’t Buying Life Insurance, But Why?

A recent survey of 1,001 adults finds that 37 percent of them do not have life insurance, and nearly 60 percent of that group thinks the coverage is just too expensive.  Those without life insurance also tend to [...]

By | July 25th, 2017|Categories: News Alerts|0 Comments

McConnell Says Obamacare “Limited” Reform Must Take Place, if Full Repeal Isn’t Possible

Seeming to acknowledge that Senate legislation to "repeal and replace" the Affordable Care Act (a.k.a. Obamacare) faces insurmountable odds, Senate President Mitch McConnell pushed during a speech in his home state, Kentucky, for more limited [...]

By | July 7th, 2017|Categories: News Alerts|0 Comments

Nevada Sets Its Own Fiduciary Rule for All Financial Planners

Not satisfied with the federal Dept. of Labor (DOL) fiduciary rule, Nevada is imposing - effective July 1, 2017 - its own fiduciary standard on all "financial planners," which under the new law will include [...]

By | June 19th, 2017|Categories: News Alerts|0 Comments

No Delay for DOL Fiduciary Duty Rule – Requirements Kick in on June 9

Newly minted Department of Labor (DOL) Secretary Alexander Acosta announced on May 23 that the DOL will let initial implementation of the rule, first slated for April 10, go forward.  Writing in a Wall Street Journal op-ed, Acosta also said that DOL [...]

By | May 23rd, 2017|Categories: News Alerts|0 Comments