Kansas City, MO – Forrest T. Jones & Company (FTJ) announced that it has completed an agreement with Arch Insurance Company to serve as the Program Administrator for Arch’s accountants professional liability insurance program. FTJ will market, underwrite and administer the program under its ProDefender™ product line to CPAs and CPA firms with annual revenues up to $5 million. The program will be offered to eligible accountants on an admitted basis in 28 states. ProDefender’s comprehensive coverage is designed to meet the needs of CPAs and CPA firms performing a…
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First-Time Homeowners Are Still Making These Common Insurance Mistakes
Buying a property for the first time is confusing as it is. There are a lot of things to understand in order for a first-time buyer to complete the process of purchasing a property smoothly. Of course, finding the right property to buy is only the beginning. First-time homeowners need to complete the necessary steps to secure financing and complete the transfer of ownership. There is another part of that equation, and that is securing a homeowner’s insurance. Buying home insurance for the first time also means doing a lot…
Read MoreInvestors call for private sector to mobilize against climate change
Despite controversy, the issue of climate change is gaining serious momentum with various industries. During a session of the United Nations last week, a group of investors with a collective $26 trillion under management, took a stand on the issue, claiming that the private sector needs to be more involved in protecting the environment and that no singular government can solve the problem. The collective group is comprised of insurance professionals, government officials and business leaders from all over the world. Few governments have taken the issue of climate change…
Read MoreInstitute of Medicine submits recommendations for national health care package
The Institute of Medicine, a non-profit independent organization comprised of medical and insurance professionals, has submitted recommendations to the federal government concerning a health care initiative that would make basic benefits available to all Americans. The organization was tasked by Congress to determine action regarding the initiative earlier this year. Researchers have been examining the potential impact the plan would have on the nation’s economy and how it would synergize with the overarching health care law. According to the Institute, such a plan is well worth the effort. According to…
Read MoreDisability Insurance Services unveils Great Getaway Giveaway sales contest
The largest disability insurance solution provider in the country, Disability Insurance Services (DIS), has announced the upcoming start of its Great Getaway Giveaway sales contest for financial planners, insurance agents, and independent marketing organizations (IMOs). It will allow DI insurance professionals to win a trip to any destination on the planet and will begin on October 10, running through November 11. Dan Steenerson, the president of Disability Insurance Services, said that the goal of the insurer is to make sure that every American’s paycheck is securely protected. He added that…
Read MoreAmericans have a lack of trust for insurance agents, leading them to purchase less coverage
Insurance plays a vital part in protecting people against accidents, catastrophes, and illnesses to make sure that they and their families do not suffer tremendous financial hardships should any of those circumstances occur. However, many are hesitant to obtain policies because they feel that they cannot trust an agent or insurer. In the United States, the number of individual life policies that are purchased every year has fallen by 45 percent over the last quarter century, even though the number of households that include children has risen by more than…
Read MoreWith new media outlets comes new approaches for insurance education
It has been proven by Web sites like LinkedIn and Facebook that new media is great at building a community. It is for that reason that long-time insurance educators Laurie Infantino, Marjorie Segale, and Tom Jackson have partnered together to develop a resource where insurance industry professionals can get the answers they have been looking for, secure continuing educating credits, learn about insurance, and share resources in an online community setting. Insurance Community Center, The creation of Laurie, Marjorie, and Tom, is divided into two distinct parts. There is the…
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