Tag Archives: insurance agents

Cyber-Liability Insurance: A Tough But Necessary Sell

Cyber-Liability Insurance: A Tough But Necessary SellWhy Cyber-Liability Insurance is a Must-Have Coverage for Your Clients

The cyber-liability landscape is constantly changing. It is difficult to see and identify risks- consequently it can be a difficult sell to clients. However, it is an essential form of coverage that business owners should not be without. It is essential for agents to educate insurance purchasers about the exposure to loss and potentially devastating consequences of a cyber-breach.

There were 515 million records breached in the U.S. in 2010, according to the Privacy Rights Clearinghouse...


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New York Investigating Insurers for Hurricane Sandy Claims

New York Investigating Insurers for Hurricane Sandy ClaimsNew York Investigating Insurers for Hurricane Sandy Claims

According to PropertyCasualty360, the New York Department of Financial Services is investigating the actions of three insurers following Superstorm Sandy.

The insurers are facing claims of an alleged failure to send, or timely send and adjuster to investigate claims. Others say claims were denied over the phone and never investigated in person. New York law requires insurers inspect damaged property within 15 business days of a filed claim. That timeline was shortened on Nov. 29 to six business..


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Value of Social Media in Disaster Communication

Value of Social Media in Disaster CommunicationValue of Social Media in Disaster Communication

Facebook, YouTube, Twitter; at first glance they don’t seem to really fit with the insurance industry  It’s more easily seen as a place for connecting with old friends and sharing viral videos of cute puppies and spending way too much time looking at LOL cats. So what place could social media possibly have in the agent-insured relationship? What is the value?

The key is just that word, relationship. Social media allows a..


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