Home » Fed reportedly considers capital standards for insurers

Fed reportedly considers capital standards for insurers

The Federal Reserve and the largest U.S. insurers have discussed a plan to establish nationwide minimum capital standards, sources say. The proposal reportedly would give the central bank a single benchmark for measuring risk and would leave the state-based system of insurance regulation largely unchanged. Reuters

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Case study: Building a business while beating cancer

Todd Bury of the Bury Financial Group wasn’t about to let cancer stop him from working. During nine-hour chemo sessions, he was on the phone with clients. “It was therapeutic for me,” he said. In November, he was told he was in remission. ThinkAdvisor

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Register for the June Solutions Session — “Speaking Your Client’s Language: Understanding Personality-Based Selling”

How good are you at establishing a connection with prospects and clients? The key to making the connection — and gaining the business — is in understanding a prospect’s or client’s personality. Once you identify a prospect’s or client’s personality type, you can adjust your communication style to build rapport….

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Commentary: Many consumers take wrong view of LTC products

Commentary: Many consumers take wrong view of LTC products Most people don’t buy long-term-care insurance because they see it an investment — rather than financial protection — that is worthless if they ultimately don’t need it, write Olivia Mitchell and Daniel Gottlieb of the University of Pennsylvania. Providers can ease…

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The unique challenges of practicing solo

Sole-proprietor professionals face “unique risks, issues and restrictions and so need to take extra precautions to protect their clients/patients, loved ones and themselves in the event of illness, disability or death,” Martin Shenkman writes. WealthManagement.com (U.S.)

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Commentary: Lead with premium cost when selling LTC insurance

Advisers and brokers should put premium cost at the beginning of their sales conversations with clients about long-term-care insurance, writes Tom Riekse Jr. of LTCI Partners. Doing so helps avoid “premium price resistance,” he writes. National Underwriter Life & Health

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Pre-Qualifying Prospective Clients

Join us for a Webinar on June 24, 2015 2:00 PM Eastern More Pre-Qualifying = Less Declines How do you ask the right questions on the first call? In this period of more declines we must do a better job of asking the right questions. Please join Nancy Dykeman as…

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