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The ACE Group

A global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, the ACE Group conducts its business on a worldwide basis with a physical presence in 53 countries.

 

PIA National and Obamacare navigator standards
PIA has filed comments with the National Association of Insurance Commissioners Producer Licensing Task Force about the Obamacare navigators. In our comments, PIA points out that since navigators are not permitted to sell, solicit or negotiate insurance, a producer license should continue to be required in order to perform those functions.
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 News You Can Use


5 ways social media is killing your business
American Express OPEN Forum
Right now, social media is slowly killing your business. Every day, it's draining the resources of your company — and that "giant sucking sound you hear" goes much deeper than you or your employees occasionally surfing the Web. While social media can be an inexpensive and effective way to market to prospects and customers, it can actually hurt your company more than it helps when not used properly.
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Use technology to know your customers — but not too well
Insurance Networking News
Consultant and contributor to INN Joe McKendrick writes: "Back in my college days, I got a call from a casual acquaintance who said she wanted to come over to my house to talk to me about something very important. While there was no way of knowing what the call was about, being the very socially awkward (if not backward) young man that I was, I was flattered at the prospect that this young woman might actually have a crush on me and was forward enough to make the first move."
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PRODUCT SHOWCASE
  Increase Your Premium Financing Profits

COST manages and operates insurance premium finance companies for clients nationwide. The COST Program™ enables you to focus on your core business - running your insurance agency or company - while increasing profits, improving customer service, controlling the finance process, enhancing market value, creating a profit center for your business, and adding to your bottom line with no extra staff or fixed expense - If you aren't earning $30,000 to $40,000 per $1mm financed contact COST today.
 


Why your website needs to work across multiple devices
By Mayur Kisani
The majority of today's users consume media on multiple screens — smartphones, tablets and TV. From checking email to surfing to tweeting about a TV show or finding out about a product, your customers are mobile and spend a considerable amount of time on these screens, away from the desktop computer. Building a website that showcases your business and products across multiple devices is the new norm. Your customers deserve a great online experience with your company, no matter what device they use.
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 Industry News from PIA Western Alliance


PIA National and the comeback of Eliot Spitzer
Weekly Industry News recently ran a story about the political comeback attempt of former New York Governor and Attorney General Eliot Spitzer. As most of you remember, Spitzer resigned in disgrace as the result of a prostitution scandal. Spitzer — as we informed you in the previous issue — is running for New York City Comptroller.
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Update: Employer mandate — 2 conflicting surveys
Fairly recently, the Obama administration shook up the business world and said the employer mandate of the Patient Protection and Affordable Care Act — the regulation that says firms with 50 or more full-time employees shall provide health insurance — will be postponed for a year until 2015.
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In the federal government we trust — NOT!
Harris Interactive looked at how much we trust the federal government. You don't need to be an expert in calculus or astrophysics to know the answer to that one. Here's what the Harris Poll came up with.
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Insurance industry moves to have courts vacate disparate impact rule
Credit Union Times
The battle over a new federal regulation barring "disparate impact" in sale of homeowner's insurance is moving to the courts. The National Association of Mutual Insurance Companies and the American Insurance Association June 26 quietly asked a federal court to vacate the rule.

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'I sure could have used life insurance': 3 true stories
Forbes
Life insurance is one of those things — you don't want to learn how important it is once it's too late. But that doesn't mean we know all the right things to do when it comes to getting a policy.

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Compliance in insurance: An industry within an industry
Insurance Networking
At times the insurance industry seems to defy gravity, growing profitably even in the direst of economic conditions. Yet, the recent announcements by both Aviva and Direct Line of job losses around 2,000 apiece are a reminder that our workforce is not immune in these recessionary times.

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TRIA renewal: Maybe next year
The insurance industry wants the Terrorism Risk Insurance Act renewed before it expires on Dec. 31, 2014. Even such staunch anti-insurance groups as the Consumer Federation of America and its leader J. Robert Hunter want TRIA renewed.
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Democrats say House farm bill flawed
The U.S. House of Representatives got down to business a week or so ago and passed a farm bill. Like the one passed more than a month ago in the Senate, this one runs five-years.
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Insurers and their risk to the global financial system
Insurers in the United States have pushed hard to not get tagged as risky to the nation's entire financial system. Under the Dodd-Frank Act, the Financial Risk Oversight Council has put the industry under scrutiny but so far has only named three insurers as risky to the U.S. financial system.
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Flood insurance reforms — delay?
The reality of the flood insurance reforms passed last year in the Biggert-Waters Act is higher premiums for those living in zones more apt to face flooding, or for homes that have multiple claims against them, or for those deemed vacation homes.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    Another Obamacare requirement delay (PIAW)
3 PIA Western Alliance events: Register now (PIAW)
Prescription for procrastination (By Michael J. Berens)
Obamacare employer mandate: Criticism and praise (PIAW)
The Obamacare waiver: Individuals — What about us? (PIAW)
Should you take on debt to grow? (by Rick Dennen, Oak Street Funding)

Don't be left behind. Click here to see what else you missed.


Wildfires:Things will not be better this summer
Look out. A group called Climate Central has been analyzing wildfire data since the 1970s and it says we're in for another very bad year.
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Dodd-Frank Act is 3: Treasury secretary — no changes
The Wall Street reforming Dodd-Frank Act is three-years old. Critics are already screaming for changes. Not so fast says Treasury Secretary Jacob Lew. He said he's speeding up implementation of the law and is asking Congress for patience.
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 Around PIA Western


Around the PIA Western Alliance States

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PIA Weekly Industry News
Colby Horton, Vice President of Publishing, 469.420.2601
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Rebecca Eberhardt, Content Editor, 469.420.2608   
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Gary Wolcott, Writer for PIA Western Alliance, 503.724.9028   

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