Lloyson’s insurance business is coping in a way that is not uncommon.Its customers are struggling to keep up with the Brexit uncertainty.The firm is struggling to meet its monthly payments, which have increased sharply, and to absorb more and more of its customer base.And it is not just customers that are struggling.Insurance broker Brian Sallman,…
Tag: insurance broker news
Federal watchdog: ‘There’s no reason’ to pay for ‘overpriced’ health care
Insurers are taking advantage of a loophole in a federal law that allows them to sell insurance for higher prices, a watchdog group said Monday.Insurers are paying premiums for policies that are too expensive and sometimes for policies they can’t afford, the American Medical Association said in a report.Insurance broker groups, including Blue Cross Blue…
Farmers Insurance to offer more flexible insurance plans – New Scientist
The European Insurance Bureau (EIB) said on Thursday that it is expanding its offer of “compromise” insurance policies for farmers, in response to the European Union’s (EU) move to introduce a more flexible system of insurance.The EIB’s decision comes in response the EU’s decision to scrap its current system, which has been in place since…