The News Review:
- DTCC Provides New Online Access Tool to Insurance Customers
- Be wary of high-yielding ‘certificates of deposit’ offered by non …
- The health care promise Obama is bound to break
DTCC Provides New Online Access Tool to Insurance Customers
MarketWatch
Since insurance is regulated at the state level, each state has
different licensing regulations for agents appointed by carriers to sell
insurance products. The LNA solution, launched in 2001, automates and
standardizes the two-way flow of agent information between carriers and
distributors related to state licensing and appointment requirements. LNA Access allows distributors to manage appointments from start to
finish in one application directly online, almost entirely removing the
need for manual intervention by the carrier. Raymond James is one of the leading pilot firms in the implementation of
LNA Access.
Be wary of high-yielding ‘certificates of deposit’ offered by non …
MarketWatch
If you’re not extra careful, you could wind up with an investment you don’t want — or find yourself a victim of outright fraud. Don’t assume that all promotions for CDs are from FDIC-insured institutions, or that all investments advertised by FDIC-insured banks are insured products. Insurance agents and brokers, for example, may advertise high-yield CDs to get you in the door, then try to sell you fixed annuities or other income investments. And with the investment banks becoming bank holding companies, more ads for securities soon may resemble those for FDIC-insured CDs.
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The health care promise Obama is bound to break
USA Today
Bush or Bill Clinton. Here’s one campaign promise President-elect Barack Obama is virtually guaranteed to break: He’ll cut health insurance premiums by. That promise was a centerpiece of Obama’s health care pitch to voters. But a closer look at his plan shows that he will have a very difficult, if not impossible time, making good on that vow.