In our free market economy, both B2B and B2C markets benefit from competition in design, price, and service. Regulatory limitations on product choice contradict the democratic, cooperative, and collaborative business principles of credit unions. Unfortunately, the current #MichiganCreditUnionAct restricts state-chartered credit unions by mandating only one deposit insurance option, the National Credit Union Share Insurance Fund (NCUSIF). Compare this to the neighboring states of Ohio and Indiana, which has allowed the option of private deposit insurance for decades. 📢 We're in Traverse City this week for #MCUL's Annual Convention & Expo. Stop by Booth #87 to chat with Mike Baswell & David Kettlehake about our #MichiganParityInitiative (#MPI), which focuses on helping to bring private insurance to Michigan. Also, don't miss out on your chance to win a free #YetiCooler! Thank you to our #MPI Leadership Council Members for your support: Vic Pantea, Jennifer Borowy, MBA (Michigan First Credit Union), Steve Cobb (BlueOx Credit Union), Kris Lewis (Ignite CU), Scott McFarland (Honor Credit Union), Donald Mills (Alpena Alcona Area Credit Union), Carma Peters (Michigan Legacy Credit Union), Vickie Schmitzer (Frankenmuth Credit Union). Visit our website to learn more and sign our petition - https://lnkd.in/gdZFRCkP
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Corporate Hippie Connection (CHC) is a conscious living community organization and production company where a powerful group of women will come together to build a healthy mind, body and soul.
Changes have occurred at the California Fair Plan (CFP) and they couldn’t have come at a worse time. The changes at CFP have actually been ongoing but the major one occurred last year when they changed the portal that insurance agents use to quote and place fire policies. CFP, if you are a homeowner and have been on..... click on link to read full article Article by: Marc Cuniberti . . . #changes #CFP #california #californiafairplan #usa #USAToday #money #moneymindset #moneymatters #moneymanagement #moneysavingtips #moneymaker #CorporateHippieConnection #kerrytalk https://lnkd.in/dKwCaXxs
Changes to Cal Fair Insurance -
https://corporatehippieconnection.com
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As off-campus housing continues to grow, so does the risk of burglary and theft. Unfortunately, students living off-campus are a prime target due to the high-value electronics they own. At #ePremium, we understand how important it is for #students to feel secure in their living spaces, which is why we offer #rentersinsurance coverage. Our policies can help protect students' belongings and provide peace of mind to parents. For more information call 904.803.8682 #StudentHousing #Insurance #ePremium
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Insurance Costs are F'ing crazy! Here is how I avoided a $7,200 increase this year (Coastal North Carolina). 1. We started by attacking the values.. The insurance carriers increased the valuation of our buildings. Nice! Not really...Replacement costs were raised to $223 per square foot. Personally, I think I could re-build for cheaper. We were able to get it back down to it's original value. 2. We increased our deductible. We carry 3-5 months of (full) operating expenses in reserves anyways. This was a no brainer for us. Obviously, if you don't have cash in the bank - don't do this. *Bonus! We were able to lock in this policy for 5 years. I had no idea "that was a thing!"
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New Post: No one likes shopping for home or auto insurance. Here are tips to make saving less onerous. - https://lnkd.in/gymGBCbw - Shopping around for insurance has always been essential to finding the best deal and having the right coverage for unexpected emergencies. But as the costs to repair and replace possessions continue to rise — and the prevalence of extreme weather also increases — choosing an insurance carrier and coverage has become an even more important decision. - #news #business #world -------------------------------------------------- Download: Stupid Simple CMS - https://lnkd.in/g4y9XFgR -------------------------------------------------- or download at SourceForge - https://lnkd.in/gNqB7dnp
No one likes shopping for home or auto insurance. Here are tips to make saving less onerous.
shipwr3ck.com
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This is great to see. More to follow, watch this space. Policy Expert Trinity Claims R&Q Insurance Holdings Ltd Financial Conduct Authority Financial Ombudsman Service https://lnkd.in/exKKDNdv #homeinsurance #consumerduty #vulnerablecustomers #abi #associationofbritishinsurers Jo Gideon MP Rishi Sunak
MP hits out at 'unprofessional' insurers after mum's house fire ordeal
stokesentinel.co.uk
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ALERT-The FDIC final regulations will, as of April 1, 2024, change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable trust the same for determining the limits on insurance. Soon, accounts held by trust may be insured by the FDIC for up to $1,250,000, rather than the $250,000 limit on individual accounts. Under the new rules, revocable and irrevocable trusts are treated the same – the funds are insured up to $250,000 per beneficiary per FDIC insured bank. The total insured is limited to five beneficiaries, or $1,250,000, but all grantors are also covered up to $250,000.
FDIC Changes Insurance Coverage of Trust Bank Accounts
wealthmanagement.com
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Transportation Risks - Safety & Insurance Geek - #TruckInsurance #RiskManagement #TranstarInsurance #MCIEF #TRS
Thanks to #AmWINS for sharing insights on #ClaimsInflation. #EconomicTrends and #SocietalShifts are major drivers behind #increased #Settlement #Costs. #JudicialHellHoles are known issues and #HotSpots for #NuclearVerdicts. #RiskManagement is crucial, but #TortReform is essential to address underlying issues contributing to #claims #inflation. #Comments are requested. -rb #MCIEF #TRS l Transtar Insurance Brokers, Inc. l #TruckInsurance
Claims inflation – will things get worse before they get better?
insurancebusinessmag.com
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Commonwealth Land Title is proud to be a part of the FNF family of companies. In the dynamic landscape of the title insurance industry, FNF showcases financial strength and longevity. As the largest title insurance underwriter in the U.S., FNF continues to lead the market, set industry standards, and pioneer innovative solutions. Take a look at some of the numbers from our Full Year financial report. #FNF #FNFFamily #companyfinancials #financialreport #titleindustry #realestateindustry
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Florida insurers contend that the state's matching statute has been misused to inflate the loss payments of minor damage homeowners’ claims by stifling carriers' ability to facilitate repair in instances where a reasonable match could be identified. Gen Re Claims Executives Jonathan Nieman and Nick Ciabattoni explain what's happening. https://lnkd.in/eC3As9BZ #PropertyInsurance #PropertyUnderwriting
New Florida Matching Endorsements Gain Momentum
genre.com
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In 2023, many associations have faced unexpected expenses - skyrocketing insurance premiums, unanticipated repair costs, increased labor costs, and more. Financial strain has forced some boards to consider the prospect of levying a special assessment, many for the first time in the history of their communities. Check out our tips and strategies to maximize the chances of membership approval. https://bit.ly/SpAssmts
Special Assessment Tips & Strategies
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Sales Manager at Excess Share Insurance & American Share Insurance
2moIllinois is another state very near Michigan that allows credit unions the choice of using ASI's Private Insurance option. ASI can provide excellent references from credit unions where we provide deposit insurance for state-chartered credit unions.