The Orange Umbrella

Resources for the modern insurance agent, by Precise Leads

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Research Shows that Social Security Makes up the Majority of Most Americans' Retirement Income

Social Security was meant to supplement retirees’ income, but many Americans rely heavily on their monthly checks.

Why your #insurance clients need more than #SocialSecurity to fund their #retirement.

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Insured Losses from Hurricane Florence Predicted to Reach $2.5 Billion

While the Carolinas are still recovering from the effects of Hurricane Florence, several risk modeling firms have estimated insured losses in the billions.

#HurricaneFlorence may have caused $2.5 billion in #insured losses in #SouthCarolina and #NorthCarolina:

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AIG Moves to Purchase Glatfelter Insurance Group Before the End of the Year

After its Validus acquisition, AIG is eyeing another specialty insurer, Glatfelter, to grow its business lines in new areas.

AIG follows up Validus acquisition by putting a deal in place to buy specialty #insurer Glatfelter.

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Precise Spotlight: TJ Staelgraeve

TJ Staelgraeve once worked in the auto industry. Now, he manages a successful auto insurance agency.

Allstate agent TJ Staelgraeve found a new career in #insurance after working in the auto industry.

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Insured Losses from California's Carr and Mendocino Wildfires Reach $845 Million

The wildfires that swept through Northern California this summer destroyed some 8,800 homes — and the threat isn’t over yet.

California’s Department of Insurance comes out with #insured loss estimate from this summer’s Northern California #wildfires.

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House Passes Four Medicare Bills — Here's What Agents Should Know

The House has approved four bills to streamline Medicare procedures, but will the measures get support in the Senate?

#Medicare set for revamp under 4 bills passed by House.

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Research Shows More Than 75% of Married Retirees Unprepared for Widowhood

Sadly, the loss of a spouse sometimes leaves loved ones with little knowledge of their financial affairs.

Merrill Lynch researchers found many #retired spouses are unsure about their finances if left on their own.

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Hanover Insurance Inks $950-Million Deal to Sell Chaucer Specialty Unit to China Re

Once Chaucer is officially sold, Hanover will focus on its U.S. property and casualty business.

Hanover Insurance shifts to U.S. P&C business after agreeing to sell its global specialty #insurer Chaucer to China Re for $950 million.

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What the GOP's New Tax Bills Might Mean for Your Clients

The GOP’s Tax Reform 2.0 package would allow more companies to offer retirement plans while also making individual tax cuts permanent.

Will the #GOP’s #TaxReform 2.0 package change how Americans save for #retirement?

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Research Shows Why Older Drivers Need to Talk Safety with Their Families

As drivers age, it’s important that they sit down with their families and medical providers to discuss safe habits on the road.

AAA auto reports urges more seniors to discuss their driving habits with family members and physicians.

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Research Shows 43% of Workforce Spending in Insurance Goes to Gig Workers, Outsource Providers

There are some 41 million independent contractors working today and the insurance industry has employed its fair share.

#Insurance industry executives want independent contractors to work for them — and they are.

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Tokio Marine Acquires Minority Stake in Hollard as it Expands Presence in Africa

Tokio Marine is expanding into what it sees as promising growing markets.

Tokio Marine grabs minority stake in South Africa’s Hollard insurance to enlarge its international footprint

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Car Insurance Survey Reveals How Consumers Compare Quotes and Shop for Coverage Online

New research can give agents insight into how prospects are seeking out the coverage they need.

Here’s what the Clearsurance survey says about the online #autoinsurance buying experience.

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Frequent Flooding and Storms Have Wiped Billions from Atlantic Coast Property Values

Floods have a lasting impact on properties even after water levels have lowered.

Due to floods and storms, eight states along the Atlantic coast saw seaside property values drop by more than $14 billion.

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Amazon, Berkshire Hathaway, and JPMorgan Chase Joint Healthcare Venture Finds COO

Amazon, Berkshire Hathaway, and JPMorgan have appointed a corporate executive experienced in healthcare administration to help manage their joint venture.

Amazon, JPMorgan, and BerkshireHathaway make major executive appointment for the partners’ joint employee healthcare plan.

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New Survey Shows Fixed and Variable Annuity Sales are on the Rise

With the Department of Labor’s fiduciary rule cleared up and the Fed planning to raise interest rates, insurance agents, advisors, and insurers are enjoying increasing revenues from annuity sales.

With a rise in interest rates on the horizon, is now the time to sell #annuities?

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Apollo Global Management to Acquire Aspen Insurance for $2.6 Billion

Apollo Global Management’s latest private equity investment in insurance gives it a Bermuda-based reinsurer.

Private equity firm Apollo Global Management signs agreement to acquire Bermuda-based #reinsurer Aspen Insurance Holdings for $2.6B.