More Americans forsaking life insurance coverage

It's enough to make an insurance agent tremble: Millions of cash-strapped Americans are saving money by going without life insurance.   Ownership of life insurance has reached a 50-year low, according to industry research firm LIMRA. Thirty percent...

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How We're Transforming Insurance Sub-Sector, By Fola Daniel

Mr Fola Daniel, Commissioner for Insurance, takes Vanguard's Editor, Northern Operations, Jide Ajani, and Favour Nnabugwu, through the present state of the nation's insurance industry, the sector's preparedness for IFRS March 2011 deadline, the potentials...

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Health care law will help, not hinder, creation of jobs

Since defeat of attempts to repeal the Affordable Health Care Act, I've reflected on how little most people seem to understand about its positive effects. There are simply no words to express the importance of this act in our family right now.  ...

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Questions to ask before buying insurance policy

Each time you plan an insurance scheme, take a precaution since there is no recourse for financial loss resulting from misrepresentation by a sales agent.   Misrepresentation occurs when an agent gives false information either fraudulently or...

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FOS clarifies marine insurance issues

The Financial Ombudsman Services (FOS) has issued a technical note covering some of the issues that arise in relation to complaints involving marine insurance policies.   The Service says it deals with around 100 complaints involving small craft...

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