The Dec Page
Some flood policyholders have been receiving incredible premium increases in their flood as a result of the Biggers-Waters Act. The increases have been concentrated in flood prone areas, but the rate increases have caught property owners by suprise. Congress has reached a deal that could delay those increases by as much as four years.
The Associated Press estimated that $684 million will be spent annually to market and promote Obamacare. That’s quite a budget!
We’ve seen a lot of creative marketing campaigns to sell insurance. Who doesn’t love the GEICO gecko’s accent? Then there’s the helpful and overly perky ‘Flo,’ who has over 5 million Facebook fans from selling Progressive insurance. My personal favorite is ‘Mayhem,’ who impersonates everything from a faulty bungee cord to a hot female jogger to show people why they need Allstate insurance.
At the Allegiance Bank Texas ACA seminar, I was asked to take out my "crystal ball" and predict what might be coming down the line for the ACA. I answered that my track record on predicting the ACA is pretty poor. Of course, that did not stop me from making some vague comments about what might change with the ACA.
Adams Insurance Service is proud to be a part of American Subcontractors Association Houston Chapter’s education series. Our Vice President of Risk Management, Mike Macomber, will present two of these five free 60 minute sessions hosted by industry experts.