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DOL Releases Long-Awaited Guidance on Health Insurance… IIAT

WEBSection 202 of the December 2020 omnibus government funding legislation signed into law by former President Donald Trump included new compensation …

Actived: 9 days ago

URL: https://www.iiat.org/texas-agent-news/dol-releases-long-awaited-guidance-on-health-insurance-compensation-disclosure-requirements

Independent Insurance Agents of Texas IIAT

WEBE&O Insurance. Learn About E&O Insurance. Protect your agency with tailored professional liability insurance options available through IIAT Advantage E&O. Affordable, customizable E&O Coverage. Exclusive relationships with top E&O carriers. More than 25 years of servicing Texas agencies. Let Us Advocate for You.

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Texas Insurance Continuing Education Requirements IIAT

WEBMost licenses require 24 hours of continuing education every two years. Some license types require specific topics to be included. Three hours must be ethics-related. At least half of …

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Texas Insurance Licensing IIAT

WEBThe General Lines licenses are the broadest. The General Lines Property and Casualty license allows you to sell auto, home and business insurance. The General Lines Life, …

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How to Start an Independent Insurance Agency in Texas IIAT

WEBStep 1: Lay the Groundwork. Do the research and make the necessary preparations to set yourself up for success. Learn about the independent insurance industry. If you have worked at a “captive” agency, you’re ahead of the curve. But there are plenty of differences between captive and independent agencies.

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Texas Insurance Pre-Licensing IIAT

WEBGet Licensed. Self Study or Take an Exam Prep Class. Schedule & Pass the Exam. Get certified from your home or office. Take your Texas Department of Insurance exam …

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Health Insurance Compensation Disclosures for Agents, …

WEBDirect compensation is money paid to you by the plan itself. Indirect compensation is money paid to you or things of monetary value provided to you by someone other than the plan …

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Texas Insurance Education & CE IIAT

WEBView IIAT's Education Calendar. We offer a variety of ways for Texas insurance agents to earn CE. Pick your preferred learning style. “I always refer our agents to IIAT because of …

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Texas Insurance Markets for Your Clients IIAT

WEBWe connect independent agents to insurance companies, allowing them to offer more (and better) options to prospective customers. “When I first started my Insurance Agency, the …

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Insurance Agency Marketing & Advertising in Texas IIAT

WEBAdvertising your agency—and positioning it competitively in the market—is fundamental to your future success. Without targeted, compelling marketing and advertising for your …

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E&O Insurance for Insurance Agencies IIAT

WEBIf a customer claims that your agency was negligent or inadequate, Errors and Omissions insurance (E&O) offers professional liability coverage—mitigating the financial loss to …

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Overview of the Independent Insurance Agency System

WEBThe agent or the agency (if a corporation or partnership) has a contract of representation with an insurance company that grants them authority to bind coverage under that company for a customer, up to stipulated limits. The agent’s binder, which could be verbal or written, is a legal agreement to put an insurance policy into place beginning

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Legal Responsibilities of an Insurance Agent IIAT

WEBAn insurance agent who agrees to provide insurance to an insured owes a duty to use reasonable care to obtain adequate insurance to meet the insured's needs. Failure to maintain requested insurance. An insurance agent owes a duty to inform the insured when a renewal policy contains coverage changes. Failure to inform insured of renewal.

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Fees Charged by Agents IIAT

WEBThe laws and rule mention five types of fees that can be charged by agents: (1) Agent Fee—Can be charged in lieu of or in addition to commission, for services you agree to …

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