Wkb4447 wrote:
"Duh. The insurance industry isn't going to change in any meaningful way because it doesn't have to. It has legislated its entire operation into law in every state of the Union. However, there will be slow changes in how business is conducted, as technology eliminates the need for meeting the needs of the middle market with face-to-face contact and agents increasingly become part of financial firms as the "insurance partner" or "specialist," most likely with advanced degrees required. However, it will still take up to four months to get a policy in force when everything doesn't go just right. And wait until you see the many ways future agents, attorneys, and CPAs find to sell insurance in circumstances for which it was never originally intended."
In response to LTCI Watch: Insurers Do More Than Pay Claims