Laura Thompson
Posts by Laura Thompson:
DBS Names Tiffany Gross as Vice President, Chief Underwriter
Diversified Brokerage Services (DBS) is thrilled to announce that Tiffany Gross has been named its new Vice President, Chief Underwriter, reporting to Leah Mahoney, FLMI, PCS, NCCM, Executive Vice President, Operations. Tiffany is an exceptional addition to the team and is well-positioned to lead the Underwriting Department to greater success and innovation, ensuring continued growth […]
Jason Byers Joins DBS as Regional Sales Director for South Territory
Industry Veteran Brings Over Two Decades of ExpertiseDBS is excited to announce the addition of Jason Byers to the team as the new Regional Sales Director for the South Territory. With an impressive career spanning over twenty years in the insurance industry, Jason brings a wealth of knowledge and experience to this role.A Utah native, […]
It’s Time to Change the Focus of ‘Buy Term, Invest the Difference’ Arguments
If you have spent much time listening to financial pundits, you are probably familiar with the phrase “buy term and invest the difference.” This hotly contested concept has been widely discussed in the financial industry for years.1Proponents of this strategy believe that you should purchase a term policy, then invest the difference in premium between […]
Estate Planning for Parents of Children with Special Needs
Situation: Couples with young children often have a variety of insurance needs. The Foremost reason young couples should purchase insurance is to make sure to replace lost income, both in the event of a premature death or disability, and payoff mortgage and debts. Within this segment you may find some raising a child with special […]
2025 Annuity Overview
Fixed Index Annuities (FIAs) and Multi-Year Guaranteed Annuities (MYGAs) are retirement products with unique benefits. FIAs provide growth potential linked to market indices while protecting your principal, making them ideal for those seeking moderate returns with market downside protection. They often include optional features like guaranteed lifetime income riders.MYGAs, on the other hand, offer a […]
The 119th Congress Faces Significant Challenges
Situation: President-elect Donald Trump and his allies have articulated ambitious plans for his administration’s first 100 days in office. Yet despite winning a Republican trifecta, lawmakers will face significant challenges to enacting its agenda.In the House, Republicans will have a small majority because three lawmakers are expected to resign, bringing the number of Republican seats […]
Collateral Assignments for Loan Indemnification
by Terri Getman, JD, CLU, ChFC, RICP, AEP (Distinguished) Situation: Typically, this monthly publication focuses on technical life insurance concepts. However, this month we are taking a slightly different direction to describe how a collateral assignment of a life insurance policy can be used to help secure a loan from a bank or other lender. […]
Diversified Brokerage Services, Inc. Launches New Annuity Division
Minneapolis, MN – Diversified Brokerage Services, Inc. (DBS), a leading provider of insurance brokerage services, is thrilled to announce the launch of its new Annuity Division. This strategic addition is set to enhance the support provided to financial advisors and their clients, reinforcing DBS’s commitment to innovation and excellence in the life insurance industry. The […]
Connelly Decision – Who Needs to Know
The recent June 6, 2024, Supreme Court decision in Connelly v. Commissioner will significantly impact the following business owners:Business owners with stock redemption/ entity purchase buy-sell arrangements. These are arrangements where the business agrees to purchase the interest of a deceased owner.Owners where they are the insureds on a business owned life insurance policy. In […]