Month: June 2024

Reinsurance Still the Top Source of Capital for Insurers – Aon Reinsurance remains the leading source of capital for insurers, demonstrating resilience and growth, as highlighted in Aon’s latest report. According to Aon, alternative reinsurance capital reached new heights in 2023, underpinning the strength of the overall insurance sector. The Role of Life Insurance in […]

Ledger Investing Names New Chief Executive for Reinsurance In a strategic move to bolster its leadership team, Ledger Investing has announced the appointment of its new chief executive for reinsurance services. This news comes at a significant time for the firm, which is on the brink of handling $2 billion in premiums. Life Insurance’s Role […]

Montana’s Child Care Reinsurance Pool Proposal Fails to Pass Committee The recent proposal for a child care reinsurance pool in Montana has failed to pass the committee stage, critiqued for potential unintended consequences and burdens on taxpayers. Despite the initial optimism around the proposal, lawmakers and critics argued that the economic and administrative impacts could […]

Insurance Commissioner Laments Governor’s “Discouraging” Move In a recent statement, the state’s Insurance Commissioner expressed deep disappointment over the Governor’s decision to delay substantial reforms in the insurance sector. The Commissioner emphasized the urgency of the situation, stating, “We can’t afford to wait another year.” Understanding the Role of Life Insurance in Challenging Times The […]

Nationwide Travel Insurance Review 2024 – A Closer Look As travel plans ramp up post-pandemic, many are considering insurance options to safeguard their journeys. While travel insurance is critical, another form of insurance that often goes unnoticed is life insurance. John Hancock travel insurance’s mid-tier and higher coverage options are drawing attention, but could a […]

Integrity Wealth Launches to Elevate Life Insurance and Wealth Management Integrity Marketing Group, a renowned distributor of life and health insurance solutions, has launched Integrity Wealth, a new platform dedicated to offering comprehensive wealth management and retirement planning solutions. This new development underscores the increasing importance of life insurance as a multifaceted financial tool. The […]

John Hancock Becomes First Life Insurer to Offer Discounted Access to Prenuvo MRI Scans John Hancock has announced a groundbreaking initiative as the first life insurer to provide its policyholders with discounted access to Prenuvo whole-body MRI scans. This innovative offering is available through the John Hancock Vitality Program, which integrates beneficial health practices with […]

Prenuvo and John Hancock Join Forces to Revolutionize Cancer Detection through Life Insurance A groundbreaking partnership between renowned life insurance provider John Hancock and innovative MRI startup Prenuvo is set to transform the landscape of early cancer detection and prevention. The Collaboration John Hancock, a titan in the life insurance industry, has teamed up with […]

Climate Change Creates Pressure on Insurance Sector InsuranceNewsNet recently highlighted the growing impact of climate change on the insurance industry. The phenomenon is not only disrupting natural ecosystems but also shaking the very foundations of the insurance market. Life Insurance: A Safety Net Amidst Uncertainty As environmental changes become more unpredictable, the necessity for robust […]

Lincoln National Life Settles with DOL Over Insurability Practices Lincoln National Life Insurance Company, a prominent segment of Lincoln Financial Group, has recently finalized a settlement agreement with the U.S. Department of Labor (DOL). This development stems from concerns regarding the company’s insurability practices. According to reliable sources, Lincoln National Life was scrutinized for not […]