Month: July 2024

Navigating the Complex World of High Net Worth Insurance Lorrie Baldevia, platform president at AssuredPartners, discusses the intricacies of serving ‘upper echelon’ clientele in the realm of high net worth insurance. While the traditional insurance policies cater to the broader public, the affluent require bespoke solutions tailored to their unique lifestyles and assets. Life Insurance: […]

Search Underway for Top Insurance Agents and Brokers 2024 Insurance Business magazine has kicked off its annual search for America’s leading insurance agents and brokers for 2024. This year, the focus shines not only on general coverage but also on the critical sub-topics of life insurance, including Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance, as […]

Navigating Insurance Claims After Illinois Weather Devastation: Association Issues Timely Advice In the wake of recent devastating weather events in Illinois, the process of initiating and navigating insurance claims has taken center stage for affected residents. Life insurance, often overshadowed by more immediate concerns like property and auto insurance, plays a crucial role during such […]

Prosecutors Urge Judge to Reject Greg Lindberg’s Petition for a New Trial In a critical development, prosecutors have urged a judge to reject the petition for a new trial by Greg Lindberg, a prominent figure in the insurance industry. Lindberg has been embroiled in legal controversies, raising discussions around the role and importance of life […]

Diana Babbitt Obituary (1946 – 2024) The city of Salem, NH mourns the loss of Diana Babbitt, whose long-standing contribution to John Hancock Life Insurance Company in Boston left an indelible mark on the industry. Babbitt joined the company after high school and dedicated her entire career to the firm until her retirement in 2002. […]

Fed’s Beige Book Shows Economy, Inflation Cooling In a recent report from the Federal Reserve’s Beige Book, indicators suggest that the U.S. economy is showing signs of slowing down and inflation pressures appear to be easing. This development provides a crucial moment for individuals and businesses to evaluate their financial security and consider the benefits […]

Launching an Insurance Agency in Texas: An Emphasis on Life Insurance Starting an insurance agency in Texas, one of the largest markets in the US, demands strategic planning and thoughtful execution. One critical component of any successful insurance business is a comprehensive understanding of life insurance and its myriad benefits. Lifetimeinsurance.org offers extensive resources on […]

Understanding General Public Liability Insurance and Its Benefits for Businesses The importance of securing financial stability for businesses cannot be overstressed. General Public Liability (GPL) insurance offers a crucial safety net by providing coverage against the financial repercussions of costly lawsuits. But how does this insurance work, and what does it cover? What is General […]

With Cyber Attacks on the Rise, What Can Businesses Do About It? – Insurance News The surge of cyber attacks has placed businesses in a precarious position. As cyber criminals evolve their tactics, companies are scrambling to shore up their defenses. However, cybersecurity isn’t just about technology; insurance plays a pivotal role in mitigating risks […]

In a precedent-setting ruling, the court has elucidated the responsibilities of insurance carriers in disclosing deductibles and subrogating claims. The court’s decision has far-reaching implications for policyholders and the insurance industry, primarily focusing on homeowners’ fire insurance claims. However, it also presents an opportune moment to explore how life insurance policies can provide additional benefits […]