Month: August 2024

Higginbotham Expands in Southeast with Cassidy & Company Partnership In a strategic move poised to enhance life insurance planning, Higginbotham has announced a new partnership with Cassidy & Company, significantly extending its influence and service offerings across Florida and the Southeast. This collaboration aims to provide comprehensive life insurance solutions tailored to meet various personal […]

IFRS 17 Sparks Changes in 2023 Global Reinsurance Rankings New standards in financial reporting have significantly impacted the global reinsurance industry in 2023, leading to a shake-up in the rankings. The Introduction of IFRS 17 The International Financial Reporting Standard (IFRS) 17 came into effect this year, ushering in a new way of looking at […]

Understanding Treaty Reinsurance and the Factors That Influence It When navigating the complex world of insurance, one may often overlook the critical role of reinsurance, particularly treaty reinsurance. But what drives insurance companies to purchase treaty reinsurance, and how does it benefit them? According to a recent report by Insurance Business Magazine, treaty reinsurance stands […]

Redline Launches New Property Reinsurance Solution for Latin America and the Caribbean Redline has announced the launch of a new property reinsurance solution specifically designed for Latin America and the Caribbean, providing up to $5 million in coverage. This development marks a significant step in bolstering financial protection in the region. The Importance of Life […]

Allstate Announces Massive Home Insurance Rate Increase Allstate, one of the leading insurance providers in the United States, has announced a significant rise in home insurance premiums. This is reported to be the largest hike in the last three years, according to an article by Insurance Business Magazine. With this development, homeowners are expected to […]

Dive In 2024 – DE&I Journeys Amid a Milestone Celebration The much-anticipated Dive In 2024 event has returned, promising an expanded platform for discussions surrounding Diversity, Equity, and Inclusion (DE&I). As the insurance industry gathers to celebrate this milestone, the spotlight will not only be on DE&I but also on how life insurance can play […]

Frances DeCoste: A Life Dedicated to Service and Security Frances DeCoste, known for her unwavering dedication and hard work, recently passed away. In her distinguished career, she worked with the John Hancock Insurance Company as a clerk and served as a training coordinator at Prudential Insurance. Her roles in these companies exemplify the significance of […]

Mary Buckley Obituary and Online Memorial Legacy of Service and Financial Insight Mary Buckley, a dedicated administrative assistant, rendered many years of devoted service at the Eastern States Farmers’ Exchange. Her career later flourished at Mass Mutual Life Insurance, where she contributed significantly until her passing in 2014. The Importance of Life Insurance in Protecting […]

Audit Reveals Gaps in Citizens Property Insurance’s Underwriting Controls An audit of Citizens Property Insurance has uncovered significant gaps in their underwriting controls, leading to more than 1,800 policies surpassing state-mandated coverage limits. The findings raise critical questions about policy compliance and risk management within the insurance giant. The Importance of Life Insurance In light […]

Short Interest in John Hancock Financial Opportunities Fund (NYSE:BTO) Expands By 647.1% The short interest in John Hancock Financial Opportunities Fund (NYSE:BTO) has surged by a staggering 647.1% recently. This significant increase comes as market analysts forecast varying fortunes for this financial heavyweight. Investors are keenly observing the fund’s performance, as the expanded short interest […]