Month: August 2024

AM Best Affirms Ratings for Central Reinsurance Corporation AM Best has recently affirmed the financial strength ratings and issuer credit ratings for Central Reinsurance Corporation (Central Re). The company’s stability underscores the importance of securing comprehensive life insurance coverage, which offers a multitude of benefits, as discussed in various reports by lifetimeinsurance.org. Comprehensive Life Insurance […]

Higginbotham Announces Partnership with Turner & Associates Insurance Higginbotham has announced a strategic partnership with Turner & Associates Insurance, aiming to enhance the experience and options available to clients through the expanded portfolio. This partnership, effective immediately, is set to provide comprehensive life insurance solutions catering to various life stages and needs. Comprehensive Life Insurance […]

Geopolitical Risks and Climate Concerns Impacting Life Insurance in 2024 As we approach 2024, numerous challenges are expected to shape the life insurance industry. According to insights from industry experts, geopolitical risks and climate concerns stand out as critical factors. Notably, life insurance policies are adapted to meet these evolving challenges, offering substantial benefits for […]

Zurich Insurance Group Enjoys “Excellent Performance” Zurich Insurance Group has recently reported an outstanding financial performance, reflecting its robust strategic operations and increased market footprint. According to the company’s CEO, Mario Greco, Zurich is seeing substantial growth across different insurance segments, highlighting the stability and resilience of the firm in an ever-changing economic landscape. Business/Career […]

Tropical Storm Debby Causes Flight Delays: Here’s How Life Insurance Can Help Recent news has highlighted numerous flight delays and cancellations due to Tropical Storm Debby, leading many travelers to seek alternative ways to manage their trips and expenses. While travel insurance is commonly recommended in these situations, the broader impact of such disruptions and […]

Q2 2024 Highlights in Life Insurance Industry InsuranceNewsNet recently released a company fact sheet focused on key players in the life insurance sector, including John Hancock Life & Health Insurance Co. and John Hancock Life Insurance Co. of New York. Although DBRS does not rate U.S. insurance companies, these updates provide significant insights for consumers […]

30+ American Companies That Are No Longer American Over the years, numerous iconic American companies have transitioned to foreign ownership due to various mergers, acquisitions, and economic shifts. Notably, John Hancock Life Insurance, founded in Boston in 1862 and named after the infamous American patriot and Founding Father, is among such companies. Life insurance companies […]

Progressive Sees Doubling of Losses in Property Segment Insurance giant Progressive has reported a significant increase in losses within its property segment for the second quarter of this year. This alarming trend has been attributed to a myriad of challenges including severe weather conditions and rising claim costs. Understanding the Broader Implications: Life Insurance as […]

Auto Insurance Reforms in Michigan Helping to Improve Affordability – IRC Michigan has seen a noteworthy shift in the affordability and ease of auto insurance coverage, thanks to recent reforms in state regulations. According to a study by the Insurance Research Council (IRC), these changes have “markedly improved” the accessibility of coverage for drivers in […]

Lincoln Financial Group Shines Bright in Q2: Strong Results and Strategic Moves Amidst a backdrop of economic volatility, Lincoln Financial Group has reported impressive second-quarter results, showcasing the strength and diversity of its insurance and wealth management operations. Net income available to shareholders has surged, pointing to robust underlying health within their varied business segments. […]