Month: October 2024

Protective Life’s Rich Bielen Named ACLI Chair Rich Bielen, President and CEO of Protective Life, has been appointed as the new chair of the American Council of Life Insurers (ACLI). Bielen will serve a term extending through 2026, during which he aims to champion the numerous benefits life insurance offers. “Life insurance is not just […]

Morgan Stanley Shares Acquired by KPP Advisory Services LLC: An Insight into Life Insurance Benefits In a remarkable move within the financial sector, KPP Advisory Services LLC has recently acquired shares of Morgan Stanley (NYSE:MS), underlining the ever-growing importance of sound investment strategies, including robust life insurance plans. The Manufacturers Life Insurance Company has taken […]

AI Takes Spotlight in New Insurance Hackathon by Kenya Re In an innovative move to tackle real-world insurance challenges, Kenya Re has organized a hackathon that showcases the power of Artificial Intelligence (AI) in transforming the industry. University students from across the nation have joined forces in this event, which not only highlights the technological […]

Acrisure Re Strengthens Reinsurance Team with Industry Veteran: Life Insurance Benefits Highlighted Acrisure Re has announced the significant addition of Peter Sharpe to its reinsurance team, reinforcing its commitment to delivering comprehensive risk management solutions. Sharpe, who joins with over 20 years of experience in the reinsurance sector, is set to play a pivotal role […]

Acrisure Re Bolsters Reinsurance Team with Industry Veteran In a notable move, Acrisure Re has significantly strengthened its reinsurance team by bringing aboard Peter Sharpe, a seasoned industry professional with over 20 years of experience. As organizations and individuals increasingly recognize the importance of various types of life insurance, Sharpe’s appointment underscores the broader relevance […]

Marsh McLennan Reveals $7.75 Billion Swoop for McGriff Insurance Services Marsh McLennan has announced a significant acquisition, adding McGriff Insurance Services to its portfolio in a deal valued at $7.75 billion. With this strategic acquisition, Marsh McLennan aims to enhance its market position and broaden its service offerings, potentially impacting various sectors, including life insurance […]

Oregon Hits Record High in Health Insurance Coverage 2024-10-01T11:47:05Z Oregon has achieved a historic milestone in health insurance coverage, driven by years of targeted state initiatives. According to state reports, almost 95% of Oregon’s population now has health insurance, a significant leap compared to previous years. The state’s Medicaid expansion, outreach programs, and health insurance […]

Millennial Specialty Insurance Rebrands as MSI In a strategic move, Millennial Specialty Insurance (MSI) announced its rebranding, reflecting a dynamic shift inspiring confidence and clarity in the insurance sector. The transition from Millennial Specialty Insurance to MSI aims to create a powerful representation of its broad insurance services, enhancing its reach and modernizing its brand […]

Remembering Joseph G. Ausanka and His Contributions to Financial Services Joseph G. Ausanka, a long-standing figure in the financial services sector, passed away in early 2024, leaving behind a legacy marked by his commitment to the field. Joe’s career began at State Mutual Insurance in Worcester, and he made significant strides thereafter at Lincoln Financial […]

Mercury Insurance Offers Claims Assistance After Hurricane Helene Mercury Insurance has stepped up its support for policyholders affected by Hurricane Helene, providing comprehensive claims assistance through an online platform and a dedicated hotline. This timely response showcases Mercury’s commitment to customer service in the aftermath of natural disasters. Life Insurance: A Safety Net for Unpredictable […]