Month: October 2024

Heritage Insurance Estimates $105 Million in Hurricane Losses for 2024 Despite Significant Storm Losses, the Firm Expects Q3 Positive Income Heritage Insurance has projected a substantial $105 million in losses due to hurricanes for the upcoming year. However, the firm remains optimistic about achieving positive income for the third quarter of 2024, citing strong financial […]

Flood Re Hosts Over 50 MPs to Discuss Flood Insurance and Resilience In a recent event, Flood Re, an organization focused on providing affordable flood insurance, gathered over 50 Members of Parliament (MPs) to shed light on flood preparedness and the Build Back Better initiative. This assembly drew attention to various aspects of insurance, including […]

Allianz Becomes Top Global Insurance Brand, Ranks 29th Worldwide In a notable achievement, Allianz has ascended to become the top global insurance brand, now ranking 29th in the world. The brand value of Allianz has surged to an impressive $23.5 billion, reaffirming its dominance in the global market. This landmark accomplishment underscores Allianz’s commitment to […]

Generali Ends Insurance for Midstream, Downstream Oil Projects Generali, a global insurance provider, has announced its decision to cease insurance coverage for midstream and downstream oil projects. This new policy is a significant step in the company’s commitment to fostering environmental sustainability. The decision comes amidst rising concerns over climate change and its environmental impact. […]

Chubb Names Tim Benson to Lead North America Unit Chubb’s Multinational Insurance Business Gets a New Leader In a strategic move to reinforce its leadership in the insurance sector, Chubb has appointed Tim Benson as the head of its North America unit. This new leadership is expected to bring a fresh perspective to Chubb’s multinational […]

Alkeme Expands Through Arizona Acquisition In a strategic move to solidify its presence in the insurance sector, Alkeme Insurance has expanded its portfolio by acquiring an Arizona-based firm. This acquisition marks a significant step for Alkeme as it deepens its footprint in the fast-growing Errors and Omissions (E&O) and Personal Lines (PL) insurance markets. The […]

Charles “Chuck” Booher Obituary: Life Insurance Professional and Advocate The Columbus Dispatch reports the passing of Charles “Chuck” Booher, a respected figure in the life insurance sector. Beginning his career as a life insurance salesman for John Hancock in 1967, Booher quickly cemented his reputation as a creative problem-solver and founded the renowned Charles Booher […]

Charles Booher’s Legacy in Life Insurance Charles Booher, a longstanding figure in the insurance industry, has passed away, leaving behind an impactful legacy that spanned over five decades. His journey began in 1967 when he started as a life insurance salesman for John Hancock. Benefits of Life Insurance Life insurance offers numerous benefits, providing financial […]

Disney Announces Leadership Changes Amid Strategic Adjustments Disney has announced Alan Gorman as the new chairman of the board, with plans to appoint a new CEO by early 2026. The news comes amid broader strategic shifts and an increasing focus on product diversification, including ventures in financial protection services such as life insurance. Life Insurance […]

Lincoln Financial Group Announces New EVP, Chief Information Officer Lincoln Financial Group has appointed Jennifer Charters as the Executive Vice President and Chief Information Officer. Charters, a seasoned professional with over two decades of experience, will spearhead the company’s information technology strategies, cementing its position as a leader in the financial services industry. Life Insurance […]