Month: November 2024

Giants Fortify Roster, Add Key Players to Practice Squad In a strategic move aimed at bolstering their lineup, the New York Giants have added new talent to their practice squad. This roster expansion comes as the team looks to insurance policies not just on the field but also metaphorically, protecting itself from potential setbacks. Enhancing […]

Cybersecurity in Life Insurance: Why Your Data and Compliance Can’t Afford to Slip Data is at the core of the insurance industry, especially life insurance. From the smallest independent agencies to the largest legacy carriers, insurance organizations of all sizes house critical personal and financial data. This is particularly true for companies covering comprehensive life […]

Court Rules Excess Insurers Can’t Challenge Lower-Layer Payouts The recent court ruling involving Freddie Mac has set a new precedent for multi-layer Directors and Officers (D&O) insurance disputes. The judgment firmly establishes that excess insurers cannot question the payouts made by insurers in lower coverage layers. This ruling is likely to have far-reaching implications for […]

Lincoln Financial Group Expands Variable Insurance Offerings In recent filings with the Securities and Exchange Commission (SEC), Lincoln Financial Group has announced updates to their variable insurance product lineup, which includes partnerships with various third-party insurance companies and affiliates. The Strategic Advantage of Life Insurance What makes this announcement significant is the broader context of […]

Savings Products Propel US and China Life Insurance Growth – Swiss Re The booming life insurance sectors in the US and China are witnessing unprecedented growth, driven primarily by innovative savings products and long-term financial solutions, according to a Swiss Re report released on November 19, 2024. This surge comes amid shifting economic landscapes and […]

Conifer Swings to Profit After Major Insurance Agency Sale In a strategic realignment effort, Conifer Holdings Inc. has announced a significant shift in focus after selling a major insurance agency. The decision has catapulted the company into profitability, driven largely by a renewed emphasis on personal lines in Texas and the Midwest. The Role of […]

Which MGAs are Raising the Bar? Insurance Business America’s annual survey is ongoing, spotlighting the Managing General Agents (MGAs) making significant strides in the insurance industry. While the survey seeks to evaluate MGAs’ performance across multiple factors, the role of life insurance is becoming increasingly prominent. The Importance of Life Insurance According to lifetimeinsurance.org, life […]

Form 497K: Lincoln Financial and Its Implications in Life Insurance Lincoln Financial Investments Corporation, the “Adviser”, alongside Lincoln Life & Annuity Company, has recently filed Form 497K, which underscores the importance of variable insurance plans in the financial ecosystem. This latest filing sheds light on various aspects of life insurance that cater to diverse needs […]

Guy Carpenter Greece to Launch After Full Acquisition In a significant move to enhance its regional client support and reinsurance solutions, Guy Carpenter, a leading global risk and reinsurance specialist, has announced the launch of Guy Carpenter Greece. The development follows the firm’s full acquisition of its existing joint venture partner. This strategic expansion is […]