Month: November 2024

Hilb Group Continues M&A Streak Post-Debt Refinancing – Highlights Benefits of Life Insurance In a strategic move that underscores its sustained expansion, Hilb Group recently acquired a property & casualty insurance firm in Louisiana. This acquisition follows the company’s debt refinancing, positioning it for further growth and offering pivotal insurance services, including life insurance, to […]

Liberty Mutual Insurance Earnings Rise Liberty Mutual Insurance recently reported a steady rise in earnings, showcasing a robust financial performance for the quarter. The insurance giant attributed this success to strategic operational improvements and a resilient market presence. However, beyond these impressive figures, the spotlight on life insurance and its varied benefits holds significant relevance […]

Concerns in the Health Care Sector Post-Trump Victory The recent victory of Donald Trump in the presidential election has left ripples of uncertainty throughout the healthcare sector, particularly regarding the future of the Affordable Care Act (ACA), commonly known as Obamacare. Industry experts are closely monitoring the potential impact on insurance programs and the broader […]

Dutch Insurers Face Stricter Rules on Non-EU Reinsurance Contracts in 2025 The Dutch Central Bank (DNB) has announced that, starting from 2025, insurers in the Netherlands will encounter more stringent rules when engaging in reinsurance contracts with non-EU entities. This regulatory shift aims to fortify the financial stability and risk management practices of Dutch insurers. […]

Insurers Welcome Timeline Change to Premium Transparency Rule in Washington The insurance industry in Washington has expressed approval for the extended timeline granted for implementation of the premium transparency rule. Washington State Insurance Commissioner Mike Kreidler announced the change, emphasizing the need for more comprehensive data collection before fully enforcing the new regulation. Importance in […]

Ethos Brings on Industry Vet Matt Fowler as Chief Distribution Officer SAN FRANCISCO — (BUSINESS WIRE) — Life insurance industry leader Ethos has hired industry veteran Matt Fowler as their new Chief Distribution Officer, a move that highlights the company’s ongoing commitment to growth and innovation in the life insurance sector. Fowler, who joins from […]

Matt Fowler Joins Ethos to Expand Insurance Offerings Matt Fowler has taken a new role at Ethos, a company that has been transforming the life insurance sector since its founding in 2016. Joining Ethos marks a significant move for Fowler, who previously held crucial sales roles at Lincoln Financial. This transition aligns with Ethos’s ambition […]

Former Rugby Pro Finds New Career Path in Reinsurance Transitioning from a sports career to the corporate world can be a challenging journey, but for one former rugby professional, life insurance provided a stable foundation for his new venture into reinsurance. In a recent interview with Insurance Business Magazine, the former athlete shared his story […]

Lincoln Financial Highlights Life Insurance Benefits Amid Third Quarter Report Despite reporting a net income loss, Lincoln Financial has showcased a robust performance in the third quarter, particularly highlighting the advantages of life insurance. The company reported $14 million in operating income from its life insurance sector, indicating a 16% growth over the previous period. […]

Heritage Insurance Reports $8.2 Million Q3 Net Income Amid Strategic Shifts In a significant turn of events within the insurance sector, Heritage Insurance posted a net income of $8.2 million for the third quarter of 2024. This admirable performance comes despite the company incurring substantial hurricane losses amounting to $48 million, as highlighted in a […]