Month: November 2024

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 […]

New Insurance Commissioners Elected in Washington, Montana; Incumbents Hold in NC, Delaware In the latest election cycle, new insurance commissioners have been elected in Washington and Montana, while incumbents have retained their positions in North Carolina and Delaware. The newly elected commissioners have emphasized their commitment to affordability and consumer protection in their respective states. […]

Industry Professionals Weigh In on Trump’s Second Term Impact on the Insurance Industry As President Donald Trump embarks on his second term, industry professionals are closely examining how his policies and legislative agenda could impact the insurance industry, particularly life insurance and its various sub-segments. This article delves into expert opinions and outlines potential changes […]

Ethos Brings on Industry Vet Matt Fowler as Chief Distribution Officer Ethos, a prominent player in the life insurance industry, has announced the appointment of Matt Fowler as its new Chief Distribution Officer. Fowler, who boasts extensive experience with leading insurance firms including Corebridge and Lincoln Financial, joins Ethos during a time of strategic expansion […]