Month: November 2024

Reinsurance Eyes Strong Growth Through 2026 High Investment Yields, Rate Hikes, and Demand Boost Profitability Reinsurance is poised for substantial growth through 2026, driven by high investment yields, rate hikes, and an increasing demand across essential lines. According to a report by S&P Global, the industry is geared to benefit as market conditions continue to […]

Oceanview Re Names Stelian Dragan as CEO to Lead Bermuda Office In a strategic move to enhance its reinsurance portfolio and bolster stakeholder engagement, Oceanview Re has appointed Stelian Dragan as the new CEO to head its Bermuda office. This development comes amid the company’s expansion efforts in the global insurance market, particularly in the […]

Andy Wakefield Joins Lockton Re to Bolster Marine & Energy Team In a strategic move to enhance its reinsurance capabilities, Lockton Re has appointed Andy Wakefield, a veteran with 34 years of expertise, to its marine and energy team. This development not only strengthens the firm’s reinsurance portfolio but also underscores the broader significance of […]

USAA Hikes California Home Insurance Rates The United Services Automobile Association (USAA) has announced an increase in home insurance rates for its California customers, a move that is expected to impact thousands of homeowners across the state. According to an official statement, the rate hike will take effect from January 2024, and policyholders can expect […]

FM Reveals New Executive VP of Staff Insurance Operations FM Global has announced the appointment of a new Executive Vice President of Staff Insurance Operations who will be at the forefront of key operational divisions. This move comes as the company aims to strengthen its position in the insurance market by expanding its offerings and […]

FM Names New Executive VP of Staff Insurance Operations FM Insurance has announced the appointment of a new Executive Vice President for Staff Insurance Operations, a move poised to influence various facets of the organization’s life insurance sectors. The appointment aligns with the company’s strategic focus on expanding its comprehensive life insurance services, emphasizing the […]

John Hancock’s New Initiative: Get an Apple Watch Series 10 by Staying Active! John Hancock has launched a groundbreaking program that offers a unique incentive: an Apple Watch Series 10. By incorporating a life insurance policy into their lives, individuals not only benefit from financial security but also from this engaging health initiative. Vitality Plus […]

Garry Wayne Adams Obituary – A Tribute to His Career in Life Insurance The Springfield community mourns the loss of Garry Wayne Adams, a distinguished professional in the life insurance field, who passed away recently. For over two decades, Adams dedicated his career to ensuring financial security for numerous families and businesses. “Garry’s commitment to […]

John Hancock Adds Apple Watch Series 10 to its Vitality Program John Hancock has announced that it is enhancing its health and wellness initiative, the John Hancock Vitality Program, by offering the latest Apple Watch Series 10 to eligible life insurance customers. This move aims to incentivize a healthier lifestyle through cutting-edge technology. Life Insurance […]

Omaha National Welcomes New Chief Actuary Omaha National, a leading provider of commercial insurance and workers’ compensation solutions, has announced the appointment of a new chief actuary. The company’s CEO highlighted the new executive’s “deep experience” in both fields, marking a significant addition to its leadership team. Expertise in Commercial Insurance and Workers’ Comp The […]