Month: November 2024

Texas Considers Mandatory Workers’ Comp for Contractors In a significant move towards ensuring better protection for workers, Texas lawmakers are contemplating the implementation of mandatory workers’ compensation for contractors. Senate and House bills are being introduced to expand insurance coverage, potentially setting a precedent for other states. Life Insurance: A Crucial Backup Plan While the […]

Life Insurance: A Comprehensive Safety Net Amid Financial Uncertainty As auto insurance shopping hits record levels in Q3 2024, it’s vital to discuss how life insurance can provide broader financial security in these uncertain times. With rising auto insurance rates and strategic marketing campaigns driving consumer activity, various life insurance policies continue to offer significant […]

Aon Names Brian Gillin Managing Director for Cyber Reinsurance In an era where digital threats loom large, the significance of comprehensive insurance solutions extends far beyond traditional models. Aon has strategically appointed Brian Gillin as the managing director for cyber reinsurance, underscoring their commitment to addressing the escalating complexities in cyber risk management. This move […]

Lincoln National (LNC) – A Pillar of Stability with Life Insurance Benefits Lincoln National Corporation (LNC), operating under the well-known Lincoln Financial Group, has firmly established itself as a top value stock for long-term investors. The company’s core subsidiaries, including Lincoln National Life Insurance Company (LNL) and First Penn-Pacific Life Insurance, further amplify its financial […]

Foxquilt launches small business insurance products in New York Foxquilt, a renowned digital insurance provider, has announced the launch of its small business insurance products in New York. This new platform is designed to offer tailored coverage options specifically for contractors, eCommerce operators, and various service providers. Comprehensive Business/Career Insurance The innovative platform by Foxquilt […]

PwC Summit Explores Bermuda’s Leadership in Reinsurance Solutions The recent PwC Summit delved into Bermuda’s pivotal role in the global reinsurance market, highlighting the island’s adeptness at managing climate change-related risks and fostering innovation. With significant implications for various insurance markets, life insurance remains a critical component amidst these developments, providing essential benefits to individuals […]

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 […]