Month: November 2024

Celebrating the Life and Legacy of Viviane G. Ayotte Viviane G. Ayotte, a cherished member of the Blackstone community, recently passed away. Known for her work as a stenographer at John Hancock Life Insurance Company, Viviane also played an indispensable role as a wife, mother, grandmother, and sister. Life Insurance: A Lifelong Investment Viviane’s professional […]

Remembering Constance T. Prasinos: A Life Commemorated Constance T. Prasinos, a beloved figure from North Reading, MA, who passed away in 2024, has left behind a legacy of love, dedication, and commitment. As a graduate of Chandler Business School in Boston and a former employee of John Hancock Insurance, Constance’s life was marked by her […]

Philadelphia Eagles Seek Reconsideration of COVID Insurance Lawsuit The Philadelphia Eagles are fervently seeking a reconsideration in their ongoing litigation concerning COVID-19 insurance coverage. The team contends that their insurance policies warrant a review due to unexpected financial disruptions caused by the pandemic. This lawsuit underscores the broader importance of comprehensive insurance, including life insurance, […]

Life Insurance: A Comprehensive Look at Its Benefits and Key Influencers In the ever-evolving world of life insurance, influential leaders are not just redefining the sector but are also driving significant changes in how we approach risk management. Life insurance offers comprehensive protection and future security, crucial for individuals from various walks of life. Benefits […]

California Insurance Rate-Setting Under Fire in Judge’s Decision California’s approach to insurance rate-setting is facing intense scrutiny following a recent judicial decision. The court’s ruling has highlighted several critical issues, particularly in the areas of consumer input and regulatory oversight. Judicial Review of Insurance Rates In a ruling delivered last week, a California judge criticized […]

Oklahoma Issues Guidelines for AI Use in Insurance In a significant move to embrace technological advancements while safeguarding consumer rights, Oklahoma has released new guidelines for the use of artificial intelligence (AI) in the insurance sector. These measures are seen as a balancing act aimed at fostering innovation without compromising customer protections. Impact on Life […]

Alien Insurance Companies: A Beneficial Concept An alien insurance company might sound like something from a sci-fi novel, but in reality, it’s a term used in the insurance industry to describe a company that operates in a country other than its home country. As defined by Insurance Business Magazine, alien insurance companies are firms that […]

Accredited Insurance Appoints Steven Bensinger to Board Accredited Insurance has recently announced the appointment of Steven Bensinger to its board of directors. Bensinger, a veteran in the industry, will bring his wealth of experience to the company and will chair the audit committee. This strategic move signals Accredited Insurance’s commitment to bolstering its leadership team […]

Who Made it to the 2024 Reinsurance Business Hot List? The 2024 Reinsurance Business Hot List has been announced, shining a spotlight on individuals who have made significant contributions in leadership, innovation, and industry growth. This year’s list not only honors those in the traditional sectors but also recognizes key figures in emerging fields such […]

Manulife President, CEO Roy Gori to Retire in May 2025 Manulife Financial Corp, the parent company of John Hancock, recently announced that President and CEO Roy Gori will retire in May 2025. This announcement marks the end of an era for the major retirement, insurance, and investment firm, sparking a conversation on the importance and […]