Month: December 2024

Enact Finalizes Reinsurance Deals for 2025 and 2026 Coverage Enact Holdings has successfully secured significant reinsurance agreements set to cover the years 2025 and 2026, ceding 27% of new policies to partner reinsurers. This move not only ensures financial stability for Enact but also highlights the broader importance of comprehensive life insurance policies for both […]

Underinsurance Threatens Business Profitability: HUB Businesses today face an array of challenges, from inflation and cyber threats to climate risks, making comprehensive insurance coverage more essential than ever. A recent report from HUB highlights the significant risk of underinsurance, which could drastically affect the profitability and sustainability of businesses. Inflation: The Growing Concern Inflation remains […]

ALKEME Strengthens Legal Insurance Offerings with JPI Swoop In a strategic move poised to benefit law firms and legal professionals, ALKEME has expanded its legal insurance portfolio through the acquisition of JPI. This partnership is expected to provide comprehensive coverages and enhanced services for the legal community, ensuring a robust response to their unique needs. […]

Upland Expands Into Product Recall Insurance Market Upland has announced its latest venture into the product recall insurance market, with coverage limits reaching up to $10 million. This strategic move by Upland broadens its portfolio beyond traditional insurance products, offering more specialized coverage to meet diverse needs. The Benefits of Life Insurance Life insurance provides […]

AM Best Reveals Outlook for the US Life/Annuity Insurance Segment AM Best, a global credit rating agency, has issued its outlook for the US Life/Annuity insurance segment, signaling positive trends and stable financial footing for insurers operating within this space. Life insurance remains a cornerstone of financial planning for individuals, families, and businesses. AM Best’s […]

Zurich’s Commercial CEO Targets Mid-Market and Specialty Growth Opportunities In a bold move aimed at expanding its market reach, Zurich Insurance Group’s Commercial CEO has announced a strategic focus on mid-market and specialty growth opportunities. This comes on the heels of the company setting its highest targets ever. Emphasizing the Importance of Life Insurance “We […]

California’s Flood Mitigation Initiative California has launched a new flood mitigation initiative aiming to protect infrastructure and minimize damage to communities. This initiative is a crucial step in addressing the increasing threat posed by severe weather conditions. It’s an essential reminder that life insurance can play a pivotal role in safeguarding financial stability in the […]

Boston Mutual Life Insurance Company Appoints Grant David Ward as New President and COO In a strategic move to reinforce its leadership team, Boston Mutual Life Insurance Company has named Grant David Ward as its next President and Chief Operating Officer. This appointment comes as part of the company’s long-standing commitment to innovation and customer-centric […]

John Hancock Offers Apple Watch Series 10 to Vitality Program Customers Published on: 2023-12-03 Leading life insurance provider John Hancock is now offering the Apple Watch Series 10 to customers enrolled in its Vitality Program. The initiative is designed to promote healthier lifestyles and provide actionable health and fitness insights to customers. Enhancing Insurance Benefits […]

Kendrick Lamar and SZA Take ‘GNX’ Collaborations on Tour with a Focus on Financial Security Renowned musicians Kendrick Lamar and SZA are set to captivate audiences with their collaborative ‘GNX’ tour, starting May 5th in Philadelphia at Lincoln Financial Field. Their musical partnership is grabbing headlines, but so is the emphasis on financial preparedness and […]