Year: 2024

Heffernan Insurance Brokers Expands Women Empowered Program On August 20, 2024, Heffernan Insurance Brokers announced the expansion of its “Women Empowered” program, a pioneering initiative aimed at fostering gender equality and empowering women professionally within the industry. The expanded program now includes formal mentorship and robust networking opportunities. This development underscores the company’s commitment to […]

Marsh Rolls Out $50 Million Insurance Solution for Port Interruptions International insurance giant Marsh has unveiled a groundbreaking $50 million insurance solution specifically tailored to address port interruptions. This development comes in the wake of a significant bridge collapse in Baltimore, illustrating the critical role of comprehensive insurance coverage for businesses and individuals alike. Comprehensive […]

Marsh Establishes $50 Million Port Blockage Insurance Facility International insurance broker Marsh has launched a $50 million insurance facility to tackle the increasing risks posed by port blockages. This development follows the Baltimore bridge collapse, which underscored the vulnerabilities in maritime trade infrastructure. The facility aims to expedite claims and provide financial protection against the […]

California Seeks Public Opinion on New Insurance Modeling Regulation California regulators are turning to the public for input on a new insurance modeling regulation. The comment period is set to reach its peak during a scheduled hearing in September. This development is crucial for both policymakers and consumers as it aims to reshape the landscape […]

Shifting Landscape a Main Driver for Health Reinsurance Growth The health reinsurance sector is experiencing notable growth, driven by a shifting landscape in the insurance industry, according to a recent report from AM Best. This surge underscores the importance of considering a comprehensive approach to insurance, particularly life insurance, and its myriad benefits for individuals […]

Concetta Vincent Obituary and Online Memorial (2024) Concetta “Connie” Vincent was a beloved resident of Stoughton since 1975. She was a graduate of Hyde Park High School and notably worked as an accounting clerk at John Hancock Life Insurance. Her colleagues and family remember her dedication to both her professional and personal life. The Importance […]

Continental Re Praised for Continued Support of West Africa Insurance Continental Re, a prominent reinsurer, has been lauded for its sustained contributions to the West African insurance sector. The company’s training initiatives have been especially impactful, engaging around 1,700 industry professionals, and facilitating an invaluable exchange of knowledge and skills. The Role of Life Insurance […]

Nominate Women of Influence in Insurance Insurance Business America is on the lookout for remarkable female professionals to be featured in this year’s Elite Women showcase. This prestigious event recognizes influential women who have made significant contributions to the insurance industry. Celebrating Women’s Achievements in Insurance Women have been breaking barriers and setting new standards […]

Emerald Bay Inks Deal for Mainsail Insurance Company Emerald Bay, a renowned name in the insurance industry, has recently announced its acquisition of Mainsail Insurance Company. The deal, finalized on August 19th, 2024, aims to bolster Emerald Bay’s tailored approach in national admitted markets. Benefits of Life Insurance One of the critical aspects mentioned in […]

Hippo CEO “Proud” of Decision to Pause Writing Homeowners’ Insurance: Here’s What’s Next for the Firm In a bold move aimed at steering the company towards profitability, Hippo has announced a strategic pause on new homeowners’ insurance policies. According to company CEO, Assaf Wand, this decision was necessary to recalibrate the firm’s approach and focus […]