Year: 2024

Guy Carpenter Launches Capital & Advisory Group Reinsurance specialist Guy Carpenter has announced the launch of its new Capital & Advisory Group, a division designed to provide advanced capital optimization and strategic advisory services. This move signifies the company’s commitment to enhancing value for its clients across various sectors, including life insurance. The group will […]

Everest Insurance Creates New Role for North America In an ambitious move designed to align with the group’s diversification objectives, Everest Insurance has announced the creation of a critical new role for its North American division. This development is expected to drive comprehensive growth and cater to the multifaceted insurance needs of individuals and businesses […]

Life Insurance: A Modern Financial Necessity Amidst the rising costs of maintaining outdated technology, many are turning to more beneficial financial avenues such as life insurance. The financial services industry has seen a significant shift, with companies increasingly investing in life insurance options that offer a plethora of benefits to individuals and businesses alike. Retirement […]

Brokerage to Pay Lotto-Funded Charity $7.3M over ‘Unsuitable’ Annuities In a significant financial ruling, a brokerage firm has been ordered to pay a substantial $7.3 million to a charity funded by lottery sources. The charity accused the brokerage of providing “unsuitable” annuity products that failed to meet the charity’s financial needs and objectives. The Issue […]

Ernest Rowland Obituary – East Haddam, CT (1949-2016) Ernest Newton Rowland, a beloved father and grandfather, passed away peacefully in East Haddam, CT, leaving behind a legacy of dedication and love. Born in 1949, Ernest touched many lives through his work and personal life. He is survived by his two children, Shaun and his wife, […]

Calif. Watchdog Group Taking In Millions, but May Be Saving Consumers Billions Recent reports indicate that a California-based consumer watchdog group has been successful in accumulating millions of dollars while potentially saving consumers billions on insurance premiums. This group’s efforts have been particularly effective in scrutinizing and challenging property and casualty insurance rate increases. The […]

AIG Takes Final Step to Complete Corebridge Separation In a significant development for the insurance industry, AIG has finalized the separation of Corebridge Financial, a major strategic move aimed at enhancing operational efficiencies and shareholder value. Corebridge is now independent, marking a new phase for both entities. Impact on Life Insurance Policyholders This move is […]

William Patrick Hankard OBITUARY William Patrick Hankard, a dedicated member of his community and a valued professional at John Hancock Mutual Life Insurance Company, passed away peacefully. He also bravely served as a medical corpsman in the US Navy during World War II, achieving the third and fourth-degree ranks. The Importance of Life Insurance Life […]

Democrat, Republican Senators Debate Over Cause of Rising Insurance Premiums The ongoing debate between Democrat and Republican senators has intensified over the causes behind rising insurance premiums. While one faction attributes the spike to increased spending and inflation, the other points to climate change as a pivotal factor. This debate, closely watched by industry experts, […]

Erie Insurance Continues Education Investment with Major Donation Erie Insurance, known for its commitment to community enrichment, has once again demonstrated its dedication to breaking the cycle of generational poverty through a substantial donation aimed at enhancing educational opportunities. This initiative comes as part of Erie’s broader strategy to invest in the future and financial […]