Year: 2024

Allstate Subsidiary Hit by Feds Over Alleged Insurance Fraud In a significant development, an Allstate subsidiary is facing a federal lawsuit over allegations of insurance fraud. The legal action, which could potentially impact 655,000 vehicle owners, underscores the importance of understanding and choosing the right type of insurance for different aspects of life. Life Insurance: […]

‘Inspiration from Frustration’: Women in Insurance Lands Best-Selling Keynote Speaker Upcoming insurance event is set to feature a prominent figure that has taken the industry by storm. The ‘Women in Insurance’ forum recently announced that they have secured a best-selling social entrepreneur as their keynote speaker. Highlighting Life Insurance and Its Benefits This year’s event […]

The Impact of China’s Real Estate Market on Life Insurance As China grapples with a significant downturn in its real estate market, the ripple effects are being observed across various financial sectors, including the life insurance industry. According to a recent report by Gallagher Re, the current state of China’s property market poses both challenges […]

Skyrocketing Home Insurance Rates: Understanding the Disparities and the Role of Life Insurance As home insurance rates continue to soar across the United States, many homeowners find themselves grappling with rising premiums. According to a recent article by Digital Insurance, several factors contribute to these high costs, including increased natural disasters, inflation, and supply chain […]

Major IT Outages Pose Challenges for Insurance Coverages The recent major IT outage has sent shockwaves across various sectors, presenting significant challenges for insurance coverages. A notable property and casualty insurance broker recently closed an initial public offering (IPO), raising $187 million. This incident underscores the importance of comprehensive life insurance plans in safeguarding against […]

A Guide to Healthcare Insurance: Part 2 This post is part of a series sponsored by PCF Insurance Services. In the second installment of a three-part series, PCF Healthcare Practice Leader Brian King helps us understand healthcare facility insurance. In Part 1 of our series, we unpacked various facets of individual health insurance plans, but […]

Harry Clark: A Life Committed to Insurance and Community Pennsylvania—Harry Clark, a distinguished graduate of the John Hancock Life Insurance Company’s Insurance Underwriting Institute, passed away recently, leaving behind a legacy of dedication and service in the insurance industry. He worked extensively in their offices in Williamsport, Pennsylvania, and San Francisco, California. A Career Anchored […]

Proposed bill offers bipartisan tax code fix for insurers, enhancing life insurance benefits On Tuesday, a new bipartisan bill was introduced in Congress aiming to address discrepancies in the current tax code, which could consequently lower the cost of life insurance policies for American families. This proposed legislation has the potential to broaden the advantages […]

King Insurance Partners Expands with Agency Acquisition King Insurance Partners, a leading provider in the insurance industry, announced a significant expansion today, acquiring another esteemed insurance agency. The move underscores the company’s commitment to broadening its service offerings, including various facets of life insurance. The newly appointed president called the partnership “an excellent match,” enhancing […]