Year: 2024

Liberty Mutual Launches New Insurance Solution for Midsize Companies Liberty Mutual has introduced an innovative insurance solution specifically tailored for midsize companies. This new service comes as a timely offering for businesses navigating the complexities of expanding operations. The Broader Scope of Life Insurance Benefits While Liberty Mutual’s offering could significantly aid business growth, it’s […]

John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) Sees Strong Trading Volume In recent financial news, The Manufacturers Life Insurance Company has increased its holdings by 0.4% in the John Hancock Multifactor Developed International ETF (NYSEARCA:JHMD) during the fourth quarter. The move aligns with a broader strategy to leverage life insurance products for financial security while […]

Lloyd’s Playing a ‘Growing Role’ in the North American Insurance Landscape Lloyd’s of London is increasingly becoming a pivotal player in the North American insurance market, providing opportunities for brokers to leverage the London marketplace to their advantage. Brokers are encouraged to understand the benefits offered by Lloyd’s as it continues to expand its presence […]

Lincoln National Corporation Files SEC Form 11-K Lincoln National Corporation, a key player in the life insurance sector, recently filed SEC Form 11-K. This form pertains to the Plan Sponsor Lincoln National Life Insurance Company (“LNL”), Lincoln Financial Advisors Corporation (“LFA”), and Lincoln Life & Annuity Company of New York. Implications for Life Insurance Policyholders […]

Manulife Investment Management Announces Strategic Partnership With Foundry Commercial Manulife Investment Management has entered a strategic partnership with Foundry Commercial to enhance its capabilities in acquiring, developing, and leasing properties. This collaboration aims to bolster both entities’ market presence and operational efficiencies. However, beyond the realm of investment management, this partnership brings to the forefront […]

Cook Children’s Health Plan Sues the State of Texas Over Medicaid Contract Dispute In a significant move affecting the insurance landscape, Cook Children’s Health Plan has taken legal action against the state of Texas over a contentious Medicaid contract. The dispute centers around the rights and benefits provided to children, pregnant and postpartum mothers, and […]

Lloyd’s on Navigating Risk, Seizing Opportunities in Reinsurance: Implications for Life Insurance Benefits As the landscape of reinsurance continues to evolve, Lloyd’s is taking significant steps to transform chaos into opportunities. According to a recent article published on June 27, 2024, by Insurance Business Magazine, Lloyd’s is leading the charge in risk management and opportunity […]

How Are Cyber Insurance Claims Shaping Up for 2024? With the rise in cyber threats, 2024 is witnessing notable shifts in cyber insurance claims. A recent report by a leading brokerage firm highlights emerging trends and underscores the importance of comprehensive life insurance policies that cater to various facets of personal and professional life. Key […]

Insurance Gap Leaves Food and Beverage Industry Exposed to Significant Risks Businesses’ Concerns and Priorities Highlighted A recent report by Insurance Business Magazine has outlined a concerning insurance gap in the food and beverage industry, leaving businesses vulnerable to various risks. The industry, increasingly fraught with supply chain issues, liability claims, and cyber threats, is […]

Supercede Lands Huge Funding Supercede, a prominent player in the reinsurance technology sector, has announced a significant influx of funding, expected to propel the company to new heights. This financial boost is projected to revolutionize the landscape by enhancing various technological capabilities in the reinsurance domain. Implications for the Life Insurance Industry This funding surge […]