Year: 2024

Insurers Secure Victory in COVID-19 BI Case in California In a significant ruling, a California judge has determined that the COVID-19 pandemic does not cause direct physical loss, providing a pivotal win for insurers in the business interruption (BI) insurance case. This decision could have far-reaching implications, particularly for those considering various forms of life […]

US Insurers’ Losses to Reach Billions from Severe Storms in May – Aon Broking Giant Sheds Light on the Massive Impact In a recent report, broking giant Aon has revealed that US insurers are expected to incur billions of dollars in losses due to the unprecedented severity of storms experienced in May. The financial impact […]

World Insurance Associates Appoints New Head of National Practice Groups World Insurance Associates has announced the appointment of a new head of national practice groups, designed to bolster the firm’s expansion into various niche industry sectors. This move underscores the firm’s strategic commitment to specialized industry growth and targeted client service, enhancing their already comprehensive […]

ProAssurance Adds Two New Directors to Board ProAssurance has announced the addition of two new directors to its board, along with re-elections for the next three years, as detailed in a recent release. Amidst these strategic board changes, the significant role of life insurance in both personal and business financial planning cannot be overstated. Life […]

Life as an Insurance Agent: Understanding the Role Life as an insurance agent offers an array of benefits along with its challenges. As agents navigate through a typical workday, many have found that incorporating effective habits can significantly impact their success. What drives an insurance agent, specifically in the realm of life insurance, to excel […]

McLarens Elevates Corporate Development VP to COO McLarens, a global independent insurance services provider, has announced a significant promotion within its executive team. On May 29, the company elevated its Corporate Development Vice President to the position of Chief Operating Officer (COO). This strategic move aims to bolster McLarens’ operational efficiency and overall market position. […]

Amwins Expands Online Marketplace with Residential Flood Coverage Amwins has recently broadened its online marketplace by introducing residential flood coverage, a development that offers significant potential for homeowners in 21 states. This new capability is seen as a robust addition to Amwins’ extensive insurance portfolio. However, it’s worth noting that this expansion comes at a […]

Revealed – Winning Wildfire-Resilient Landscaping Designs As wildfire concerns escalate globally, landscape architects are innovating ways to marry aesthetic appeal with safety. In a recent event, the most effective wildfire-resilient landscaping designs were unveiled, highlighting that “beauty and safety can be compatible goals.” Amidst these advancements, the significance of life insurance and its various sub-topics […]

Global Premium Income Reaches Record Growth Since 2006 According to the latest report from Allianz, global premium income has enjoyed the highest growth rate since 2006. This phenomenal growth is expected to continue, bolstering the importance of life insurance for individuals and businesses alike. Significance of Life Insurance Life insurance offers pivotal benefits by providing […]

McLarens Elevates Corporate Development VP to COO McLarens, a leading firm in the global insurance sector, has announced the promotion of their Corporate Development Vice President to the role of Chief Operating Officer (COO). This strategic move is designed to further enhance the company’s operational efficiency, investment strategy, and the development of innovative insurance products. […]