Year: 2024

Lincoln Financial Highlights Life Insurance Benefits Amid Third Quarter Report Despite reporting a net income loss, Lincoln Financial has showcased a robust performance in the third quarter, particularly highlighting the advantages of life insurance. The company reported $14 million in operating income from its life insurance sector, indicating a 16% growth over the previous period. […]

Heritage Insurance Reports $8.2 Million Q3 Net Income Amid Strategic Shifts In a significant turn of events within the insurance sector, Heritage Insurance posted a net income of $8.2 million for the third quarter of 2024. This admirable performance comes despite the company incurring substantial hurricane losses amounting to $48 million, as highlighted in a […]

New Insurance Commissioners Elected in Washington, Montana; Incumbents Hold in NC, Delaware In the latest election cycle, new insurance commissioners have been elected in Washington and Montana, while incumbents have retained their positions in North Carolina and Delaware. The newly elected commissioners have emphasized their commitment to affordability and consumer protection in their respective states. […]

Industry Professionals Weigh In on Trump’s Second Term Impact on the Insurance Industry As President Donald Trump embarks on his second term, industry professionals are closely examining how his policies and legislative agenda could impact the insurance industry, particularly life insurance and its various sub-segments. This article delves into expert opinions and outlines potential changes […]

Ethos Brings on Industry Vet Matt Fowler as Chief Distribution Officer Ethos, a prominent player in the life insurance industry, has announced the appointment of Matt Fowler as its new Chief Distribution Officer. Fowler, who boasts extensive experience with leading insurance firms including Corebridge and Lincoln Financial, joins Ethos during a time of strategic expansion […]

Meals on Wheels: A New Approach to Life Insurance The revered Meals on Wheels program is not just about delivering meals to those in need anymore. This nonprofit has pivoted its innovative skills to revolutionize the life insurance industry, securing new revenue streams while continuing its philanthropic mission. A Profitable Shift “We don’t drive Maseratis, […]

Thousands in Central Mass. Could Lose Insurance Coverage THOUSANDS of residents in Central Massachusetts are facing a concerning reality: the potential loss of their insurance coverage. For-profit insurance providers are reassessing their portfolios and implementing new strategies, a move that could leave many without vital protection. The Underrated Benefit of Life Insurance As the insurance […]

Inszone Acquires Nugent Insurance Brokers, Expanding California Presence and Life Insurance Offerings Inszone Insurance Services has announced the acquisition of Nugent Insurance Brokers, a decisive move to expand its presence in California. This strategic acquisition not only broadens Inszone’s footprint but also enhances its life insurance offerings. Life insurance is essential for providing financial security […]

Ethos Welcomes Matt Fowler Amid New Insurance Partnerships Ethos, a leading player in the life insurance market, has announced the onboarding of Matt Fowler to their team. His expertise is seen as a strategic addition at a time when the industry is witnessing significant collaborations. The announcement was confirmed by Coverager earlier today. Enhancing Life […]

Lincoln Financial Reports Strong Third Quarter Despite Net Income Loss Lincoln Financial Group has announced a robust third-quarter performance, showcasing strength in new business ventures and client acquisitions. Despite experiencing a net income loss, the company underscored its resilience and strategic advancements in several areas, particularly life insurance products. Life Insurance: A Key Focus Area […]