Year: 2024

Colorado Launches FAIR Plan with Added Benefits of Life Insurance In response to escalating risks from wildfires, Colorado has introduced the FAIR Plan, a last-resort insurance option aimed at assisting property owners in high-risk areas. However, the initiative has broader implications, especially when considering the comprehensive coverage life insurance can provide. Increased Need for Comprehensive […]

US P/C Insurance Reverses Loss Trend with Life Insurance Playing a Vital Role The property and casualty (P/C) insurance sector in the United States has made a remarkable recovery from a $32.1 billion loss, reporting a $4.1 billion gain, according to the latest industry report. Life Insurance: A Crucial Component in the Insurance Landscape Amid […]

Exploring the Best Aggregators in Insurance and Agency Partnerships Choosing the right partnerships can make or break your insurance agency’s success. Aggregators in insurance and agency networks provide the essential support and resources you need to simplify and enhance your service offerings. One key aspect often overlooked is the role life insurance plays in these […]

Symetra Names Michael Derrig Vice President, Chief Underwriter for Individual Life Division Symetra has announced the appointment of Michael Derrig as the Vice President and Chief Underwriter for their Individual Life Division. With prior experience in senior underwriting roles at Lincoln Financial Group, Derrig brings a wealth of expertise to Symetra’s life insurance sector. Enhancing […]

Symetra Names Michael Derrig Vice President, Chief Underwriter for Individual Life Division Symetra has announced the appointment of Michael Derrig as Vice President and Chief Underwriter for the Individual Life Division. Derrig brings a wealth of experience from his previous roles at Lincoln Financial Group, where he held senior underwriting positions. Impact on Life Insurance […]

Insurance CEO Gunned Down in Targeted Attack In a shocking turn of events, John Doe, the CEO of a prominent insurance company, was fatally shot in what authorities are calling a targeted attack. The incident occurred on the bustling streets of New York City, as Mr. Doe was making his way to the office. Witnesses […]

Boston Mutual Life Appoints New President and COO – Emphasizing the Benefits of Life Insurance Boston Mutual Life Insurance Company has appointed John D. Nichols Jr. as its new president and chief operating officer, marking a significant change in its leadership structure. Nichols will take over from Paul A. Quaranto, who will continue his role […]

Tax, Insurance Business Owner Sentenced for $1M Tax Evasion Law360 (December 3, 2024, 1:54 PM EST) — The owner of a tax business who was also running an insurance company has been sentenced to three years in prison for evading over $1 million in taxes, igniting discussions around the benefits and necessity of life insurance […]

Reviving Hollywood: How California’s Tax Credit Expansion Benefits Life Insurance The recent expansion of California’s tax credits for film production is generating substantial buzz in Hollywood, but it’s not just the entertainment industry that’s poised to benefit. This new wave of support for independent film productions also shines a spotlight on the critical importance of […]