Year: 2024

Remembering Patricia Lacey: A Life Dedicated to Family and Community Patricia Lacey, who passed away in Plymouth, MA, in 2024, left behind a rich legacy not just professionally but also personally. Many remember her fondly for her commitment to her family, community, and workplace. A Career at John Hancock Insurance Patricia was educated in Boston […]

Inszone Acquires Beswick Insurance to Enhance Community-Focused Offerings In a strategic move to broaden its suite of client services, Inszone Insurance has announced the acquisition of Beswick Insurance, marking its second major deal this month. This acquisition is poised to not only fortify community-centered insurance solutions but also enrich the gamut of life insurance offerings […]

Light Fantastic: Lincoln Financial Field Shines with New Lighting Enhancements In a collaboration with Coliseum Sports Lighting, Lincoln Financial Field has debuted its latest lighting enhancements, boasting brighter and more energy-efficient illumination. This state-of-the-art lighting aims to enhance the attendee experience, making every game a visual treat. The Role of Life Insurance in Financial Planning […]

Bermuda Premier Defends Life Reinsurance Sector Amid 777 Re Troubles As turbulence rocked the global reinsurance market due to challenges faced by 777 Re, Bermuda’s Premier stepped forward to defend the island’s life reinsurance sector. The Premier highlighted Bermuda’s strong regulatory framework and the vital role of life insurance in securing financial futures. This defense […]

Sentry Insurance Acquires The General: A Milestone in the Industry In a significant development for the insurance sector, Sentry Insurance has announced its acquisition of The General, marking a record-breaking deal for the year. This strategic move not only positions Sentry Insurance as a more formidable player in the market but also offers a range […]

Reinsurance Sector Proves Resilient Amid Economic Challenges, Highlights Importance of Life Insurance The reinsurance industry, particularly the property and casualty (P&C) segment, has shown remarkable resilience in the face of ongoing economic challenges. According to a recent report, strong performances in this sector have underpinned the overall stability and adaptability of the market. However, life […]

Demex Forms Advisory Board Amid Rising Severe Convective Storm Losses: A Look at Life Insurance Benefits In a strategic move to address the growing threat of Severe Convective Storm (SCS) losses, Demex has formed an advisory board to enhance its reinsurance solutions. As weather patterns become increasingly unpredictable, the insurance industry faces mounting challenges. This […]

London Treaty Reinsurance Surges by Nearly One-Third in 2023 In a significant development for the insurance industry, London treaty reinsurance premiums have surged by nearly one-third in 2023, crossing the £10 billion mark. This growth highlights the increasing importance of reinsurance in managing risk and ensuring financial security for both individuals and businesses. The Role […]

Understanding the Critical Differences: Insurance Agency vs. Brokerage Choosing between an insurance agency and a brokerage can be a pivotal decision, especially if you are contemplating launching an insurance business. Understanding the nuances can also guide individuals in selecting the right service for their life insurance needs, including various sub-topics such as Business/Career Insurance, Retirement […]

US Commercial Insurance Rates Show Signs of Stabilization Recent quarterly numbers indicate that US commercial insurance rates are beginning to stabilize. This development is a relief for businesses that have been grappling with fluctuating premiums. However, the conversation about insurance cannot be limited to just commercial policies; life insurance also plays a crucial role in […]