Year: 2024

PartnerRe Whitepaper Highlights Decline Mortality Challenges in Life Insurance A recent whitepaper released by reinsurance giant PartnerRe sheds light on the evolving challenges faced by life insurance programs, particularly due to declining mortality rates. This comprehensive report underscores the necessity for the life insurance industry to adapt to these changes to ensure robust coverage and […]

The Increasing Importance of Life Insurance in the Modern World As the world navigates an ever-evolving landscape, the role of life insurance is becoming increasingly prominent. Organizations like Lifetime Insurance are broadening the scope of life insurance to include crucial aspects such as Business/Career Insurance, Retirement Insurance, and Marriage/Divorce Insurance. These expanded offerings reflect the […]

Insurance Salesman Fulfills Moose-Hunting Dream Prior to Death An insurance salesman from Colorado realized his lifelong dream of hunting a moose shortly before his untimely death, showcasing the profound importance of life insurance in securing one’s aspirations and protecting family futures. “Just Living the Dream,” He Wrote in a Card to His Daughter Gary Thompson, […]

ARPC’s Cyclone Reinsurance Pool Achieves 99% Market Coverage The Australian Reinsurance Pool Corporation (ARPC) recently announced a momentous achievement in the insurance industry. Their cyclone reinsurance pool has reached a significant milestone, achieving 99% market coverage. This development is expected to have far-reaching implications for individuals and businesses in cyclone-prone areas. Life Insurance: A Crucial […]

Life Insurance’s Impact on Personal and Professional Lives Highlighted in Anthony Venezia’s Obituary Anthony “Tony” Venezia, a dedicated insurance salesman who spent two years with John Hancock Life Insurance, passed away recently in Wood River, IL. His career trajectory and the importance of life insurance in ensuring financial stability for families were prominently featured in […]

Norman Hal Sommers: A Financial Planner’s Legacy and the Benefits of Life Insurance Norman Hal Sommers, a dedicated financial planner with John Hancock Insurance Co., recently passed away, leaving behind a legacy of helping individuals secure their financial future through life insurance. He is survived by his mother and family, including his wife, Jacqueline Simko […]

Stephen Edwards Obituary (1933 – 2024) – Villa Park, CA Stephen Edwards, a devoted professional in the insurance industry, passed away peacefully at his home on October 24, 2024, in Villa Park, California. Edwards, fondly known as Steve, was 91 years old. His career in the insurance business spanned over several decades, following in the […]

PCF Insurance Rebrands as Trucordia: A New Era for the Firm PCF Insurance has officially rebranded as Trucordia, marking a significant milestone in the company’s evolution. The rebranding strategy aims to propel growth through integration, client focus, and strategic acquisitions, aligning closely with the expanding life insurance sector. An Emphasis on Life Insurance Life insurance […]

Universal Insurance Q3 Loss Widens Amid Active Hurricane Season The recent active hurricane season in Florida has significantly impacted Universal Insurance Holdings, pushing the company to report wider losses in the third quarter of 2024. Despite this, Universal sees potential growth opportunities in other forms of coverage, including life insurance, which could provide financial stability […]

Life Insurance Gains Spotlight with AM Best Affirmation of Manulife’s Credit Ratings In a recent development, AM Best affirmed the credit ratings of Manulife Financial Corporation and its subsidiaries, including John Hancock Life & Health Insurance Company. This affirmation provides a glimpse into the stability and reliability of life insurance providers in today’s market. Source […]