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FEMA Allows Monthly Payments for Flood Insurance Under New NFIP Update In a significant move aimed at enhancing the affordability and retention of flood insurance policies, the Federal Emergency Management Agency (FEMA) announced that policyholders under the National Flood Insurance Program (NFIP) can now opt for monthly payment plans. This new provision is set to […]

Life Insurance Provides Vital Safety Net Amid Long-Term Reinsurance Concerns The landscape of long-term reinsurance has been a hot topic among industry experts, with the CEO of a major insurance association recently offering crucial insights during a press conference. However, beyond the immediate industry concerns, there is a parallel discussion about how life insurance can […]

Hard Market Boosts Demand, Challenges Reinsurance Brokers in Asia The reinsurance sector in Asia is seeing a surge in demand amidst a challenging hard market, according to a latest report from insurancebusinessmag.com. While the sector’s analytics capabilities are on the rise, brokers face obstacles such as forming new partnerships and adhering to timely processes. Impact […]

Leadership Lessons from the Greens: Jalen Hurts and President Obama Philadelphia Eagles quarterback Jalen Hurts joined former President Barack Obama for a round of golf at the prestigious Merion Golf Course this past weekend. The event was more than just a sports spectacle; it was a platform for discussing leadership, discipline, and responsibility—themes central to […]

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick In the ever-shifting landscape of financial investments, value investors are constantly on the lookout for opportunities that offer solid returns without excessive risk. One such option that has garnered attention is Lincoln Financial Advisors (LFA), coupled with Lincoln Financial Distributors (LFD), which […]

Helese White Obituary and the Importance of Life Insurance Helese White, a distinguished resident of Springfield, MA, has sadly passed away in 2024. She will be remembered not only for her personal contributions to her community but also for her professional work at Mass Mutual Insurance Company in the Group Pension and Underwriting Department. Lifelong […]

Examining Lincoln Financial’s Latest Moves Amid Q3 Loss Lincoln Financial Group recently announced a $528 million loss for the third quarter, posing questions about its financial stability and strategic direction. Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., has launched an investigation into the company’s officers and directors, […]

Hub International Acquires Western Growers’ Retail Insurance Operations In a groundbreaking move, Hub International has announced its acquisition of the retail insurance operations of Western Growers. This strategic alliance is anticipated to significantly enhance Hub International’s reach and expand its spectrum of services for clients, particularly in the realm of life insurance. The merger is […]

QBE North America Appoints New Commercial Insurance President QBE North America has appointed a new commercial insurance president, marking a significant addition to its executive team. The company, known for its vast array of insurance products including life insurance, retirement insurance, and business/career insurance, announced the key arrival on Monday. Expert Leadership for Business/Career and […]

Root Insurance Parent Marks First Profitable Quarter Root Insurance, the struggling insurtech, has achieved profitability for the first time in its history, marking a significant milestone for the company. Alex Timm, CEO of Root Insurance, referred to this achievement as a “pivotal moment” and a strong validation of their business strategy. “This quarter’s profitability demonstrates […]