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LOS ANGELES, CA – The Women in Insurance Summit 2024 is set to catalyze a significant shift in the insurance industry by spotlighting the artistic brilliance and entrepreneurial prowess of women in financial services. With only 29% of C-suite positions occupied by women in this crucial sector, the summit aims to shatter long-standing barriers and […]

Lincoln Financial Group Reigns Supreme in Life Insurance Customer Satisfaction for Five Consecutive Years In the ever-evolving landscape of life insurance, Lincoln Financial Group has once again emerged as the gold standard, achieving top customer satisfaction for an impressive fifth consecutive year. This accolade highlights the company’s unwavering commitment to providing unparalleled service and comprehensive […]

FLOAT Act Introduced to Provide Tax Credit for Flood Insurance In an effort to make flood insurance more affordable for homeowners, Congressman John Doe has introduced the Flood Loss Offset and Affordable Tax (FLOAT) Act. This bipartisan proposal aims to offset the rising costs of flood insurance premiums by offering tax credits to eligible policyholders. […]

Re/Insurance Collaboration Key to Managing Climate and Cyber Risks Amid growing concerns over climate change and escalating cyber threats, re/insurance industry leaders emphasize the critical need for collaboration. This partnership is essential to mitigate the multifaceted risks impacting individuals and businesses alike. Experts call for clear roles within the risk transfer supply chain to enhance […]

Lincoln Financial Group and Virtua Health Face Lawsuit Over Retirement Funds Lincoln Financial Group and Virtua Health are currently embroiled in a legal dispute regarding the management of retirement funds, according to Bloomberg Law. The lawsuit alleges that both institutions have been mismanaging employee retirement funds to reap outsized profits. The Role of Life Insurance […]

Growing Popularity of CITs in Retirement Plans In recent years, Collective Investment Trusts (CITs) have seen a surge in popularity within retirement plans, largely due to their cost-effectiveness and flexibility. However, an equally critical component of financial planning often overlooked is life insurance, which offers multiple benefits tailored to various life stages and circumstances. Life […]

Munich Re Prepares for European Reinsurance Growth Driven by Natural Catastrophes Munich Re is gearing up for an expected increase in reinsurance demand across Europe, spurred by recent natural catastrophes. This strategic move comes as the continent faces heightened risks from climate change, prompting insurers to seek additional protection. Life Insurance as a Safety Net […]

Judge Sacks Philadelphia Eagles Owner’s Multimillion-Dollar Pandemic Coverage Suit October 21, 2024 – In a significant ruling, the Philadelphia Eagles’ owner Jeffrey Lurie faced a setback when a judge dismissed his multimillion-dollar lawsuit seeking pandemic-related losses covered under an all-risk property insurance policy. The court’s decision highlights the complex challenges businesses face in securing comprehensive […]

Kroll Welcomes Katherine Keefe She Joins as Global Cyber Insurance Lead Kroll, a prominent name in risk and financial advisory solutions, has reinforced its Cyber Risk division by appointing Katherine Keefe as its new Global Cyber Insurance Lead. This move signifies Kroll’s increased commitment to mitigating cybersecurity threats and supporting businesses in managing their risk […]