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A-G Specialty Insurance Acquires eSportsInsurance In a move that underscores the evolving nature of the insurance industry, A-G Specialty Insurance has announced its acquisition of eSportsInsurance. This acquisition follows closely behind the firm’s recent deal with Gallagher, signaling A-G Specialty Insurance’s robust strategy to expand its offerings in niche markets. Expanding into the Digital Competitive […]

Where Have Insurance DEI Initiatives Gone Right and Wrong? A host of professionals at the NAAIA summit give their verdict This year’s National African American Insurance Association (NAAIA) summit highlighted several key issues in the diversity, equity, and inclusion (DEI) initiatives within the insurance sector. Industry experts shared their insights on both the progress made […]

Cost Comparison: EVs, Hybrids, and ICE Vehicles A recent study conducted by Mercury Insurance has shed light on the financial implications of owning different types of vehicles, namely Electric Vehicles (EVs), Hybrids, and Internal Combustion Engine (ICE) cars. The results reveal that while EVs might have higher upfront costs, their long-term savings and environmental benefits […]

Reinsurance Prices Set to Rise, but 2025 May See Market Softening – Fitch As reinsurance prices are forecasted to increase, Fitch Ratings indicates a potential market softening by 2025, despite continued rate hikes expected in the coming years. Impact on Life Insurance Policies The rise in reinsurance costs inevitably affects various life insurance products, including […]

How Competition is Shaping Cyber Insurance: An Emerging Role for Life Insurance The rapidly evolving landscape of cyber insurance is pushing brokers to stay updated on policy terms. With increasing competition, brokers must carefully navigate the complexities of various policy forms, as differences are significant and impactful. Policy Forms Are Not at Parity “Policy forms […]

Life Insurance: A Crucial Aspect of Financial Stability The recent rankings of America’s top insurance networks and alliances for 2024 have underscored the importance of life insurance, emphasizing its numerous benefits for individuals and businesses alike. This news leads to a broader discussion on how life insurance plays a pivotal role in securing financial stability. […]

Zurich Insurance Group Ltd FI Holds $96.37 Million Stock Position in Lam Research Co. In a significant financial move, Zurich Insurance Group Ltd FI has revealed a stock position valued at $96.37 million in Lam Research Co., underlining the firm’s strategic investments in the tech sector. This announcement was made public on September 25, 2024, […]

AM Best Affirms A+ Rating for Wilton Re’s Life and Health Insurance Subsidiaries In a recent update, renowned credit rating agency AM Best has affirmed the A+ (Superior) rating for Wilton Re’s life and health insurance subsidiaries. This announcement cements Wilton Re’s position as a reliable player in the life insurance market. Strong Financials and […]

SSIU Acquires Linneman Specialty Insurance to Expand West Coast Operations SSIU has announced its acquisition of Linneman Specialty Insurance in a strategic move to bolster its presence on the West Coast. This acquisition will not only enhance SSIU’s underwriting capabilities but also provide a more comprehensive range of life insurance products aimed at underserved markets. […]

John Hancock Life Insurance Company Expands Policy Offering John Hancock Life Insurance Company has recently announced updates to its Form 485BPOS, which include substantial expansions to their various separate accounts: Separate Accounts A and N as well as Separate Account B of John Hancock Life Insurance Company of New York. These updates aim to provide […]