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Stabilizing Market Sees Rise in Construction Insurance Capacity, Highlights Life Insurance Benefits In a recent development set to impact various insurance fields, construction insurance capacity has significantly increased as the market stabilizes. The surge in capacity is being attributed to improved market conditions and strategic adjustments within the insurance sector. These changes are not only […]

AI’s Impact on the Life Insurance Industry The life insurance sector is on the brink of transformation as Artificial Intelligence (AI) technologies continue to advance. According to a recent article published by Insurance Business Magazine, the insurance industry is poised to experience significant changes due to AI innovations. One area likely to benefit dramatically is […]

Shirley L. Bausch, 91, of Hudson – Community Advocate Shirley L. Bausch, a beloved community member, passed away at the age of 91 in Hudson. Her contributions to her community and her early career at John Hancock Insurance Company in Boston left a lasting impact. Shirley’s life story shines a light on the invaluable role […]

Jane Sandler Obituary and the Importance of Life Insurance The online memorial for Jane Sandler, published by Legacy.com, serves as a sobering reminder of the benefits and necessity of life insurance. Jane Sandler, a dedicated employee of John Hancock Insurance in Boston, worked in the Mailroom for 35 years before retiring 20 years ago. Her […]

ALKEME Acquires North Point Insurance Agency to Expand P&C Market Reach In a strategic move to fortify its presence in the insurance industry, ALKEME Insurance has officially acquired North Point Insurance Agency. This acquisition is expected to significantly expand ALKEME’s Property and Casualty (P&C) market reach, particularly in the Northeast region. Life Insurance Benefits The […]

AM Specialty Insurance Partners with Once Insurance for Jewelry Coverage In a significant move, AM Specialty Insurance has announced a partnership with Once Insurance to offer comprehensive jewelry coverage. This new initiative aims to provide customers with an option to secure small jewelry collections under a single premium, highlighting the growing appeal of bundled insurance […]

Aon Highlights Growth Amid Rising Losses in 2024 Reinsurance Renewal Report Aon, a leading global professional services firm providing a broad range of risk, retirement, and health solutions, has released its 2024 reinsurance renewal report. The report, detailing a dynamic market landscape, underscores not only the remarkable growth achieved but also the escalating losses due […]

Aon Highlights Growth Amid Rising Losses in 2024 Reinsurance Renewal Report Despite a challenging year with increased catastrophe payouts and intricate risk environments, Aon has reported significant growth in its latest reinsurance renewal report for 2024. Strong Return on Equity (ROE) remains a pivotal achievement for Aon, alongside notable developments within the realm of life […]

Fitch Adjusts Global Reinsurance Outlook to Neutral Amid Market Changes The global reinsurance market has undergone significant shifts, prompting Fitch Ratings to adjust its outlook from negative to neutral. This transition occurs as the market deals with pricing challenges and the potential for increased loss volatility. Understanding the insurance landscape, including life insurance, is critical […]

Brit Announces Appointment to Lead Bermuda Expansion Insurance giant Brit has appointed a new leader to drive its Bermuda reinsurance expansion strategy, emphasizing the importance of property and specialty lines. As the company looks to bolster its reinsurance portfolio, this move also highlights a broader trend in the insurance industry: the growing relevance of comprehensive […]