Lockton Executive Chairman Returns to CEO Role

[ad_1] Best’s News & Research Service subscription required – February 23, 2024 04:28 PM (EST) Ron Lockton is returning to the role of chief executive officer of Lockton, effective immediately as Peter Clune, former CEO, has decided to step down. . . . — This content requires a subscription — Already a Subscriber? Log in  Register … Read more

Real Estate Business Insurance Costs

[ad_1] Running your own real estate business isn’t all designer handbags and stilettos. Let’s face it, in spite of what Netflix might want us to believe, it’s very rarely that glamorous. Instead of selling sunsets, most realtors and brokerages are focused on selling properties. In fact, that’s what makes real estate business insurance so important. … Read more

Athene Praises Partnerships After Fourth-Quarter Income Increase

[ad_1] Best’s News & Research Service subscription required – February 21, 2024 03:29 PM (EST) Athene Holding Ltd. praised its partnerships in its fixed income investors call, notably its relationship with Apollo Global Management Inc., following an increase in its fourth-quarter income. . . . — This content requires a subscription — Already a Subscriber? … Read more

Everest Group Promotes Two Execs in Reinsurance Division

[ad_1] Best’s News & Research Service subscription required – February 22, 2024 02:59 PM (EST) Everest Group, Ltd. promoted Jill Beggs to reinsurance executive vice president and chief operating officer of the reinsurance division, and Jiten Voralia to head of North America treaty . . . — This content requires a subscription — Already a … Read more

Senate Report Finds PPLI a $40 Billion Tax Giveaway

[ad_1] Best’s News & Research Service subscription required – February 22, 2024 03:54 PM (EST) A Senate Finance Committee investigation charged that private placement life insurance policies are being marketed and used as a tax dodge that, while legal, serves as a giveaway to the very rich. . . . — This content requires a … Read more

Going once, going twice…Open Enrollment ends soon!

[ad_1] Published on January 11, 2024 The clock is ticking for you to get health coverage for 2024. Open Enrollment for Marketplace health plans ends January 16. Coverage starts February 1. Act now: Enroll in health coverage that meets your budget & needs New to HealthCare.gov? Create an account to fill out an application for … Read more

Health insurance and your taxes

[ad_1] Published on February 22, 2024 If you had Marketplace coverage at any point in 2023 and got the , here’s what you need to know about filing your federal taxes.  Keep your Form 1095-A in a safe place  This form has important information about the Marketplace plans your household had in 2023.  Check that your Form 1095-A … Read more

Shifting Business Mix as Cat Losses Rise

[ad_1] Best’s News & Research Service subscription required – February 22, 2024 11:19 AM (EST) Intact Financial Corp. plans to keep changing its business mix as anticipated natural catastrophe losses rise, Chief Executive Officer Charles Brindamour said during a fireside chat with TD . . . — This content requires a subscription — Already a … Read more

Former OneMain Financial Exec Joins Brightway as CEO

[ad_1] Best’s News & Research Service subscription required – February 21, 2024 05:02 PM (EST) Brightway Insurance appointed Nick Clements, an executive with more than 20 years of experience in financial services, as its new chief executive officer, effective March 1. . . . — This content requires a subscription — Already a Subscriber? Log … Read more

Making the case for resilience before ‘sustainability’

[ad_1] Making the case for resilience before ‘sustainability’ | Insurance Business America Environmental Making the case for resilience before ‘sustainability’ The concept has become watered down, expert argues Environmental By Gia Snape Sustainability has transcended the realm of corporate responsibility; today, it’s a strategic imperative for all organizations that want to be viable in the … Read more

Is auto insurance keeping house payments high?

[ad_1] Is auto insurance keeping house payments high? | Insurance Business America Motor & Fleet Is auto insurance keeping house payments high? Rising auto insurance rates helped drive a recent spike in the CPI – which may have a knock-on effect on the rest of the economy Motor & Fleet By Ryan Smith Is auto … Read more

QBE group chief executive talks insurer’s stability

[ad_1] QBE group chief executive talks insurer’s stability | Insurance Business America Insurance News QBE group chief executive talks insurer’s stability CEO shares plans and priorities for major insurer Insurance News By Terry Gangcuangco QBE Insurance Group is “much more” stable now, according to group chief executive Andrew Horton (pictured), who recently sat down with … Read more

State Senate looks to slash insurance premium tax

[ad_1] State Senate looks to slash insurance premium tax | Insurance Business America Property State Senate looks to slash insurance premium tax But some politicians argue this isn’t effective – or enough Property By Matthew Sellers In a move to combat surging insurance costs that plague the state’s homeowners, Florida Senate leaders have proposed a tax … Read more

‘Legal’ insurance tax break blasted

[ad_1] ‘Legal’ insurance tax break blasted | Insurance Business America Life & Health ‘Legal’ insurance tax break blasted Democratic-led committee targets wealthy over “booming tax dodge” Life & Health By Ryan Smith The wealthiest Americans are using high-end life insurance plans as a way to dodge billions of dollars in taxes, according to a Senate … Read more

Beazley Creates Cyberrisk Management Company

[ad_1] Best’s News & Research Service subscription required – February 21, 2024 12:45 PM (EST) Beazley has merged its in-house cyber services team with its wholly owned cyber security company Lodestone, creating an integrated cyberrisk management company, Beazley Security. . . . — This content requires a subscription — Already a Subscriber? Log in  Register your … Read more

What They Are and Why They Matter

[ad_1] This post is part of a series sponsored by AgentSync. Yes, PBM is yet another in a long line of insurance acronyms, but where would we be without them? Using a lot more words to say the same thing, for sure! With prescription drug costs ever increasing (and an ever-increasing topic of conversation), it’s … Read more

TT Club’s Global Risk Assessment Director to Retire After 50-Plus-Year Career

[ad_1] Best’s News & Research Service subscription required – February 20, 2024 04:17 PM (EST) TT Club, an international freight and logistics insurer, said Laurence Jones, global risk assessment director, will retire at the end of 2024. . . . — This content requires a subscription — Already a Subscriber? Log in  Register your purchase Not … Read more

Top 5 Insights from INTRConnect 2024

[ad_1] This post is part of a series sponsored by CoreLogic. The property insurance industry’s first event of the year, CoreLogic’s second annual INTRConnect, was held in Austin, Texas, and brought together more than 1,200 passionate professionals from across the property insurance and restoration industry. The event was a hub of excitement, with underwriters, claims … Read more

Inflation Fueled Casualty Reserve Strengthening

[ad_1] Best’s News & Research Service subscription required – February 16, 2024 12:21 PM (EST) Swiss Re Ltd. boosted casualty reserves in 2023, as inflation reduced certainty for longer-tail lines in a year that otherwise saw a big profit rise, said its chief executive officer. . . . — This content requires a subscription — … Read more