Climate Change Drives Insurance Woes in Louisiana
Article 0 Comments A little over a year ago, Peter Gardner, a Louisiana developer, completed rehabbing an apartment building with 144 units and got a surprise so ugly it made him decide to move...
Monthly Archive: September 2023
Wells Fargo’s $1B Fake-Accounts Settlement Gets Judge’s OK
Wells Fargo & Co.’s $1 billion settlement of a shareholder lawsuit over unauthorized customer accounts was approved by a federal judge, bringing the total amount the bank has agreed to pay to resolve claims...
Orion Taps AssetMark CEO to Replace Eric Clarke
Orion Advisor Solutions says Natalie Wolfsen, formerly CEO of AssetMark, will become its new CEO in mid-October 2023 — when she also will join Orion’s board of directors. The news comes 11 weeks after current...
New DOL Fiduciary Rule Lands at OMB
Wayne Chopus, president and CEO of the Insured Retirement Institute in Washington, said Saturday in a statement that Labor’s “decision to try again to advance a new fiduciary proposal will hurt working families’ ability...
Swiss Re Reinsurance Solutions and Wysa launch first insurance-specific mental health app measuring an individual’s risk score
Australian insurer MLC Life Insurance is the first partner to bring Wysa Assure to market Together with co-creator, Wysa, Swiss Re is working to develop similar product partnerships with insurers in further regions New...
Gallagher Canada 2023 Mid-Year Market Conditions Report
Exploring trends in the insurance marketplace Rolling Meadows, IL (Aug. 28, 2023) – Gallagher Re is pleased to announce the release of its Canada 2023 Mid-Year Market Conditions Report. Two distinct markets are emerging...
Definity Launches Sonnet Shift Usage-Based Insurance Offering To Give Customers Control Of Their Premiums
Definity becomes first Canadian P&C insurer to offer quarterly savings for drivers based on driving scores Waterloo, ON (Sept. 5, 2023) – Leading property and casualty insurer Definity has launched a new usage-based insurance...
Class Action Claims Mobile Home Park Managers Conspired to Fix and Inflate Lot Rental Prices
Article 0 Comments CHICAGO (AP) – A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices...
Kansas Insurance Department Returns Funds to Group-Funded Pools After Eliminating Assessment Fees
Article 0 Comments Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department (KID) has returned dollars to group-funded pools following the enactment of legislation that does away with two assessment fees. The Department...
12 Fastest-Growing RIAs: 2023
Start Slideshow Neither the down stock market nor high inflation got in the way of the financial advisory industry’s continued expansion in 2022, SmartAsset reported this week. The industry now comprises more than 15,000...