Monthly Archive: November 2023

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MassMutual, PacLife and State Farm Face Genetic Privacy Suits

Three life insurers face lawsuits from consumers in Illinois who object to use of family history questions in life insurance underwriting. The plaintiffs contend that use of family history questions violates the Illinois Genetic Information...

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Specialty Program Group Acquires Illinois’ Insurance Allies

Article 0 Comments Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, announced that it has acquired the assets of Insurance Allies LLC (Insurance Allies), an industry leader in...

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Columbia Threadneedle Cuts 14 Portfolio Managers

Columbia Threadneedle plans to lay off most of the portfolio managers and analysts on three equity investment teams in the United States as the firm seeks to cut costs. The asset manager confirmed that...

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13 New Tax Numbers to Know for 2024

5. Medical Savings Account This is a type of account available to participants in certain high-deductible Medicare plans. For taxable years beginning in 2024, the term “high deductible health plan” means, for self-only coverage,...

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AI + Data is a Force Multiplier for P&C Commercial Lines

By Meredith Barnes-Cook, Partner, Resource Pro Consulting — Data-driven decision-making has long been the goal of P&C commercial lines carriers. There has never been a shortage of data within a carrier’s own walls, and...

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IBAO Provides Consumer Data for Brokers

IBAO is taking steps to become the go-to place for market intelligence data for brokers Toronto, ON (Nov. 2, 2023) – The Insurance Brokers Association of Ontario (IBAO) has published a new data project...