Monthly Archive: February 2024

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First Acre Insurance Enhances Canadian Farmer Benefits

First Acre Insurance Introduces Legal and Additional Support Services for All, with Option to Include Comprehensive Legal Expense Insurance Burlington, ON (Feb. 1, 2024) – First Acre Insurance, a Managing General Agent (MGA) reshaping...

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Beazley Cyber and Lodestone Merge to Form Beazley Security

Beazley expands focus on cyber security services with creation of Beazley Security: combining its in-house Cyber Services team with Lodestone, its wholly owned cyber security firm, Beazley will focus on improving cyber resilience for...

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Corebridge Still Bullish on Fixed Annuity Sales

The company reported a $1.3 billion loss for the quarter on $3.3 billion in revenue, compared with a $168 million net loss on $4.1 billion in revenue for the fourth quarter of 2022. Adjusted...

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Global Atlantic Closes on $10B Manulife Reinsurance Deal

Global Atlantic, a subsidiary of KKR, has assumed responsibility for the investment risk related to the LTCI block and passed the LTCI claim risk on to another insurer through a “retrocession” arrangement, or a...

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LPL Facing SEC Fine as High as $50M Over Texts, App Use

LPL Financial is facing a fine from the Securities and Exchange Commission of up to $50 million over its lack of compliance with records preservation rules tied to off-channel communications like text messages, according to the...

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People Moves: Bridge Specialty Adds Five to Dallas Office

Article 0 Comments A group of five experienced individuals have joined the new Bridge Specialty Insurance Brokerage – Dallas office. Janie Williams, broker, brings more than 30 years’ experience to Bridge Specialty Insurance Brokerage...