S&P 500 Climbs as 90% of Its Shares Push Higher
“We are now entering a new phase in which preemptive cuts (as opposed to reactive cuts driven by bigger rises in unemployment) can de-risk the forward growth outlook, he noted. “Provided the Fed is...
Monthly Archive: July 2024
People Moves: Leif Assurance Promotes Worden to Sales Manager
Article 0 Comments Robert Worden Leif Assurance, headquartered in St. Louis, promoted Robert Worden to sales manager. Worden will also serve as the commercial lines’ sales manager for Leif’s sister company, Powers Insurance &...
Is instant quoting the future of cyber insurance and broker-carrier relations?
By Aaron Davidson, CEO, Relay Platform — For better or worse, the cyber environment is a place of constant evolution. On one hand, that evolution means tremendous innovation. However, those leaps forward are unfortunately...
Wealth Firm Serving Doctors Lands $200M Investment, Buys RIA
What You Need to Know The investment will help fuel more deals and product development, the firm says. Earned Wealth, a tech-centered financial services firm focused exclusively on medical professionals, announced Thursday a $200...
Fifth Third Bank to Pay $5M Fine for Illegally Forcing Car Insurance Onto Borrowers
Article 0 Comments Fifth Third Bank agreed this week to pay a $5 million fine for illegally forcing vehicle insurance onto borrowers who had coverage. Fifth Third also agreed to pay a $15 million...
People Moves: Society Insurance Names Brown to Board of Directors
Article 0 Comments Society Insurance, headquartered in Fond du Lac, Wisconsin, elected Sherman Brown of Chicago as a director at its annual meeting of policyholders. Thomas Gross retired from Society’s board of directors after...
Markel Canada Unveils Official Markel Play Insurance Product & Services
Toronto, ON (July 9, 2024) – Markel Canada, a division of London-based casualty insurer Markel International and a subsidiary of Markel Group, is excited to announce the official launch of Markel Play, a comprehensive...
CHES Special Risk Announces Enhanced Specialization in E&O Insurance Products
Comprehensive Coverage, Expert Support, Industry Expertise, and Broker Support as the Cornerstone Toronto, ON (July 8, 2024) – E&O insurance, also known as Professional Liability insurance, is crucial for professionals who offer advice or...
Westland Insurance acquires Alberta Best Insurance Ltd.
Westland continues to grow across Canada with an Alberta acquisition Surrey, BC (July 8, 2024) – Westland Insurance is pleased to announce that it has acquired Alberta Best Insurance Ltd., effective July 2. This...
Follow Harry Dent at Your Own Peril
My friends here at ThinkAdvisor just ran a story featuring Harry Dent, noting his latest prediction: that the S&P 500 is going to fall by 86%. I’m writing to say that, when it comes...