Monthly Archive: August 2024

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Insurers, Agents Speak Up for Life Insurance Awareness Month

Life Happens and its supporters are spreading the message that responsible adults need life insurance to protect their loved ones and pay their final expenses. The National Association of Insurance and Financial Advisors affiliate...

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Insured losses from Jasper wildfire surpass $880 million

Alberta’s insurers on the ground helping residents beginning the recovery process Toronto, ON (Aug. 5, 2023) – This summer’s devastating wildfire in the Municipality of Jasper and Jasper National Park resulted in over $880...

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Social Security Funds Will Last Until 2034: CBO

The program’s revenues would remain near 4.5% of GDP during that 75-year period, according to the report. After 2098, the gap between revenues and outlays as a percentage of GDP would widen, and shortfalls...

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Oklahoma Bulletin Addresses Upcoming Legislative Changes

Article 0 Comments Oklahoma Insurance Commissioner Glen Mulready addressed upcoming legislative changes in an Aug. 26 bulletin to insurers. The legislative changes, which go in effect on Nov. 1, include updates to contact information,...

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Inszone Acquires Texas’ Keith Williams Insurance Agency

Article 0 Comments Inszone Insurance Services, a provider commercial, personal and benefits insurance, announced the acquisition of Keith Williams Insurance Agency, Inc. (KWI), a Victoria, Texas-based agency serving individuals and businesses throughout Texas. This...

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Consumer Confidence Hits 6-Month High

“Consumers’ assessments of the current labor situation, while still positive, continued to weaken, and assessments of the labor market going forward were more pessimistic,” Dana Peterson, chief economist at the Conference Board, said in...

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BNY to Pay $5M Over Swaps Reporting

The reduced penalty reflects BNY’s self-reporting, the CFTC said. Last year, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Bank of America Corp. also settled cases with the CFTC over swaps reporting. “Accurate reporting is...