Author: awbfinancial4

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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...

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Final DOL Fiduciary Rule Likely Out This Year

The Labor Department’s revised fiduicary rule proposal will likely be finalized this year, with a Jan. 1, 2025, effective date, according to ERISA attorneys. During their Inside the Beltway webcast Thursday, Fred Reish and...