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10 Best & Worst Robo-Advisors: Q1 2025

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

John Hancock Marks 10 Years of Helping Customers Live Longer, Healthier, Better Lives Since Launch of Industry-Leading Vitality Program 0

John Hancock Marks 10 Years of Helping Customers Live Longer, Healthier, Better Lives Since Launch of Industry-Leading Vitality Program

John Hancock Customers Report Improved Health Indicators and Realize Financial Savings New Collaborations with Function Health and Nutrisense Announced Toronto, ON (May 12, 2025) – Today, John Hancock, a unit of Toronto-based Manulife, is marking the ten-year anniversary of John Hancock Vitality, honoring the insurer’s commitment to helping customers live longer, healthier, better lives. Launched in the spring of 2015, the John Hancock Vitality program, which provides customers with education, support, incentives, and rewards for the everyday things they do to live healthier, has made a profound impact on customers’ lives, improving health indicators, realizing financial savings, and driving significant engagement. “This incredibly meaningful milestone is more than a launch anniversary – it represents the bold choice we made ten years ago to turn the traditional life insurance model on its head,” said Brooks Tingle, president and CEO, John Hancock. “This has forever changed the trajectory of our business. In these ten years, we’ve championed game-changing innovations; cultivated a network of trusted, forward-thinking collaborators; and most profoundly, we’ve prioritized our customers’ health and well-being, in some cases helping them uncover potentially life-saving early diagnoses. This model is not just good for our customers and their families; it’s good for our...

Hub International Launches Small Business Benefits Solutions 0

Hub International Launches Small Business Benefits Solutions

A New Digital Employee Benefits Platform for Canadian Small Businesses Chicago, IL (May 15, 2025) – Hub International Limited, a leading global insurance brokerage and financial services firm, is pleased to announce the launch of HUB Small Business Benefits Solutions. This new offering provides small businesses in Canada with easy, streamlined access to a suite of digitally enabled solutions to help them secure, manage and deliver comprehensive benefits coverage for their employees. Small business owners are committed to providing competitive employee benefits that help attract and retain top talent. With leaner teams and carefully managed budgets, they’re often looking for smart, cost-effective solutions that simplify HR responsibilities and free up time to focus on growth. “HUB Small Business Benefits Solutions gives small businesses access to quality of service, competitive pricing and negotiating power for their employee benefits,” said Matt Lievers, HUB Executive Vice President, Employee Benefits Canada. “By offering affordable, customized benefits, our clients can attract and retain top talent, enhance employee satisfaction and productivity, and demonstrate a strong commitment to the well-being and long-term needs of their workforce.” The HUB Small Business Benefits Solutions platform is a tailored, tech-enabled solution that streamlines the employee benefits process to simplify navigating...

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7 Things the Wealthy Say About Their Spending

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Severe Storm Batters St. Louis, Leaving At Least 4 Dead

Article 0 Comments At least four people died and authorities were searching from building to building for people who were trapped or hurt after severe storms including a possible tornado swept through St. Louis. The storms Friday afternoon tore roofs off buildings, ripped bricks off of siding and downed trees and power lines as residents were urged to take cover. St. Louis Mayor Cara Spencer confirmed the deaths at a media briefing. “This is truly, truly devastating,” Spencer said, adding that the city was in the process of declaring an emergency. National Weather Service radar indicated that a tornado touched down between 2:30 p.m. and 2:50 p.m. in Clayton, Missouri, in the St. Louis area. The apparent tornado touched down in the area of Forest Park, home to the St. Louis Zoo and the site of the 1904 World’s Fair and Olympic Games the same year. At Centennial Christian Church, City of St. Louis Fire Department Battalion Chief William Pollihan told The Associated Press that three people had to be rescued after part of the church crumbled. One of those people died. Stacy Clark said his mother-in-law Patricia Penelton died in the church. He described her as a very active...

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Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes

Article 0 Comments Four months after devastating wildfires swept across Los Angeles, Edison International’s Southern California utility submitted a $6.2 billion mitigation plan that includes installing hundreds of miles of underground distribution lines, among other measures. The utility plans to make the investment over three years starting in 2026 and ending in 2028, according a statement. The proposal calls for the installation of at least 440 circuit miles of covered conductors and at least 260 circuit miles of underground distribution lines, as well as support for aerial firefighting assets like the world’s largest helitankers with nighttime firefighting capabilities. Related: LA Fire Investigation Will Take a Year or More, Edison CEO Says In March, Edison said it had 465 miles of unused power lines like the one believed to have sparked January’s deadly Eaton Fire in LA County. About 250 miles of those lines run through areas at high risk of wildfires. Top photo: Southern California Edison Co. contractors repair power poles after the Eaton Fire in Altadena, California, on Friday, Jan. 17, 2025. Copyright 2025 Bloomberg. Topics Louisiana Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you!...

Driver-Centric Telematics Services Could be Secret Weapon in Fight Against Driver Churn for Commercial Vehicle and Fleet Businesses 0

Driver-Centric Telematics Services Could be Secret Weapon in Fight Against Driver Churn for Commercial Vehicle and Fleet Businesses

New data from Escalent’s Fleet Advisory Hub™ underscore driver influence in commercial vehicle telematics programs, offering new path to differentiation for solutions providers Livonia, MI (May 14, 2025) – The number of connected vehicles on the road is projected to more than double over the next three years. However, while the commercial vehicle telematics market is poised for strong topline growth, the commoditized nature of telematics solutions presents a mounting challenge for service providers. To stand out in an increasingly competitive landscape, telematics solutions providers must find new ways to differentiate their products and services for commercial vehicle and fleet businesses, and drivers could be the key. These are the latest findings of the Roadmap to Telematics Growth report from Escalent’s Fleet Advisory Hub™, a leading insights tool designed to explore the needs, expectations and emotions of commercial vehicle and fleet business decision-makers. Based on input from more than 1,000 fleet decision-makers, this study explores how commercial vehicle and fleet businesses are using telematics solutions today, the barriers to adoption commercial vehicle and fleet businesses face and their plans to invest in connected services in the future. “While telematics adoption is on the rise, not all commercial vehicle and fleet...

Auto Insurer Websites and Apps Become Battleground for New Customers as Policy Shopping Activity Skyrockets, J.D. Power Finds 0

Auto Insurer Websites and Apps Become Battleground for New Customers as Policy Shopping Activity Skyrockets, J.D. Power Finds

Nationwide Ranks Highest in Service; Amica, Erie Insurance Rank Highest in a Tie in Shopping Troy, MI (May 14, 2025) – More than half (57%) of auto insurance customers have actively shopped for a new policy in the past year, the highest shopping rate ever recorded by J.D. Power, and that’s putting more pressure than ever on digital channels, which have become the primary tool through which customers purchase insurance. According to the J.D. Power 2025 U.S. Insurance Digital Experience Study,SM 47% of auto insurance shoppers now purchase their policies through digital channels, but the experiences they are having on those websites and apps is notably uneven from one insurer to the next. “The primary communications conduit customers now have with their auto insurer is a website or an app, so that’s really ramped up pressure on insurers to put their best foot forward on digital properties,” said Eric McCready, director of digital solutions at J.D. Power. “Some insurers are doing this much better than others. Particularly in quoting new policies and comparing prices and coverages, the data shows a stark divide between top and bottom performers, which could have serious effects on new business growth during this period of heightened...

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Widow of Arkansas Airport Director Killed in Raid Sues ATF Over Husband’s Death

Article 1 Comment The widow of an Arkansas airport director who was killed during a Bureau of Alcohol, Tobacco, Firearms and Explosives raid on his home last year sued the agency and several officials, claiming the agency and officers acted recklessly and negligently. Bill and Hillary Clinton National Airport Executive Director Bryan Malinowski died days after he was shot when ATF agents were executing a warrant March 19, 2024, at his home in Little Rock. The ATF said Malinowski shot at agents, striking and injuring one, after which agents returned fire. An affidavit released after the shooting said the warrant was related to accusations that Malinowski bought over 150 guns between May 2021 and February 2024 and that he resold many without a dealer’s license. In the lawsuit, filed in federal court in Little Rock, Maria “Maer” Malinowski accused the ATF and 10 agents and task force officers of violating hers and her husband’s constitutional rights. The lawsuit seeks unspecified damages and requested a jury trial. “The Constitution requires reasonableness and, specifically here, that defendants both knock and announce their presence and purpose and wait a reasonable time before entry,” the lawsuit said. “The ATF failed to do so, resulting...

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People Moves: Zurich NA Promotes Fox to Lead National Accounts, Caminiti CUO

Article 0 Comments Zurich North America announced key leadership changes within U.S. national accounts and underwriting as Heather Fox has been promoted to lead national accounts and Peter Caminiti was promoted to chief underwriting officer. Fox was most recently chief underwriting officer for U.S. national accounts, and Caminiti was most recently head of underwriting for national accounts. Heather Fox Fox will start as head of national accounts, which serves large national and multinational companies, on May 15. She will be part of the Zurich North America executive committee, the group leadership team and the global commercial insurance leadership team. Paul Lavelle, who previously held the post, is retiring. He will remain with the company until June 1. An industry veteran with time at Allstate and AIG, Lavelle was with Zurich for seven years and also served as chief claims officer. Fox joined Schaumburg, Illinois-based Zurich North America as CUO in 2023. She previously worked as general counsel and chief broking officer for ARC Excess & Surplus, and held multiple roles at AIG, including general counsel and CUO of executive liability lines. Peter Caminiti Caminiti will move to become CUO, also on May 15. He will be a member of the...