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4 Ways Tariffs Could Hurt Annuity Issuers

/ 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.

Westland Insurance acquires Forefront Insurance Inc. 0

Westland Insurance acquires Forefront Insurance Inc.

Westland continues to focus on intentional M&A strategy with recent acquisition in Alberta Surrey, BC (July 8, 2025) – Westland Insurance, one of Canada’s largest insurance brokerages, is pleased to announce that it has acquired Forefront Insurance Inc., effective July 1. The strategic acquisition is a part of Westland’s ongoing efforts to focus on delivering value and solutions to a broader set of clients, while continuing to scale distribution nationally. Forefront Insurance Inc. supports the Brooks, Alberta community with personalized and specialized insurance solutions. Established in 2015, they offer a broad array of services, including auto, home, farm, ranch, commercial, and recreational vehicle insurance, as well as other custom coverage options. With a dedication to tailored solutions over standardized policies, they continue to be a trusted provider for the region’s evolving insurance needs. Recognized for their entrepreneurial drive and commitment to clients, Forefront Insurance remains focused on protecting what matters most to individuals and businesses in Southern Alberta. “We’re excited to welcome the Forefront Insurance team to the Westland family,” says Jamie Lyons, Westland’s President & CEO. “As we prioritize acquisitions with strong strategic benefits, Forefront’s excellent reputation in Southern Alberta will help us continue delivering value to clients across...

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Low Water Still Hindering Rhine River Shipping in Germany After Rainfall

Article 0 Comments Low water levels following a drought and heatwave in western Europe continue to hinder shipping through the Rhine river in Germany, commodity traders said on Wednesday, with rain in past days generating only a moderate rise in water levels. Low water is hampering shipping on all the river south of Duisburg and Cologne, including the chokepoint of Kaub. Vessels are generally only able to sail about half full, although the volumes they can load have risen slightly, traders said. But cargo is still being delivered, with loads being carried by several vessels instead of one, traders said. Related: Rhine River’s Low Water Levels Provide ‘Further Evidence’ of Climate Change Shallow water means vessel operators impose surcharges on freight rates to compensate for vessels not sailing fully loaded, increasing costs for cargo owners. Only moderate rainfall is forecast in the coming days in river catchment areas, so no major improvement is expected, traders said. The Rhine is an important shipping route for commodities such as grains, minerals, ores, coal and oil products, including heating oil. German companies faced supply bottlenecks and production problems in summer 2022 after a drought and heat wave led to unusually low water levels...

Canadians don’t realize they need travel insurance when travelling within Canada: CAA survey 0

Canadians don’t realize they need travel insurance when travelling within Canada: CAA survey

Thornhill, ON (July 2, 2025) – This summer, many Canadian families are opting to explore the beauty of their own country travelling to top destinations like Vancouver, Calgary and Halifax rather than heading south. While many travellers prioritize insurance for international trips, a recent CAA survey found that many people overlook the necessity of travel insurance for domestic travel, often assuming provincial healthcare will have them covered. “Exploring Canada’s breathtaking landscapes is an adventure worth taking, but unexpected travel hiccups don’t stop at the border,” says Kaitlynn Furse, Director Corporate Communications, CAA SCO. “Whether it’s a sudden medical emergency or trip disruptions, having the right travel insurance ensures you can focus on making memories.” The national travel survey conducted for CAA reveals that four in ten Ontarians (41 per cent) travelled outside their home province without travel insurance during their last trip. Some believed it was unnecessary (43 per cent), others worried about the cost (24 per cent), and 20 per cent took their chances, hoping nothing would go wrong. “Many Canadians assume they’re fully protected when travelling within the country, but that’s simply not the case,” adds Furse. A minor mishap can become a major expense, whether a broken...

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15 Best Value Private Colleges and Universities: 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.

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People Moves: LP Insurance Services Names Rossi Executive Chairman, Cushard CEO and President

Article 0 Comments Rossi Named Executive Chairman, Cushard Named CEO and President at LP Insurance Services LLC Nick Rossi LP Insurance Services LLC named Founder and CEO Nick Rossi as executive chairman. Rossi, who founded the company in 2010, will maintain a role supporting client relationships and the company’s growth. LP Insurance Services is headquartered in Reno, Nevada. Brian Cushard Brian Cushard, president since 2022, has been appointed president and CEO. Cushard joined LP Insurance Services in 2020 as vice president of strategic growth. As president and CEO, he will continue to lead the executive team. He previously served as a senior vice president at both Woodruff Sawyer and Beecher Carlson. Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. The most important insurance news,in your inbox every business day. Get the insurance industry’s trusted newsletter

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6 Reasons Social Security Is Getting Even Shakier

/ 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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12 States With the Most Potential AUM per Advisor

/ 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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Erie Insurance Restores All Operations After Month Outage; Says No Data Breached

Article 0 Comments Erie Insurance reports that it has restored full business operations that have been affected by a month long network outage. The company also said there is “no evidence” of a breach of any sensitive personal information, financial records or legally protected data by the threat actor during this incident. “Key services and systems have been safely and securely restored and our local agents, claims teams and customer care teams have returned to regular ways of serving customers,” the company announced on July 7. The insurer previously said the network and system outage it initiated on June 7 helped contain a threat. The insurer also earlier said that “there is no evidence of ransomware and no indication of ongoing threat actor activity.” Erie has been hit with two class action lawsuits that claim a ransomware group accessed the insurer’s network and there was a data breach. The insurer’s announcement indicates there was no such data breach. Erie’s announcement that it has restored all operations came five days after Philadelphia Insurance reported that all of its systems were back up and running after its network outage. “We have resumed regular operations, though we continue to address minor technical issues...