Understanding Net Unrealized Appreciation
What You Need to Know Clients often want to move retirement cash into IRAs. High employer stock prices may lead to capital gains tax headaches. An NUA election can ease the pain. Many 401(k)...
Tagged: News
El-Erian Says Fed’s High Rates Are at Odds With Market
The Federal Reserve’s delay of interest-rate cuts in a bid to temper inflation runs the risk of falling behind the curve, according to Mohamed El-Erian. “The Fed pivoted on the basis of data. It...
Prioritize Community Resilience Amid Increasing Risk: Co-operators
Canadian financial services and insurance co-operative sheds light on efforts to catalyze a sustainable, climate-resilient Canada Guelph, ON (May 13, 2024) – In a year marked by financial volatility and a worsening trend of...
Financial Planning in the First Year of Widowhood
What You Need to Know While it’s important not to rush into discussions about finances after a spouse’s death, some tasks, like filing the final joint tax return, can be time-sensitive. Review the late...
Mosaic offers customized professional liability protection for specialist engineers
Hamilton, Bermuda (May 9, 2024) — Mosaic Insurance is pleased to announce it has launched a suite of professional liability products for specialist engineers, offering US$15 million in targeted primary coverage for unique risks....
People Moves: AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC/Europe
Article 0 Comments AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC & Europe AXA XL announced that Robert Riha has been appointed as chief client & distribution officer, APAC & Europe,...
Messagepoint Announces AI-powered Translation Accuracy
Messagepoint’s latest version includes key capabilities that ensure accuracy while accelerating translation processes for customer communications Toronto, ON (May 17, 2024) – Messagepoint Inc. is pleased to announce enhancements in the latest release of...
Security First Touts 5% Rate Decrease for HO-3, Renters Policies in Florida
Article 0 Comments Citing the stabilizing impact that legislative reforms have had on the Florida market, Security First Insurance Co. executives this week announced two residential property rate reductions of more than 5%. “For...
SSRU Partners with Millennium Insurance Corporation to Further Increase Commercial Property Capacity
Toronto, ON (May 15, 2024) – SSRU is excited to announce a partnership with Millennium Insurance Corporation effective April 1, 2024. This strategic alliance has increased SSRU’s A-rated Commercial Property capacity to $38.5M for...
Markets/Coverages: Aon Offers Carbon Capture, Storage Insurance for Energy Transition
Article 0 Comments Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged in storing carbon dioxide for decarbonization projects across the globe. The...