Secure 2.0 Is Turning 1, and There Are More Changes to Come
The legislation known as the Secure 2.0 Act — short for the Setting Every Community Up for Retirement Enhancement 2.0 Act — may have become law a year ago, but that doesn’t mean that...
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AI Delivers New Transformative Benefits to Personal Lines
By Heather Turner, ReSource Pro — Personal lines carriers face a range of challenges and mounting pressures. Rising premiums and customer service issues are leading to increased insurance shopping, while inflation causes auto and...
Oakbridge Acquires Akin Insurance Agency in Georgia
Article 0 Comments Oakbridge Insurance Agency, calling itself one of the largest independent agencies with partnerships around the country, has acquired another Georgia company. Shan Akin Akin Insurance Agency, with offices in Vienna and...
Wall Street Wins Bid to Keep Non-Compete Clauses in New York
What You Need to Know New York would have become the second most populous state to ban these clauses, joining California. JPMorgan Chase and Goldman Sachs, for instance, reported pressuring the governor’s office. Gov....
Fall COVID-19 Surge Continues
Early death tracking figures from the U.S. Centers for Disease Control and Prevention show that the recent surge in COVID-19 cases is continuing to increase overall U.S. mortality. COVID-19, pneumonia and influenza caused at...
Feds Sue Houston-Area Developer For Predatory Lending
Article 0 Comments HOUSTON — Federal authorities on Wednesday sued Houston-area developer Colony Ridge, accusing it of luring Latino home buyers into seller-financed mortgages and setting them up to default and face foreclosure. “Colony...
Air Lease Gets Insurance Settlement for 4 Jets Stranded in Russia
Article 0 Comments Air Lease said on Friday it had received about $64.9 million in cash as part of an insurance claim settlement for four Airbus jets it had leased to a Russian carrier,...
People Moves: Everest Promotes Browne to Global Head of Accident & Health; Miller Appoints Board From Conduit Re for Reinsurance Team
Article 0 Comments Everest Group Ltd., the Bermuda-based property, casualty, and specialty re/insurer, announced that Glen Browne has been appointed to global head of Accident & Health (A&H), effective immediately. Browne will continue to...
People Moves: Triple-I Adds 4 Non-Resident Scholars; Tate Appointed Aspen’s Head of Product for Inland Marine; Schuermann Named President of Berkley Entertainment
Article 0 Comments The Insurance Information Institute (Triple-I) announced the appointment of four new Non-Resident Scholars (NRS). Teresa Chan, Director – Insurance Management Program School of Professional Studies, Columbia University Seth Rachlin, Assistant Teaching...
These Stock Forecasters Nailed This Year’s Rally. Here’s What They See for 2024
“Stocks lead earnings, which lead the economy, and it’s absolutely ridiculous when I hear people saying ‘I’m going to wait, the recession will tell us when to buy stocks.’ No, it won’t. Stocks tell...