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Sierra Financial gains approval to acquire Preferred Security Life
The company’s subsidiaries include Sierra Mortgage Capital, a nationwide closed loan mortgage conduit acquiring first lien residential whole loans; Sierra Lending Group, a retail residential mortgage originator serving the Texas market; Sierra Lending Corporation, which offers similar mortgage products in California; and Sierra Insurance Services, a Houston-based insurance agency specializing in life insurance. Source link
The search for America’s best program administrators and carriers begins
Insurance Business America is now accepting entries for 5-Star Program Administrators & Carriers 2025 Source link
Allstate agent faces lawsuit over lapsed flood policy
The case, Gerald J. Candeloro v. Allstate Insurance Co., et al., involves a dispute between Gerald J. Candeloro and Jason Garoppolo, an Allstate agent and owner of the insurer’s Groton, Connecticut franchise. Candeloro, who owns property in Mystic, Connecticut, had consistently purchased a FEMA flood insurance policy for the property through Allstate since 2000. His…
World Insurance acquires Royalty Insurance Services in trucking sector deal
New partnership strengthens national reach and client service capabilities Source link
WTW’s Willis unveils AdWrap for marketing, media, and influencer productions
Coverage under the AdWrap program is available throughout all production stages, from pre-production through the final airdate, covering live-action, digital, print, and social media content. Policies offered through AdWrap cover property, casualty, and contingent risks. Source link
Lemonade CEO reflects on State Farm’s 2018 ‘attack ad’
“We envision a future, not a distant one, where many of our colleagues are AIs. Imagine an actuary who can join a Zoom call anytime, 24/7, with access to all of Lemonade’s historical and real-time data,” he told the audience of insurtech and insurance leaders in London. Source link