Similar Posts
Extreme weather events likely to cause billions in insured losses – report
It wasn’t the first time that catastrophe struck during the month Source link
How home and auto insurance shopping is changing – report
Shift reflects broader economic influences, the report says Source link
Eleos Life joins US market via partnerships with Assurity and SCOR
Licensed in 41 states plus the District of Columbia, Eleos Life plans to distribute its products via banks, credit unions, and fintech platforms. The expansion aims to improve access to individual insurance in a market where many consumers lack adequate coverage. Source link
Kennedys posts 13% revenue growth, eyes $1 billion by 2030
John Bruce (pictured), senior partner at Kennedys, attributed the growth to strategic decisions, including new office openings and leadership changes. He outlined the firm’s target to reach US$1 billion (CAD$1.3 billion) in global revenue by 2030, highlighting investments in personnel, processes, infrastructure, and innovation as part of this plan. Source link
Citizens Property Insurance looks for $2.94 billion in new private risk transfer
The report, which reviewed various aspects of the carrier’s operations – including customer service, claims handling, internal audits, and information technology – found that Citizens needs to strengthen its processes to ensure policies adhere to statutory coverage limits. Source link
A Guide for Small Business Owners
As small business owners, staying updated with the latest regulations and compliance standards is crucial for the smooth operation of your business. A significant update that demands your attention is the change in the federal independent contractor test by the U.S. Department of Labor (DOL). Effective March 11, 2024, this new rule has far-reaching implications…