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Northwestern Mutual to hire 5,000 new financial advisers
In Oregon, the company plans to add 83 financial professionals, with positions available in Portland, Lake Oswego, Bend, and Eugene. Additionally, Northwestern Mutual Goodwin, Wright plans to recruit 30 new financial advisers, representatives, and interns in 2025. Source link

How the reinsurance market shapes P&C insurance rates for real estate investors
However, reinsurance can also be a driving force behind premium increases and market restrictions. When reinsurers experience heavy losses from natural disasters, economic downturns, or global events, they adjust their rates and underwriting requirements to compensate. These increased costs trickle down to primary insurers, who, in turn, raise their rates to offset the higher reinsurance…

Why the smartest wholesale brokers find ways to say “yes”
Not every broker wants to run toward hard-to-place risks. In a tough market, where even standard lines like auto liability require creativity and layered placements, the wholesale distribution market has experienced significant growth, driven by increasing demand for specialized insurance solutions. However, this rising demand has not simplified deal closures, particularly for new businesses. Source…

Alabama Supreme Court sides with insurance trust in commercial lease dispute
The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples would…

Central’s Loss Control Construction Specialist
At Central Insurance, we understand construction businesses’ unique safety challenges. That’s why we’re dedicated to providing comprehensive risk management solutions to protect your team and your bottom line. We’re excited to introduce Shawn Gentry as our new loss control construction specialist to enhance our commitment to your safety. With over a decade of hands-on experience…