Selective grows premiums, boosts book value in profitable Q1

President Donald Trump’s pro-business stance and “America First” philosophy could make US firms more profitable, which could positively impact valuations, according to at least one specialist. At the same time, however, economic uncertainty, driven by Trump’s tariffs and trade policies, could dampen M&A as investors take a wait-and-see approach. Source link

American National has also been restructuring its property and casualty operations. In 2023, the company announced its exit from the homeowners insurance market in nine states, including California, Louisiana, Arkansas, Colorado, Minnesota, Oklahoma, South Carolina, South Dakota, and Washington. The company attributed the decision to profitability challenges in those markets.  Source link

LIC’s Index Plus is an excellent choice for those looking for a balanced approach to life insurance and investment. Whether you want to secure your family’s future, plan for retirement, or simply grow your wealth, this plan offers flexibility, protection, and growth potential. With guaranteed additions, flexible coverage options, and tax benefits, it’s a reliable…

Sankaran has more than 30 years of experience in global operations and transformation roles across several industries, including insurance, healthcare, finance, procurement, and human resources. He has held senior positions at Wipro, Accenture, GeBBS Healthcare Solutions, WNS, GE Capital, and Pfizer, managing global teams and client portfolios in various market conditions. Source link

Consumers who unknowingly purchase the fraudulent policies not only lose their money, but may face serious consequences for driving without valid insurance, officials said. That includes vehicle registration revocation or impoundment by law enforcement. Source link

Chief Judge Philip A. Brimmer of the U.S. District Court for the District of Colorado denied a motion filed by La’Tonya Ford, a former Jackson National employee and intervenor plaintiff, who had sought his recusal along with that of Magistrate Judge Timothy P. O’Hara. Ford, who is representing herself, claimed that both judges demonstrated partiality…