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Penn Mutual welcomes new Chief Information Security Officer

March 29, 2022

–The Penn Mutual Life Insurance Company, a Fortune 1000 company, announces that Mark Strosahl has joined the company as chief information security officer, reporting to Greg Driscoll, chief operating officer of the company's life insurance and annuities line of business. Strosahl received his bachelor's degree in information systems management and his MBA…

MassMutual and NMSDC team up for First-Ever, Financial Professional Affiliated with MassMutual Certification Grant Initiative

March 29, 2022

–Massachusetts Mutual Life Insurance Company, a leading mutual life insurance company, and the National Minority Supplier Development Council, America’ s most influential and successful minority business development organization, are entering into a partnership to certify Black financial professionals affiliated with MassMutual as minority…

AFR Insurance Partners with InvoiceCloud to Launch New Online Payment System

March 29, 2022

OKLAHOMA CITY& BOSTON—- AFR Insurance has partnered with InvoiceCloud, an EngageSmart solution for online bill payment services, to launch an enhanced online billing and payment system for AFR Insurance customers. AFR Insurance implemented InvoiceCloud to provide a more user-friendly and streamlined portal with diverse payment options so customers can…

American Heart Association: Stroke Treatments Safe and Effective for People With Existing Disability or Dementia

March 29, 2022

DALLAS, Texas, March 29– The American Heart Association issued the following news release on March 28, 2022:. According to a new American Heart Association scientific statement, people with dementia or a pre-existing disability who receive timely and appropriate treatment for ischemic stroke may avoid additional disability and the subsequent health and…

Surety Company Ditches Brokerage Model, Goes Direct

March 29, 2022

Jet Insurance Company understands the key pain points associated with bonding, leading the company to replace brokers with cutting-edge, intuitive technology. Per Chief Marketing Officer Joseph Pappalardo, "Our massive investment in researching every bond ensures Jet is able to deliver a process that is geared to the specific surety needs of our customer,…

Integrity Reinforces Commitment to Innovation by Acquiring Yellowstone Life Insurance Agency

March 29, 2022

–Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement solutions, today announced it has entered into an agreement to acquire Yellowstone Life Insurance Agency, a financial services brokerage based near Fort Worth, Texas. As part of the acquisition, Scott Rumbo, President of…

Gramercy Surgery Center and EmblemHealth Announce Outpatient Surgical Concierge Program for EmblemHealth Members in NYC

March 29, 2022

NEW YORK, NY, UNITED STATES, March 29, 2022/ EINPresswire.com/– Gramercy Surgery Center and EmblemHealth, one of the nation's largest nonprofit health insurers, today announced a new program that strives to ensure EmblemHealth members across New York City have access to Gramercy Surgery Center’ s award-winning, in-network, multispecialty outpatient surgery…

SEC Charges Seven California Residents In Insider Trading Ring

March 29, 2022

The Securities and Exchange Commission today announced insider trading charges against three software engineers employed at Twilio, Inc., a San Francisco- based cloud computing communications company, and four family members and friends for allegedly generating more than $1 million in collective profits by insider trading ahead of the company's…

Man Sentenced To 16 Years For Faking Broker’s License, Defrauding Investors

March 29, 2022

GRAND RAPIDS— A Grand Rapids man, serving prison time for home invasions in Ottawa County he committed while nude, has been sentenced to another 16 years behind bars for securities fraud. Joshua Rupp, 37, pleaded guilty to defrauding investors and was sentenced last week in federal court, the U.S. Attorney's Office for the Western District of Michigan announced.

Ten Ways Seniors Can Limit The Impact Of Taxes In Retirement

March 29, 2022

For most people in their retirement years, every penny counts. Depending on total income and filing status, people can owe taxes on as much as 50-85% of Social Security benefits. Any income earned up to $19,560 would not trigger Social Security taxation.

MetLife Investment Management Achieves Record $6.0 Billion in Global Agricultural Mortgage Originations In 2021

March 29, 2022

MetLife Investment Management, the institutional asset management business of MetLife, Inc., announced today that it originated $6.0 billion in agricultural mortgage loans in 2021, a record level for MIM, exceeding its previous origination record by 20%. ā€œIn a year when agricultural producers took advantage of strong financial performance and low…

Grim new developments reveal more trouble in Florida home insurance market [South Florida Sun-Sentinel]

March 29, 2022

Instead, he left the proposal up to leaders of the state Senate and House. So far, there’ s been no indication that Senate President Wilton Simpson and House Speaker Chris Sprowls plans to call a special session, said Sen. ā€œThe conditions of the property insurance marketplace in Florida are unsustainable,ā€ the letter said,ā€œ and without the necessary corrective action,…

Rep. Spanberger, Chabot Introduce Bipartisan Bill to Protect Tax Credits of Retired Police Officers, Firefighters

March 29, 2022

U.S. Representatives Abigail Spanberger– a former federal law enforcement officer– and Steve Chabot this week introduced bipartisan legislation to allow retired public safety officers to receive relief on their annual tax returns for their healthcare insurance premiums. To alleviate the burden of paying out-of-pocket for health insurance, Congress…

Worldwide Identity Theft Insurance Industry to 2030 – Featuring Aura, Chubb and Experian Among Others – ResearchAndMarkets.com

March 29, 2022

The "Identity Theft Insurance Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com' s offering. Identity theft insurance is intended to cover some of the costs associated with a theft of one's identity. In addition, it compensates victims for expenses incurred in…

WNS Recognized as ā€˜Leader’ in Insurance BPO Services by ISG

March 29, 2022

NEW YORK, LONDON& MUMBAI, India—- WNS Limited, a leading provider of global Business Process Management solutions, today announced that it has been named aā€˜ Leader’ by Information Services Group in multiple categories of their 2021 ISG Provider Lensā„¢ Insurance BPO Services Quadrant Reports. In the U.S., WNS was recognized as aā€˜ Leader’ in Life and Retirement, Property…

Economic Professors Say Fed Rate Hike Should Slow Inflation

March 29, 2022

The Federal Reserve announced the rate hike on March 16. Typically, the Federal Reserve targets 2% as the nation's inflation rate, which has crept up nearly 6% since early early last year. Officially known as the federal funds rate, the Federal Reserve rate is the interest rate banks pay to borrow and lend to one another.

Sens. Wicker, Hyde-Smith Introduce Bill to Protect Flood Insurance Policyholders

March 29, 2022

U.S. Senators Roger Wicker, R- Miss., and Cindy Hyde-Smith, R- Miss., today introduced legislation to give policyholders more options as the Federal Emergency Management Agency prepares for a nationwide implementation of its new National Flood Insurance Program premium rate structure this week. The Homeowner Flood Insurance Transparency and Protection Act…

Sen. Rubio, Colleagues Introduce Bill to Protect Flood Insurance Policyholders

March 29, 2022

U.S. Senator Marco Rubio joined Senators Cindy Hyde-Smith, John Kennedy, Bill Cassidy, and Roger Wicker in introducing the Homeowner Flood Insurance Transparency and Protection Act to protect Florida homeowners with National Flood Insurance Program policies from the rate hikes that millions of policyholders are slated to see this week.

With questions for FEMA, MS senators fight to halt April flood insurance hike. Here's how. [The Sun Herald]

March 29, 2022

Risk Rating 2.0 is described by FEMA, the agency that administers the flood insurance program, as a way to more fairly distribute insurance costs by taking into account more flood risk variables than are currently considered. Roger Wicker— wrote a letter to FEMA administrator Deanne Criswell arguing there had been insufficient transparency around how the…

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