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Hilb Group Acquires Pennsylvania-based Sharpline Insurance Brokerages, Adds to Property & Casualty Market Presence

November 29, 2022

–The Hilb Group announced today that it has partnered with Pennsylvania- based Sharpline Insurance Brokerages, expanding the company's growing property& casualty presence throughout the Mid-Atlantic. Agency principal Ron Ebert and his team of insurance professionals will join the Hilb Group's Mid-Atlantic regional operations. "We are thrilled to be…

Chubb Appoints Lyndsey Christofer Real Estate & Hospitality Industry Practice Leader

November 29, 2022

–Chubb has named Lyndsey Christofer Real Estate& Hospitality Industry Practice Leader, overseeing the strategic direction of the practice and leading Chubb's REH-dedicated underwriting, risk consulting and claims specialists as they deliver comprehensive solutions for Chubb's REH clients and distribution partners. Christofer will continue to…

Simplicity Welcomes Triton Brokerage to the Group and Adds Bob Ogurcak and Matt Woodson to its Partnership

November 29, 2022

–Simplicity Group today announced the acquisition of Triton Brokerage Group. Founded by industry veterans, Bob Ogurcak and Matt Woodson, both of whom become Simplicity Partners following the transaction, Triton is a national distributor of annuity products, life, long-term care, and disability insurance. "If you are the company you keep, then Triton is…

Openly Modernizes Homeowners Insurance with Growth Strategy Driven by Verisk Data

November 29, 2022

–Openly, a growing provider of homeowners insurance, is delivering a modern, simplified customer experience powered by advanced technology and data from Verisk, a leading global data analytics provider.. “In today’ s challenging economy, profitable growth is top of mind for property insurers,” said Doug Caccese, president of risk assessment, underwriting…

Transamerica Appoints Todd Buchanan President of World Financial Group and Head of Transamerica Financial Advisors

November 29, 2022

–Transamerica announces today that Todd Buchanan is appointed President of World Financial Group Insurance Agency, LLC, Senior Vice President at Transamerica, and head of Transamerica Financial Advisors, Inc.. World Financial Group serves the insurance needs of middle-income individuals and families in the U.S. and Canada, offering a wide array of life…

House Transportation & Infrastructure Subcommittee Issues Testimony From Airlines for America Associate General Counsel Keithley

November 29, 2022

The House Transportation and Infrastructure Subcommittee on Aviation issued the following testimony by Airlines for America Associate General Counsel Graham Keithley at involving a hybrid hearing on Nov. 17, 2022, entitled " Accessible Air Travel: Addressing Challenges for Passengers With Disabilities":. My name is Graham Keithley, and I am Vice President…

AMS Management Group to Acquire Insurtech Platform Adaptrack

November 29, 2022

AMS Management Group announced today the acquisition of Adaptrack, an AI-powered behavioral nudge insurtech platform. The acquisition enables AMS Management Group and its insurance offerings through Applied Medico-Legal Solutions Risk Retention Group, Inc. to continue to evolve its industry leading physician model while advancing current…

TechAssure Announces New European Member, DPS International & Appoints International Vice Chair, Tanja Merkel of BüchnerBarella

November 29, 2022

–TechAssure, an association dedicated to advancing corporate insurance and risk management practices for companies with technology-related risks, is pleased to welcome their newest Member from Croatia, DPS International. DPS International is an independent insurance and reinsurance broker based in Zagreb. DPS is licensed to deliver services directly…

Lexasure Offers Health Insurance Providers a Comprehensive Customer Portal with Vivacity

November 29, 2022

–Half of the world's population is expected to live in developing Asia by 2025 amid an increasingly aging demographic. Against this backdrop, Lexasure Financial Group, a leading insurtech provider in Southeast Asia, has launched Vivacity, a comprehensive mobile app designed to promote healthy lifestyles and improve engagement. "Demand for healthcare…

Callan survey: 35% of respondents investing in ESG, down from 49% in 2021

November 29, 2022

–Callan, a leading institutional investment consulting firm, announced the results of its 10th annual ESG Survey, revealing that 35% of respondents incorporate environmental, social, and governance factors into investment decision-making. "The level of interest and debate about ESG has never been more intense in the U.S.," said Tom Shingler, senior vice…

Everspan Group Announces Retirement of Wyatt Blackburn

November 29, 2022

Everspan Group, a specialty property and casualty insurance platform owned by Ambac Financial Group, today announced that Steven K. Dresner has been appointed President of Everspan, succeeding Wyatt Blackburn, who has retired. “Wyatt successfully led the Everspan organization through its launch and current growth trajectory, creating a culture of…

Boston Mutual Life Insurance Company Launches Individual Solutions Program

November 29, 2022

–Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced today the launch of its Individual Solutions Program. Boston Mutual Life expands its insurance offerings to families in Massachusetts with a new Individual Solutions Program.. "We are eager to further our insurance offerings…

Charles Taylor Acquires Ohio-based Third-Party Administrator, the Matrix Companies

November 29, 2022

Charles Taylor, a leading provider of claims solutions to the United States and global insurance markets, announced today it has acquired The Matrix Companies, a third-party administrator and risk management specialist. “Throughout this process, Charles Taylor has proven to be a company who places a high value on providing superior client service while also…

Medicare open enrollment ends Dec. 7

November 29, 2022

It's time to buy or change your Medicare coverage by Dec. 7. The Centers for Medicare& Medicaid Services recommends that you compare plans every year to keep up with changes in those plans and your own health needs. According to the Kaiser Family Foundation, Snohomish County residents have 55 Advantage plans to choose from for 2023— the most in the state, and more…

Edmunds: How to mitigate rising auto loan interest rates

November 29, 2022

The Federal Reserve issued its latest interest rate hike in early November. "High APRs coupled with 72- or 84- month loans result in a person paying roughly a 20% premium over MSRP over the life of the loan," said Ivan Drury, director of insights for Edmunds. On a $40,000 vehicle, with the current average APR of 6.3% and a 72- month term, this translates to $8,139 in…

Fed president sees inflation fight stretching into 2024

November 29, 2022

The Federal Reserve head in St. Louis expects the central bank's fight to curb high inflation in the U.S. economy to stretch into 2024.. Louis Federal Reserve President James Bullard told MarketWatch's economics editor Greg Robb the Fed could slowly raise interest rates to a range of 5 percent to 7 percent. The Fed has raised interest rates six times this year as…

The new reality: A $700 monthly car payment

November 29, 2022

–When average monthly new-car payments surpassed $700 in May and car prices reached record highs, many potential car buyers decided to sit on the sidelines until the market returned to normal. The Federal Reserve continues to raise the federal funds rate, driving auto loan interest rates to a 20- year high, and the average new-car transaction price remains…

Alabama Medicaid expansion effort will have consequences

November 29, 2022

Chris Elliott feels that a push for Medicaid expansion could come from Republican legislators when the new legislative quadrennium starts in March 2023. I do not imagine that Sen. Elliott opposes Medicaid expansion because he wants Alabamians to forgo access to quality health care. Rightly, he has serious questions about the long-term impacts on Alabama's…

Medicaid expansion again on Wyo. lawmakers' agenda

November 29, 2022

CHEYENNE— Lawmakers in the 67th Wyoming Legislature will decide whether to expand the state's Medicaid program eligibility in the upcoming general session. If approved, Wyoming will be the last state in the West to do so. The Legislature's Joint Revenue Committee voted 9-5 on Tuesday to sponsor a bill that would allow the Wyoming Department of Health director,…

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