Newswires

And you'll be in good company: 70% of U.S. households have a pet, according to the 2021-2022 American Pet Products Association National Pet Owners Survey. Americans spent $103.6 billion on their pets in 2020 alone, APPA says. Medical issues are almost inevitable for pets, and costs are likely to rise, says Kristen Lynch, executive director of the North American Pet…

-Sun Life Financial Inc. announced today that it completed the redemption of all of its issued and outstanding Class A Non-Cumulative Rate Reset Preferred Shares Series 12 R. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia,…

CINCINNATI, Ohio and LONG BEACH, N.Y., Dec. 31, 2021/ PRNewswire/– Core Specialty Insurance Holdings, Inc. and its subsidiaries and Lancer Insurance Company, both specialty property and casualty insurers, announced today the completion of the merger combining the companies in a stock and cash transaction, which was previously announced on April 16, 2021.

Global Agricultural Crop Insurance Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market […]

AXA announced today that it has completed the sale of its Belgian banking operations, AXA Bank Belgium, to Crelan Bank NV/ SA, for a total consideration 1 of Euro 691 million, comprised of a net cash consideration of Euro 611 million 2, and the transfer to AXA Belgium of 100% of Crelan Insurance 3. In addition, AXA andCrelan have enteredinto a long-term P&C…

The National Credit Union Administration today liquidated Portsmouth Schools Federal Credit Union in Portsmouth, Virginia. Newport News Shipbuilding Employees Credit Union, doing business as BayPort Credit Union, immediately assumed Portsmouth Schools Federal Credit Union's assets, member shares, and loans. Administered by NCUA, the Share Insurance…

–New York Life Investments today announced the appointment of Karen Hammond to the Board of Trustees of the MainStay MacKay DefinedTerm Municipal Opportunities Fund and the MainStay CBRE Global Infrastructure Megatrends Fund as a Class II Trustee. Ms. Hammond is replacing Richard H. Nolan, Jr., who has served as a Trustee to one or more of the registrants within…

T. Rowe Price Group has completed its planned acquisition of New York- based Oak Hill Advisors for $4.2 billion, making its first big expansion into private markets as it looks to grow beyond its better-known mutual fund retirement business. T. Rowe had said it would pay $3.3 billion at closing, including about three-quarters in cash and a quarter in T. Rowe Price…

It sounds morbid, but when you're shopping for a life insurance policy, insurers want to know the answer to one question: What's your life expectancy? Morbid obesity is a big risk, too, "says Jeremy Hallett, CEO of Quotacy, an online insurance brokerage. The reason is simple, says Maureen Shaughnessy, research actuary at LIMRA, a life insurance trade organization.

However, climate change may require more research before deciding to move, according to James Ciprich, certified financial planner and wealth advisor with Regent Atlantic Capital. From torrential rainfalls in New York City to record-breaking, triple-digit highs in the Pacific Northwest, weather conditions are becoming more extreme.

–A common and often costly mistake when it comes to business succession planning is not starting the process early enough. The COVID-19 pandemic has caused many business owners to reconsider their business succession plan and retirement. According to PwC’ s 2021 US Family Business Survey, only one-third or about 34% of US family businesses have a robust,…

Three Hackensack- based cancer care providers will pay the state $425,000 to settle allegations they exposed the personal health and financial information of more than 105,000 customers during a pair of data security breaches in 2019, the New Jersey Attorney General's Office announced Wednesday. Regional Cancer Care Associates, the umbrella name for…

Dec. 31— Fast-growing Steam Logistics has taken a large chunk of space in one of Unum's buildings in downtown Chattanooga as the company awaits the opening of its new headquarters nearby in 2022.. Jason Provonsha, chief executive of the Chattanooga- based logistics business, said Steam is leasing 30,000 square feet in the 555 Walnut building on Unum's campus for…

The National Health Insurance Fund has issued a one-month extension to current contract with hospital care providers which was set to end on December 31 ending after medics union had vowed not to sign the new working contract citing lack of public participation. The consortium of health professional association bodies led by Kenya Medical Association,…

A new Gearhart firehouse, potential new ZIP code and downtown business moves were among the big stories in Gearhart in 2021.. Gearhart is working with planners to bring the 30- acre Cottages at Gearhart subdivision off Highlands Lane into the city's urban growth boundary in a land swap for acreage in the city's "no-build" zone near the ocean.

2021 DEC 30– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– The Ardonagh Group announces that it has agreed to acquire MDS Group, a leading insurance broker and risk management advisor across the Portuguese-speaking world and Europe. Headquartered in Porto, Portugal, MDS has offices in Brazil, where it is the country’ s largest…

2021 DEC 30– By a News Reporter-Staff News Editor at Insurance Daily News– United Services Automobile Association has been issued patent number 11200550, according to news reporting originating out of Alexandria, Virginia, by NewsRx editors. The patent’ s inventors are Singfield, Joy Shantia. This patent was filed on November 13, 2019 and was published online…

2021 DEC 30– By a News Reporter-Staff News Editor at Insurance Daily News– From Washington, D.C., NewsRx journalists report that a patent application by the inventors BOBERG, Jan; CHANDARANA, Anand, filed on December 17, 2019, was made available online on December 16, 2021. The patent’ s assignee is Molnlycke Health Care AB. News editors obtained the following quote…

2021 DEC 30– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a patent application by the inventors Kirkeby, Cynthia Fascenelli; Ko, Anthony Suk, filed on October 9, 2019, was made available online on December 16, 2021. No assignee for this patent application has been…