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A.M. BestTV: French Non-Life Insurers See Improving Rates, Says A.M. Best Analyst

May 29, 2018

In this A.M. BestTV episode, Alex Rafferty, senior financial analyst, A.M. Best, discusses the issues shaping France’ s non-life insurance sector’s stable market outlook. However, A.M. Best notes insurers benefit from well-diversified and balanced underwriting portfolios, which allow insurers to benefit from exposure to more profitable lines.”.

Mark Farrah Associates Reports Year-over-year Medicare Supplement Market Growth of 3.8%

May 29, 2018

In the latest Healthcare Business Strategy report, Mark Farrah Associates, www.markfarrah.com, reported Medicare Supplement membership experienced a year-over-year increase of 3.8%. Medicare Supplement plans, also known as Medigap or Med Supp plans, covered almost 13.1 million seniors as of December 31, 2017. Many insurance carriers experienced gains…

The Westport Group Comes in at #29 on Boston Business Journal’s Fast 50 List

May 29, 2018

The Westport Group, the multi-life excess disability insurance provider for more than 30% of the AM Law 100 and top corporations across the US, today announced that it has been named number 29 on the Boston Business Journal Fast 50 list, a registry of the fastest-growing private firms in Massachusetts. Says co-founder and Executive Vice President, Gary Terry: “We…

The Westport Group Comes in at #29 on Boston Business Journal’s Fast 50 List

May 29, 2018

The Westport Group, the multi-life excess disability insurance provider for more than 30% of the AM Law 100 and top corporations across the US, today announced that it has been named number 29 on the Boston Business Journal Fast 50 list, a registry of the fastest-growing private firms in Massachusetts. Says co-founder and Executive Vice President, Gary Terry: “We…

Home Bay Acquires 50% Interest in OTC National L.L.C.

May 29, 2018

–Home Bay, a technology-driven real estate company, announced today that it has purchased a 50 percent interest in OTC National, LLC, a national settlement services company with escrow and title insurance licenses in 31 states. For real estate listings, Home Bay generally charges $2,000 to $3,500 to facilitate a sale rather than a 3% commission.

Save money by thinking like a college student

May 29, 2018

Tackling your financial goals with a scrappy college student mindset could help you set aside more cash. You can trim costs and boost your savings rate by making a habit of comparison shopping, mastering the art of negotiation and more.

Best’s Special Report: U.S. Life/Annuity Insurers’ Net Income Drops Sharply in First-Quarter 2018

May 29, 2018

The U.S. life/annuity industry’ s net income in the first quarter of 2018 declined 54.6% from the same period a year ago, to $3.5 billion from $7.6 billion, mainly due to a drop in pretax net operating income coupled with higher net realized capital losses. The L/A industry’ s capital and surplus increased slightly from year-end 2017 to $376.3 billion as $4.7…

Catastrophe Modelers from TigerRisk Explain What to Watch for During This Hurricane Season

May 29, 2018

“Conditions over the Atlantic are constantly changing, and each forecast is based on other forecasts, so accurately predicting a hurricane season is not easy to say the least,” says Anna Neely a Research and Development Analyst at TigerRisk, a leading risk, capital and strategic advisor to the insurance industry. TigerRisk listed a few early indicators to watch:.

Gov. Scott Issues Updates on Subtropical Storm Alberto Preparedness Efforts

May 29, 2018

Rick Scott, R- Florida, issued the following news release:. Today, Governor Rick Scott received a full update on Subtropical Storm Alberto from the Florida Division of Emergency Management. *Gulf County- T. H. Stone Memorial St. Joseph Peninsula State Park began evacuations on Sunday, May 27 at 8:00 a.m..

Pound 90M of UK Claims Fraud Detected by Aviva in 2017 – Up 5.4 Percent

May 29, 2018

Motor insurance remains of particular concern, representing two-thirds of the total value of fraud detected, and an increase of pound sterling9 million over Aviva’s 2016 figures. Despite recent industry figures showing a drop in the number of motor claims paid, these figures show that the UK’s largest insurer is not seeing any let-up in the number of bogus…

First Choice Insurance Emerges to Be a Premier Resource of Homeowners Insurance in Babylon and Brooklyn

May 29, 2018

Lindenhurst, NY—- 05/29/2018– First Choice Insurance Agency is a reliable name when it comes to availing homeowners insurance in Babylon and Brooklyn at an affordable premium. By availing homeowners insurance in Babylon and Brooklyn through this company, a person can ensure protection to the property against any financial losses arising due to the damage…

Holbrook Insurance Agency Secures Financial Health with Auto Insurance in Laconia and Meredith, New Hampshire

May 29, 2018

Holbrook, MA—- 05/29/2018– It typically occurs to many that once they have bought the car, their responsibility is over. Owning auto insurance in Laconia and Meredith, New Hampshire is a must. Whether one drives on the highway, or off the road, Holbrook Insurance Agency works closely with reliable insurance providers and carriers for delivering protection at…

Leston Welsh joins Prudential Group Insurance as head of Disability and Absence Management

May 29, 2018

Prudential Group Insurance today announced that Leston Welsh has joined the firm as vice president, head of Disability and Absence Management. Prudential Group Insurance is a unit of Prudential Financial, Inc.. Leston Welsh, vice president, head of Disability and Absence Management for Prudential Group Insurance.

The Standard Recognizes Excellence in Disability and Absence Management

May 29, 2018

“Terracon is a true advocate of the Workplace Possibilities program and has a strong corporate culture that aligns with our commitment to help support employees in their quest to stay at work or return to work after a disability leave,” says Brian Kost, senior director of the Workplace Possibilities program.“ They have seen us as a partner since day one.

RightSure Insurance Acquires ETNA Insurance Agency

May 29, 2018

–RightSure Insurance Group announced the acquisition of Tucson- based ETNA Insurance Agency effective May 21, 2018. Based in Arizona, RightSure is licensed to sell personal, commercial and life insurance products in 42 states. With this acquisition, ETNA Insurance Agency customers will gain free access to RATEGuard, as well as other advantages such as…

Electric Wheelchair Market to Observe Strong Development by 2025

May 29, 2018

Valley Cottage, NY—- 05/29/2018– Electric wheelchairs are also called as power chairs or electric? They do not require any human assistance for mobility as they are powered by battery. Factors which are driving the growth of global electric wheelchair market are growing worldwide elderly population, necessity of automated wheelchair for disabled people and…

Expert System Advances Artificial Intelligence for the Insurance Sector

May 29, 2018

–Artificial Intelligence company Expert System continues its growth strategy. To automate these processes, Expert System has developed an offer based entirely on the application of Artificial Intelligence for Robotic Process Automation to enable the automation of complex, information-rich processes. Thanks to the ability to provide both accurate…

Reykjavik Rises, Barcelona Slips And Nice Rebounds As Top European Summer Travel Destinations In 2018

May 29, 2018

–London and Paris continue to be the most popular European destinations for American travelers this summer, but the remaining spots on the Top 20 list saw significant movement from 2017, according to an analysis* by Allianz Global Assistance, a leading travel insurance provider. This year, Reykjavik, Iceland jumped from 17 th to third, Barcelona, Spain slipped…

WNS Named a ‘Leader’ in Everest Group PEAK Matrix™ for Property & Casualty Insurance Business Process Services

May 29, 2018

NEW YORK& MUMBAI, India—- WNS Limited, a leading provider of global Business Process Management services, today announced that it has been named a‘ Leader’ in the 2018 Everest Group PEAK Matrix™ Assessment Report in the Property& Casualty Insurance BPO Service Provider Landscape.‘ Leaders’ were assessed highly for both their impact on the market, and for having the…

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