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The Travelers Companies, Inc. today announced the recipients of its 2024 Personal Insurance Agent of the Year Award. “In the dynamic landscape of insurance, independent agents play an indispensable role in helping customers safeguard the things that matter most to them,” said Michael Klein, Executive Vice President and President of Personal Insurance at…

Madeleine Dean, D- Pa., introduced the "Flood History Information Act" on March 5, 2024. A bill to provide for the disclosure and sharing of certain policy and claims information under the National Flood Insurance Program, and for other purposes; to the Committee on Financial Services. Andrew R. Garbarino, R- N.Y., and Jennifer Wexton, D- Va..

First American Title Insurance Company, a leading provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation, today announced enhancements to the industry’ s first multisite commercial real estate closing transaction solution, a key component within its end-to-end digital platform…

RGA Life Reinsurance Company of Canada, a subsidiary of Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, and The Manufacturers Life Insurance Company, a subsidiary of Manulife Financial Corporation, a leading international financial services group, announced today the completion of the largest universal life…

Leading AI-powered regulatory compliance company 4 CRisk.ai is excited to announce its newest customer, Guidewire, the industry-leading cloud-based Property and Casualty insurance software provider. Grace Beason, Director of Governance, Risk and Compliance at Guidewire, remarked,“ 4 CRisk’ s innovative approach to AI-driven compliance supported by deep…

This is required by law in most states and is the foundation of car insurance policies. It's designed to protect you financially if you're found at fault in an accident and cause injury or property damage to others. Liability coverage encompasses two components: bodily injury liability coverage and property damage liability coverage.

Mr. Deacon will become a member of Sun Life's global Executive Team. Mr. Singh will continue in his role as President of Sun Life Asia and as CFO until Mr. Deacon assumes his new role. Mr. Deacon brings over 20 years of global experience in Insurance, Wealth and Asset Management, Investments and Capital Markets.

-Manulife Financial Corporation announced today it has agreed to reinsure $5.8 billion of reserves 1 of low ROE Canadian Universal Life block to RGA Life Reinsurance Company of Canada. Key Highlights of the Transaction: Reinsures $5.8 billion of reserves 1 of low ROE Canadian Universal Life block Represents largest Universal Life reinsurance transaction…

–Yotta Automated Software Solutions Inc., the platform of record for real-time vehicle lienholder, registration, and title data, announced that the company has joined Guidewire's Insurtech Vanguards program, a new initiative led by property and casualty cloud platform provider, Guidewire, to help insurers learn about the newest insurtechs and how to best…

Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced that Jim Williamson has been promoted to lead Everest’ s reinsurance and insurance businesses. Mr. Williamson currently serves as Everest’ s EVP, Group Chief Operating Officer and Head of the…

House Republicans released a new budget proposal that would raise the Social Security retirement age, restructure Medicare, ban abortion and threaten fertility treatments. On Social Security, the RSC budget plan proposes "modest adjustments to the retirement age for future retirees to account for increases in life expectancy," but does not specify what that…

ATLANTA- A plan by state Senate Democrats and some Republicans to fully expand Medicaid coverage in Georgia was shot down Thursday by the narrowest margin- a tie vote in a Senate committee. Matt Brass, R- Newnan, brought a proposal to expand Georgia's Medicaid program through a waiver the state would seek from the federal Centers for Medicare and Medicaid…

Prudential's Robert Fishbein highlights important financial planning to-dos before April 15.. "Some people are calling 2025 the Super Bowl of taxes," says Robert Fishbein, vice president, Tax. Many tax filers often forget, or do not realize, that if you sell furniture, clothing, tickets or anything else through a third-party marketplace, like eBay, Amazon or StubHub,…

When the coronavirus threatened to turn the nation into a graveyard of failed businesses, Congress rushed through an emergency loan program: about $800 billion— roughly the size of the annual defense budget— was doled out in a matter of months to millions of companies. “It was a free for all,” said Michael Brown, an FBI supervisory special agent who heads a financial…

—Former President Donald Trump could find out Monday how New York state aims to collect over $457 million he owes in his civil business fraud case, even as he appeals the verdict that led to the gargantuan debt. James, a Democrat, told ABC News last month that if Trump doesn't have the money to pay, she would seek to seize his assets and was "prepared to make sure that the…