–Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Individual Disability Income Market Survey. "Uncertainty from the COVID-19 pandemic and related product marketing challenges affected new sales growth, and is likely why we saw a decrease in premium in 2020," says Tasha Khan, a principal at Milliman and…
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kWh Analytics, the market leader in Insurance for the Energy Transition, launched the first-of-its-kind Solar Generation Advance today. The innovative new offering was developed in partnership with Excelsior Energy Capital. kWh Analytics has structured the Solar Revenue Put on $3 billion projects, enhancing project economics and protecting against…
–Ethos, the insurtech leader that's transforming life insurance, has hired industry veteran Marty Schafer as its first Chief Distribution Officer to bolster the company's channel distribution. Schafer joins Ethos following more than two decades in the life insurance industry, most recently as Senior Vice President at Crump Life Insurance Services.
Insurance giant Allstate has reached an agreement to sell its longtime Northbrook headquarters for $232 million, the company announced Monday. The sale to Dermody Properties, a Nevada- based industrial developer that specializes in e-commerce and logistics sites, encompasses the majority of the sprawling campus along I-294 in an unincorporated area of…
"For most Americans, Social Security represents the foundation of their retirement plan," said David Duley, PlanGap's Founder and CEO. According to the most recent Social Security Confidence Survey, conducted after the 2021 Trustees Report was published, 7 out of 10 Americans age 45+ doubt they will receive their full Social Security benefits as promised.
Their team approaches claims from multiple angles: building damage, business or personal property damage, loss of income, and extra expenses. A. Schoeneman has been providing reliable, compassionate, and efficient services for Chicago, like maximizing insurance claims or repairing property damage, for over 55 years. That's exactly what happened to a…
GEICO significantly increased starting salaries for sales, service and claims positions at the company’ s Kansas City regional office. Sales and service associates at GEICO are licensed, professional insurance agents, provided with extensive training and continuing education. Kansas City associate Katie Campbell came to GEICO like many other associates:…
The Allstate Corporation today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The company plans to keep a significant presence in the Chicago area, including its existing office space in downtown Chicago. The Allstate Corporation…
Health plans are expecting 2022 premiums to increase by 5.6% for Group fully-insured plans and by 2.8% for Individual plans. For Group plans, this growth is 0.7 percentage points higher than their expectations for 2021. For Individual plans, growth expectations are higher by 5.0 percentage points.
Yum China will offer enhanced medical insurance coverage of up to RMB 1 million to each of its approximately 10,000 restaurant general managers. Thanks to their dedication, Yum China has been able to provide customers with uninterrupted access to meals and excellent service while also supporting the community through trying times, " Joey Wat, CEO of Yum China,…
Universal Insurance Holdings today announced today that they recently joined the U.S. Environmental Protection Agency’ s Green Power Partnership. Universal Insurance Holdings, Inc. is using 652,000 kilowatt-hours of green power annually, which is enough green power to meet 25 percent of the organization's electricity use. "EPA applauds Universal…
Entry into a Material Definitive Agreement. On November 26, 2021, Allstate Insurance Company, an indirect wholly owned subsidiary of The Allstate Corporation, entered into a definitive Purchase and Sale Agreement with DPIF3 Acquisition Co LLC, an affiliate of Dermody Properties, to sell the Registrant's existing headquarters at 2675, 2700, 2755, 2775, and…
Elizabeth Warren, the liberal Democrat from Massachusetts, described him as a“ dangerous man” who“ failed as a leader” at the U.S. Federal Reserve. Donald Trump called him“ clueless” and an“ enemy” of the U.S. when he refused to cave into the then-president’ s self-serving demands to overheat the economy. No wonder we like him, and no wonder we support President Joe Biden’ s…
The partnership will enhance Steadily's product offering by providing an instant rate, quote, bind platform for the market of over 17 million direct-to-consumer landlords across the United States. "As an innovative new insurtech brand, Steadily looks for partners who complement our digital approach and are engaged underwriters for high growth programs,"…
The findings are part of new research released this month by the Frank Church Institute at Boise State University. The report says that 20% of people surveyed this fall in Idaho, Utah, Nevada, Wyoming and Montana said they believe political violence is justified when things have gotten to the point that the government is not acting in the best interest of the…
The "Global Insurtech Market Size, Share& Trends Analysis Report by Type, by Service, by Technology, by End-use, by Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com' s offering. The global insurtech market size is expected to reach USD 60.98 billion by 2028 and is projected to register a CAGR of 48.8% from 2021 to 2028.
–Aflac, a leading provider of supplemental insurance in the U.S., announced that Chief Digital Information Officer Rich Gilbert was recognized as a 2021 CIO of the Year ® honoree by GeorgiaCIO. Gilbert was presented with an ORBIE Award in the Global category for helping reinvent Aflac as a digital-first company, an initiative that was accelerated during the…
If your parents are getting close to retirement age, or are already retired, it may be time to talk with them about financial and aging issues, some of which may involve difficult conversations. For the sake of everyone in your family, don't avoid these "taboo" topics. You'll need to be careful about approaching these subjects with your parents.
–Open enrollment for the Health Insurance Marketplace in New Hampshire runs through January 15, 2022. Next year, Ambetter from NH Healthy Families is offering affordable health insurance options statewide in New Hampshire through the federal Health Insurance Marketplace. "The COVID-19 pandemic has further emphasized the importance of making healthcare…
