INSURANCE

Microinsurance market |  The next big thing in insurance

Microinsurance market | The next big thing in insurance

Pune, August 16, 2022 (GLOBE NEWSWIRE) — The microinsurance market by Vendor Assessment, Technology Assessment, Partner and Customer Ecosystem, Type/Solution, Service, Organization Size, End-Use Verticals and Global Microinsurance Market Forecast by Region – Global to 2030 Published by Data Hub of the Market, the Microinsurance Market is anticipated to grow at a solid rate during …

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3 Questions for a litigant turned litigation risk insurance broker (Part II)

(Image via Getty) This week, I continue my written interview with Stephen Kyriacou Jr., who is a managing director and senior attorney in Aon’s Dispute Risk Group, where he structures and deploys litigation risk insurance policies. Last week, Stephen shared a fantastic primer on the existing market for litigation risk insurance, including some of the …

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Trends to impact auto insurance costs in Maryland for the rest of 2022

With major changes in the economy and the auto industry in recent years, auto insurance regulations are expected to shape the industry for the remainder of 2022. A recent market report from LexisNexis has identified trends that have made insurance purchases and policy growth unsustainable: declining car sales due to vehicle shortages and supply chain …

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US Life Insurance and Annuity Market: Report Rising rates provide a tailwind

Some of the same US entities that generated the highest growth rates in life, annuity and accident and health direct premiums and considerations in 2021 may be poised to generate above-market expansion rates again in 2022. The list of fastest-growing US life insurers in 2021, as determined by various criteria set by S&P Global Market …

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AM Best Downgrades Credit Ratings of Bankers Insurance Group Members – InsuranceNewsNet

OLDWICK, NJ–(BUSINESS WIRE)–AM the best has lowered the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Ratings to “bbb-” (Good) from “bbb” (Good) of the members of Bankers Insurance Group (Bankers). The group members are Bankers Insurance Company (St. Petersburg, FL) and its proprietary subsidiaries/victims, Bankers Special Insurance Company …

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Insurance agency owners overwhelmingly see M&A as a success and value independence when pursuing partnerships

HARRISBURG, Pa.–(BUSINESS WIRE)– Eighty percent of independent insurance agency owners and managers say mergers and acquisitions (M&A) are celebrated as a success for the agency, according to a recent survey conducted by The Harris Poll on behalf of Keystone Agency Partners (KAP). , a fast-growing, Top-100 national insurance brokerage platform ranked by Business Insurance. The …

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Insurance agency owners overwhelmingly view M&A as a success and value independence when pursuing partnerships – InsuranceNewsNet

A new research study, commissioned by Keystone Agency Partnersfinds that close personal relationships and better engagement help independent agencies win over larger insurance companies HARRISBURG, Pa.–(BUSINESS WIRE)–Eighty percent of independent insurance agency owners and executives say mergers and acquisitions (M&A) are celebrated as a success for the agency, according to a recent survey conducted by …

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AM Best downgrades the credit ratings of Bankers Insurance Group members

OLDWICK, NJ–(BUSINESS WIRE)–AM the best has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating to “bbb-” (Good) from “bbb” (Good) of members of Bankers Insurance Group (Bankers). Group members are Bankers Insurance Company (St. Petersburg, FL) and its property/casualty subsidiaries, Bankers Specialty Insurance Company (Metairie, LA) …

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Task Force Weighs ‘Limited’ Review of Life Insurance Illustrations Model – InsuranceNewsNet

A state regulatory task force announced Monday that it will revise the rules governing indexed universal life illustrations — with one added twist. The Actuarial Life Task Force opened a comment period on Actuarial Guideline 49-A, through September 6 — echoing a comment period just closed by the Indexed Universal Life Illustration subgroup. The LATF …

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