At present, the gender gap in life expectancy in the United States has become the largest since 1996. At birth, this outlook changed for all population groups, and the average lifespan fell from 78.8 years in 2019 to 76.4 in 2021. This drop is apparent in both groups. For gentlemen, it decreased
The concept of micro-captive insurance is garnering significant attention in Florida as small businesses seek alternatives to traditional insurance due to soaring commercial insurance rates. Despite the increased scrutiny by the IRS concerning potential tax implications, more small business owners
The recent regulatory roundup highlights various state-level legislative and compliance actions within the insurance sector across the United States, emphasizing insurance fraud, new regulatory initiatives, and significant compliance-related fines. This comprehensive summary aims to outline the key
Jason Bertoldi's recent appointment as global team leader for litigation and contingent risk insurance at Alliant Insurance Services brings a wealth of knowledge and a robust background to the company. Based in Irvine, California, Bertoldi is set to assist clients in securing tailor-made contingent
Zurich Insurance Group has made a significant move in the global travel insurance sector by acquiring American International Group’s (AIG) global personal travel insurance and assistance business, including Travel Guard, for $600 million. This acquisition not only solidifies Zurich's position as
In a strategic move that underscores Nationwide's commitment to growth and innovation, Brad Carrier has been appointed as the new leader of Brokerage Annuity Distribution for Nationwide Annuity. Carrier, who has been with the company since 1999, brings with him extensive experience and a proven
Ondo InsurTech PLC recently announced the signing of a contract with Selective Insurance, aiming to extend the reach of its LeakBot technology to four additional U.S. states. Following a successful initial launch in New Jersey, LeakBot will now be accessible to homeowners in Virginia, Pennsylvania,
Symetra Life Insurance Co. has revealed possibly compromised customer data due to unusual activities detected on its customer portal over a six-month period. This unsettling discovery highlighted the reality of potential data breaches, prompting Symetra to notify the Massachusetts Attorney
Navigating the complexities of running a commercial business involves managing high expectations and inherent uncertainties. Leaders often face challenging decisions with limited data, making the selection of a reliable insurance partner crucial for mitigating risks and ensuring operational
Swiss Re, a leading provider of reinsurance and insurance-linked financial solutions, reports that supply chain disruptions have cost organizations an average of $184 million annually. These disruptions are a significant concern for businesses worldwide. The recent years have shown the
