In a strategic move to expand its portfolio, Core Specialty Insurance Holdings has acquired American National Group’s Specialty Markets Group (SMG), paving the way for the introduction of Core Specialty's brand-new financial services division. This purchase is a key growth initiative for Core S
Running a small business comes with a variety of risks—from onsite accidents to lawsuits over professional errors. Vital to mitigating such unforeseen incidents and the associated financial fallout is obtaining proper insurance coverage. However, the process of selecting the right insurance for y
In the last part of 2023, commercial insurance rates in the US have experienced a notable increase, rising by 6.6% from the previous year. This upturn is part of an ongoing trend where the insurance industry has seen a steady escalation in rates of over 6% for consecutive periods. The comprehensive
Falvey Insurance Group has recognized the changing insurance landscape for various industries and responded by creating an innovative Commercial Output insurance product. This new offering targets the unique challenges faced by sectors such as manufacturing, institutional, industrial, and commerce.
A recent study casts a worrying spotlight on the security of American homeowners, uncovering a vast shortfall in insurance coverage. Alarmingly, over six million U.S. properties, collectively valued at approximately $1.6 trillion, lack any form of homeowners insurance. This exposes them to
Life insurance is a pivotal part of comprehensive financial planning, providing both a safety net for beneficiaries and, in some cases, serving as an investment. Understanding the intricacies of insurance is critical, particularly when choosing between term insurance, which offers protection for a
Whole life insurance is a cornerstone of thorough financial planning, ensuring not only a death benefit for your beneficiaries but also a growing cash value component. This type of insurance differs from term life in that it offers level premiums, avoiding the price increase associated with aging.
The U.S. Postal Service (USPS) workforce has witnessed a significant change in its health benefits landscape with the advent of the Postal Service Health Benefits Program (PSHB). Precipitated by the Postal Service Reform Act of 2022, this move reflects a departure from the Federal Employees Health
