Applied Underwriters Chairman Steve Menzies has announced the formation of Album Life Assurance. The new Company is the result of a partnership between Applied Underwriters and Health Outlook, a health prediction company. The mission of Album Life Assurance is to find innovative ways to use life science and biotechnology to enhance valuable, personalized life insurance […]
Jewelers Mutual Group, the insurance and business solutions provider dedicated to the jewelry industry since 1913, announced the creation of a Jewelry Industry Council tasked with identifying challenges facing the industry and proposing solutions, including financial investments to address them. The Jewelry Industry Council is comprised of individuals from various areas of the industry throughout […]
Insured’s Suit for Fire Insurance Benefits Defeated by Qui Tam Claim by Insurer In Lisa A. McCullough v. Metlife Auto & Home, No. 4:20-CV-01807, United States District Court, M.D. Pennsylvania (September 30, 2022) McCullough sued seeking to force MetLife to pay Plaintiff for an insurance policy on the McCullough’s home, which was destroyed in a […]
In Diane Creel and Lynn Creel v. Dr. Says, LLC, et al., Civil Action No. 4:18-CV-00615, United States District Court, E.D. Texas, Sherman Division (September 27, 2022) the plaintiffs obtained a verdict against Defendants Dr. Yupo Jesse Chang; MD Reliance, Inc.; Universal Physicians, PA; Dr. Says, LLC; Office Winsome, LLC; and Yung Husan Yao (aka […]
If you ran out of gas, you used to have to hike to the nearest gas station, buy enough gas to get the car to the station, and carry it in a can back to the car. Now, with the miracle of cell phones, you can telephone your road-side service provider, and someone will bring […]
Record growth in agency ranks….As the independent agency channel moves past the coronavirus pandemic and into uncertain economic headwinds, Best Practices agencies achieved record highs in organic growth and profitability, according to the 2022 Best Practices Study by the Big “I” and Reagan Consulting. The Best Practices update is the first one in its three-year […]
The Independent Insurance Agents & Brokers of America (the Big “I”) announced that Bob Rusbuldt, Big “I” president & CEO, will retire next year. Rusbuldt informed the association’s national Board of Directors of his decision at a meeting in Niagara Falls, NY. The longest tenured Big “I” top executive will remain in his current position […]
John F. Finston has been appointed Executive Deputy Superintendent at the New York State Department of Financial Services (DFS). The announcement was made by Adrienne A. Harris, Superintendent of DFS. John’s first day in this role was October 3, 2022. Mr Finston is currently Senior Counsel in McDermott Will Emery’s Insurance Transactions and Regulations Practice Group representing US and international clients […]
As the days shorten, and the temperature drops, backyard campfires are a popular way to extend alfresco entertaining. Sales of portable fire pits and disposable campfires increased significantly during the Covid pandemic. In December 2020, Solo Stoves reported a year over year increase in sales of 30% (www.fastcompany.com). While backyard fire pits can be a […]
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