U.S. Insurers Expected to Increase Investment Risk Tolerance Amid Concerns of Higher Volatility and Inflation | A Conning Survey
US insurers are expected to increase their risk tolerance and grow portfolio allocations to private assets amid their concerns about higher market volatility and inflation, according to a new survey of U.S. life and property & casualty (P&C) insurers, sponsored by leading global insurance asset management firm Conning.
Governor Ron Santis of Florida offered an excellent example of what a state leader can do for insurance pricing and availability. The governor intervene to make it more difficult for trial lawyers and others to pillory the industry. He did this on the heels of what has been a volatile situation in the Sunshine State […]
As the plight of US citizen and Navy veteran Taylor Dudley, detained since April 2022 by Russian authorities, increased to a level of grave concern for all Americans, the Steve Menzies Global Foundation (www.boldthinkers.org) intervened and effected his rescue and safe return on Thursday, January 12th at the Bagrationovsk-Bezledy border crossing between Poland and Russia. News […]
The New York Insurance Association (NYIA) has announced the election of its 2023 officers and board of directors. The following officers were elected for a term ending Dec. 31, 2023: Chair: Charles Makey, president, Merchants Insurance Group, Buffalo, N.Y. First vice chair: Edward Harper, president and chief executive officer, Statewide Underwriting Services, Schenectady, N.Y. Second […]
υOwning a business comes with unique challenges but protecting your business, employees and customers should not be one of them. That is where insurance comes in, a resource that provides peace of mind and security during unforeseen times. Thank Goodness for Insurance or TGFI, a campaign that aims to educate consumers about insurance, is an […]
APIW, Inc. has announced taht Janet Jordan-Foster, Executive Vice President, and Head of Primary Casualty Insurance at AXIS, has been selected as the 2023 recipient of the prestigious APIW Insurance Woman of the Year Award. Ms. Jordan-Foster will be recognized with this award on Thursday, May 11, 2023, from 6:00 – 8:00 p.m. at The […]
Starting February 1st, Notaries Can Register the Capability to Offer Electronic Notary Services in New York. Existing Notaries Can Choose to Keep the Traditional License. The New York State Department of State today announced the availability of an online application and registration portal for notaries starting February 1st, 2023. Notaries can now register the capability to perform […]
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE – Vice President/Media Editor A home break in occurs every 30 seconds in the United States. Department of Justice statistics reveal that there are over 1.65 million home invasions per year, resulting in an average loss of nearly $3,000 per invasion(simplyinsurance.com). Helping clients prevent home invasions […]
Presidential Commutation Doesn’t Stop Retrial On Cases Where Jury was Hung In United States Of America v. Philip Esformes, Nos. 19-13838, 19-14874, United States Court of Appeals, Eleventh Circuit (January 6, 2023) Philip Esformes challenged his convictions of healthcare fraud, illegal kickbacks, and money laundering and the related restitution award and forfeiture judgment. After Esformes […]
by Jane M. Orient We are all grateful that Buffalo Bills player Damar Hamlin survived his encounters with sudden death (two encounters—his heart stopped twice). He has expressed gratitude for the thousands who prayed for him, and he was delighted to be able to attend a Buffalo Bills-Bengals playoff game just 20 days after his […]
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