The mortgage lending landscape has shifted dramatically, with recent changes affecting regulatory oversight. With the CFPB no longer enforcing certain protections as rigorously, borrowers and financial institutions alike must navigate an evolving market with increased caution.
Author: Maria Valdez Haubrich
Navigating Market Shifts: Nationwide Expands Surplus Lines Property Offerings
The property insurance market is undergoing significant changes as major insurers scale back in high-risk regions, prompting a surge in demand for excess and surplus (E&S) lines coverage.
SAN Group Welcomes Michael Sakraida as Regional Vice President
Satellite Agency Network Group, Inc. (SAN), the leading alliance of independent insurance agencies in the Northeast, is pleased to announce the appointment of Michael (Mike) Sakraida as Regional Vice President for Massachusetts, New Hampshire, and Maine.
Insurance Leaders Raise Record $1.2 Million for Charity at IICF Southeast Gala
The Insurance Industry Charitable Foundation (IICF), a nonprofit dedicated to strengthening communities, raised a record-breaking $1.2 million at its 13th annual IICF Southeast Gala last week at The Thompson in Dallas.
Property Insurance Market Sees Strong Performance Amid Challenges
The property and casualty (P&C) insurance industry is reporting strong financial results despite rising inflation and recent natural disasters. Insurers have been able to offset higher loss costs through pricing adjustments and strategic underwriting, leading to improved profitability.
Strengthening Wildfire Preparedness: How a New Wyoming Law Aims to Balance Utility Liability and Customer Costs
As wildfire risks continue to challenge power companies and ratepayers alike, Wyoming has introduced a new law designed to enhance safety while addressing the rising costs of liability and insurance for utility providers.
Virginia Declares March 9-15 as Flood Safety Awareness Week
Governor Glenn Youngkin has designated March 9-15 as Virginia Flood Safety Awareness Week, highlighting the importance of flood preparedness as the state enters its spring rainy season and approaches the Atlantic hurricane season.
VGM Insurance Services Expands Coverage With New Senior Living Insurance Program
The latest offering delivers long-term, competitively priced protection for senior care organizations, safeguarding employees, residents, and businesses.
USG Announces Hire of Joel Cheesman in Canton, MI
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Joel Chessman to their Michigan office.
USG Announces Hire of Miguel Garcia in Miami, FL
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Miguel Garcia to their Tampa, FL, office.