Higher interest rates, driven by the Federal Reserve’s anti-inflationary campaign, have provided the life insurance industry a new opportunity to profit.
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Electric Car Tax Breaks Will Benefit U.S. Car Brands
Beginning on Tuesday, rules determining which electric vehicles qualify for tax credits will benefit American brands such as Tesla and General Motors the most
Proposed Climate Disclosure Rule Exposes Surprising Splits Among Businesses
When regulators announced a plan to require businesses to disclose their carbon emissions and other climate data, they knew they were stirring up a political storm.
Inszone Insurance Services Expands Reach into the Chinese Market with Champions Insurance Group Acquisition
Inszone Insurance Services announced the acquisition of Champions Insurance Group, an agency with a decade-long track record in the Houston community.
Quieter Hurricane Season Predicted: Colorado State University Forecast
The likely development of El Niño should bring a “slightly below-average” Atlantic hurricane season, top forecasters announced Thursday at a hurricane conference in Texas. But the forecast also notes a high level of uncertainty.
Aon Estimates Q1 2023 Global Insured Catastrophe Losses at $15B
Te Impact Forecasting division of insurance and reinsurance broker Aon has issued a preliminary estimate for first-quarter 2023 insured global catastrophe losses, putting the total at around $15 billion.
Millions Gain Access to 401(k)s as More Small Businesses Launch Plans
A relatively strong job market, new tax breaks, and state mandates are encouraging more small businesses to offer 401(k) plans to their employees.
The Hanover Announces Launch of Cyber Risk Management Program for Commercial Lines Customers
The Hanover Insurance Group, Inc. today announced the launch of its Hanover CyberSecure Program™.
Global Watchdog Issues Blueprint for Banks to Report Cyberattacks
The G20’s financial watchdog recommended a blueprint for banks to report cyberattacks in a standard format.
Gallagher Re: Hard Market for Aviation Reinsurance to Continue
As aviation reinsurance continues to recover from large losses caused by a number of challenges in recent years, the medium-term outlook suggests that the market will remain difficult for some time to come.