INSURASALES

Fed Official Signals Potential for Interest Rate Cuts Amid Weak Job Data

A Federal Reserve official suggests lowering interest rates following weak U.S. job data, while Chair Powell awaits further inflation impact signals from tariffs.

Plymouth Rock Assurance Names COO and Chief Claims Officer to Boost Independent Agency Operations

Plymouth Rock Assurance appoints Brooke Bass as COO and Dale Brooks as Chief Claims Officer, enhancing operations and claims management in its Independent Agency Group across the Northeast.

Inflation, Annuities, and Retirement Income Security Amid Changing CPI Data

Explore how changes in CPI reporting and BLS leadership impact inflation-protected retirement income strategies, focusing on annuities with fixed escalators versus CPI-based adjustments.

Swiss Re Updates Life Guide with New Underwriting Guidance for Longevity Drugs

Swiss Re's Life Guide update introduces new underwriting guidance for life insurance applicants using repurposed longevity drugs, enhancing risk assessment frameworks and integrating AI tools for improved underwriting decisions.

Allianz Life Cyberattack Highlights Rising Cybersecurity Risks in US Insurance

The 2025 cyberattack on Allianz Life affects 1.4 million US customers, raising industry-wide concerns about data privacy, regulatory compliance, and cyber risk management in life and health insurance.

Legacy Risk Solutions Merges with PointeNorth Insurance Group to Expand Specialty Lines

Legacy Risk Solutions merges with PointeNorth Insurance Group, expanding specialty insurance options in hospitality, trucking, real estate, and transportation across 40 offices with 600+ employees.

Investors Title Company Declares $0.46 Per Share Dividend for September 2025

Investors Title Company to pay $0.46 per share dividend in September 2025. The company underwrites title insurance and offers tax-deferred exchange and investment management services.

Grand Valley Summer Hailstorm Drives Surge in Insurance Claims and Roof Repair Backlogs

The June 2025 Grand Valley hailstorm caused significant damage leading to increased insurance claims, roof repair backlogs, and heightened demand for local contractors. Insurers and repair shops adapt to evolving market pressures.

State Farm Halts New Home and Business Insurance in California Over Wildfire Risks

State Farm suspends new home and business insurance applications in California due to soaring wildfire risks and rebuilding costs, highlighting challenges in the property insurance market.

Friends of Jack Foundation Receives $10,000 from Liberty Mutual Make More Happen Awards

Friends of Jack Foundation awarded $10,000 by Liberty Mutual and Safeco Insurance through Make More Happen Awards to support child life specialists and community programs.