INSURANCE

Florida’s homeowner’s insurance crisis could worsen as more companies downgrade their ratings

Florida’s homeowner’s insurance crisis could worsen as more companies downgrade their ratings

WEST PALM BEACH, Fla. – Little has changed in lowering homeowner’s insurance premiums since the Florida State Legislature came into session in May. As many as 400,000 homeowners in Florida have had their insurance dropped or received non-renewal letters since January. In addition, 275,000 homeowners had to find a new insurance provider because their companies …

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How PCF Insurance focuses on intentional, strategic growth with agency partners

How PCF Insurance focuses on intentional, strategic growth with agency partners

Today, we are one of America’s top 20 insurance brokerage companies, serving more than 465,000 clients through our nearly 165 agencies* in 37 states. While our collaborative structure enables PCF to provide our clients with comprehensive services spanning business lines, personal lines, employee benefits and risk management solutions, our success is as much about our …

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The financial and insurance industry offers the best work-life balance

The financial and insurance industry offers the best work-life balance

Macdongtran / Pixabay Since March 2020, the lines between work and our personal time have blurred like never before. While the work-from-home policies popularized by the pandemic have given employees more freedom than ever to schedule their work, it’s also made it much harder for some people to truly switch off and achieve true work-life …

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My children do not have life insurance.  Here’s Why

My children do not have life insurance. Here’s Why

Image source: Getty Images Does life insurance for children really make sense? Key points Life insurance provides important insurance protection. I do not have life insurance for my children. Buying life insurance for children often does not make financial sense. Life insurance provides very important protection. In my family, we have life insurance for myself …

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Manulife explains the highs and lows of its latest financial results

Manulife explains the highs and lows of its latest financial results

“In fact, our Canadian and US segments have been delivering double-digit numbers since the beginning of the year [new business value] growth, driven by higher sales and better margins,” added Gori. Canada posted underlying earnings growth of 8.5% to CA$345 million in the second quarter of 2022, compared to CA$314 million in the same period …

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Congress passes a bill to lower drug prices and expand insurance subsidies for many Americans

Congress passes a bill to lower drug prices and expand insurance subsidies for many Americans

President Joe Biden is expected to sign legislation aimed at lowering drug prices and expanding health insurance subsidies for many Americans. The legislation, called the Inflation Reduction Act, has been passed by the US Senate and House of Representatives. Biden hailed the bill as a win for working families and said there would be a …

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Jumping ship: Canceling long-term care insurance

Jumping ship: Canceling long-term care insurance

Author: Lynne Giacobbe Lost in the headlines surrounding inflation and oil prices is another financial pressure, this one aimed at older Americans — long-term care insurance (LTCI) premiums are rising for some. Lynne Jacob Long-term care insurance is designed specifically to cover the cost of home care, assisted living and nursing care for those who …

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Manulife explains the highs and lows of its latest financial results

Manulife explains the highs and lows of its latest financial results

“In fact, our Canadian and US segments have been delivering double-digit numbers since the beginning of the year [new business value] growth, driven by higher sales and better margins,” added Gori. Canada posted underlying earnings growth of 8.5% to CA$345 million in the second quarter of 2022, compared to CA$314 million in the same period …

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FEMA presents initial flood risk data to city officials – InsuranceNewsNet

FEMA presents initial flood risk data to city officials – InsuranceNewsNet

MARTINSVILLE – The city of Martinsville met with Federal Emergency Management Agency (FEMA) to review the city’s preliminary flood insurance map and flood insurance study report. The meeting also covered a comprehensive analysis of the flood zones of the AE zone for the country West Fork White River located nearby Martinsville Levee. AE flood zones …

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