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Florida Peninsula Managers to be Renamed Windward Risk Managers and Expands Capabilities to Service New Carriers

BOCA RATON, Fla., Aug. 20, 2024 /PRNewswire/ -- Florida Peninsula Managers, the Managing General Agency (MGA) behind Florida Peninsula Insurance and Edison Insurance, is changing its name to Windward Risk Managers to better position itself for growth and new opportunities. Over the past two...

Beware of Company-Owned Life Insurance – Connelly v. United States | Farrell Fritz, P.C.

On June 6, 2024, the Supreme Court unanimously decided the case of Connelly v. United States, which concerned the valuation of a business with company-owned life insurance. In this case, two brothers were the sole shareholders of a company. The company had a buy-sell agreement...

AM Best Places Credit Ratings of American Heritage Life Insurance Company Under Review With Negative Implications – Insurance News

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of American Heritage Life Insurance Company (American Heritage) (Jacksonville, FL). This follows the...

Visitors can access emergency medical treatment at HMC with mandatory insurance

Doha: With the recent increase in visitors to Qatar, Hamad Medical Corporation (HMC) has released information on emergency medical treatment and assistance for them. It is designed to help visitors understand the healthcare system in Qatar in case emergency medical treatment and assistance are...

Higher fire insurance

Topline: Climate change is a major driver of higher insurance rates. But the economic principle of “winner’s curse” can lead to higher prices and less participation in insurance markets due...

Frank D. Hallberg Jr. – Hingham Anchor

August 17, 2024 Note to Readers: This is a longer version of the obituary published in the Boston Globe Frank D. Hallberg Jr. of Hingham, formerly a longtime resident of Burlington, passed away on Thursday, August 8, 2024. He was 92. Frank was born in Boston...