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Contractors, attorneys and public adjusters say pending insurance reforms will hurt policyholders – Sun Sentinel

With Florida’s legislature poised to enact yet another package of insurance reforms this spring, members of industries whose incomes will be hurt by the measures lashed out at a contractor trade show on Friday, accusing insurers of prioritizing profits over people.As exhibitors packed...

Two Big Ideas for Preventing Another Banking Crisis

No limitsLast year, Marc Lasry, the owner of the Milwaukee Bucks basketball team, revealed that its star player, Giannis Antetokounmpo, at one time had been putting his money in 50 banks, with no single account holding more than $250,000. Why? Because Antetokounmpo wanted...

All eyes are on this business-interruption suit that put other litigation on hold

Ocean Casino Resort in Atlantic City. (Credit: Chris6d via Wikimedia Commons) Nearly all the courts hearing COVID-related business-interruption coverage disputes around the country have ruled in favor of insurance companies, but some are hoping an upcoming appeal at the New Jersey Supreme Court...

AM Best Affirms Credit Ratings of The Penn Mutual Life Insurance Company and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial ... DE), Vantis Life Insurance Company (Windsor, CT) and The Penn Insurance and ... Source link

Prudential Financial CEO: Leadership Next podcast interview

On this week’s episode of Fortune‘s Leadership Next podcast, co-hosts Alan Murray and Ellen McGirt talk with Prudential Financial CEO Charles Lowrey about the relationship the company has with its longtime hometown of Newark, N.J. (and why it’s never moved away); increasing access to financial services for...