Powerful Core Data Record now secures the insurance lifecycle

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. The London Market Group’s (LMG) Data Council, the governing body representing London market brokers, underwriters, and Lloyd’s that sets data standards for market modernisation, has updated the Core […]

Powerful El Niño Insights Secure Global Catastrophe Risk

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. A suppressed Atlantic hurricane season tells only part of the story as bushfire, Pacific, and Asian risks all shift Read Full Article on Source → 💡 What This […]

Insurers allege U.S. Bank wired $14M, ticked its own approval box

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. The bank moved $14M out of two reinsurance trusts in a single day. Nobody told the insurers Read Full Article on Source → 💡 What This Means For […]

Iran Ramps Up Ship Attacks in Hormuz as Oil, Gas Flows Rise

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil shipments through the world’s most important energy chokepoint […]

CatIQ lifts industry loss estimate for Ontario-Quebec storms to CAD 491m

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. CatIQ, a Toronto-domiciled organisation providing industry-wide catastrophe insurance data and a subsidiary of PERILS, has disclosed an elevated third industry loss estimate of CAD 491 million for the […]

Shadow loan fraud: How can lenders can prepare to combat

📰 Curated Industry Article This is a summary of a full article from a trusted insurance publication. Click “Read Full Article” below to read the complete story. Social media posters are promoting how consumers can acquire properties without engaging the existing lender or servicer, observers of this activity warn. Read Full Article on Source → […]

Does being a self-employed contractor affect how much life insurance I need?

Does my life insurance policy pay for hospice care?

Direct answer It depends on your business debt and lack of employer-sponsored group coverage, as self-employed individuals must calculate their own death benefit to cover both personal obligations and business liabilities. Financial planning calculators for small business owners and independent contractors. For additional information about managing financial obligations as a contractor, see the Internal Revenue […]

Average cost of final expense insurance for an 80 year old

Average cost of final expense insurance for an 80 year old

Direct answer It depends heavily on your medical history, as premiums at age 80 are significantly higher than at younger ages due to the increased life expectancy risk for the insurer. Standard rate-class premium brackets provided by national final expense insurance underwriters. For additional information about how insurers determine premium rates, see the National Association […]

Is extra life insurance necessary for doctors and medical professionals?

Is extra life insurance necessary for doctors and medical professionals?

Direct answer No, there is no professional requirement for doctors to carry specific amounts of life insurance, though high-earners often seek policies that include own-occupation disability riders to protect their significant income potential. Industry standards for financial planning and risk management for medical practitioners. For additional information on physician financial health and risk management, see […]

How can I secure my home roof against summer storm damage?

How can I secure my home roof against summer storm damage?

Direct answer You should inspect your roof for loose shingles and clear overhanging tree limbs, though the effectiveness depends on the age of your roofing materials and your local wind exposure risks. Federal Alliance for Safe Homes storm preparedness guidelines for property owners. For additional information about structural reinforcement and hazard mitigation, see the Federal […]