The insurance crisis intensifies in the Gulf states.

Homeowners in Gulf Coast states are facing serious challenges as the home insurance market tightens. Premiums are skyrocketing, foreclosures are on the rise, and many are finding themselves without adequate coverage. This troubling situation has been highlighted in a recent report from the Insurance Fairness Project. The crisis is especially severe in states like Louisiana, … Read more

Data Privacy in 2025: The Significance of Compliance for Trust and Enhanced Security

Data privacy is becoming a big concern for everyone, from the government to small businesses and individual workers. With the rise of technology, people are worried about how their data is collected, stored, and accessed. There’s little room for mistakes in today’s digital world. This year, changing data privacy laws are forcing businesses to rethink … Read more

How obtaining a certification as an employee benefits specialist can enhance your career in insurance.

Many people are looking for ways to advance their careers in the insurance industry, and one option that stands out is the Certified Employee Benefits Specialist (CEBS) certification. This credential is becoming increasingly important for professionals in human resources and insurance. It focuses on managing employee benefits and retirement plans, which are critical areas for … Read more

ARAG Group experiences a surge in premiums, increasing by over 17%.

The ARAG Group has announced impressive financial results for the fiscal year 2024, showcasing a premium growth of 17.5%. This growth translated into an increase in revenue, which rose by €416 million to approximately €2.8 billion. Despite facing higher claims expenses that led to a decline in underwriting results to €96 million, the company reported … Read more

Healthcare expenses rise as pressure increases on employers and insurers, according to a report.

Healthcare costs are rising, and this trend is causing challenges for employers, brokers, and insurers. A recent report from Stealth Partner Group highlights the need for a rethink in how benefits are structured and funded to cope with these increasing expenses. The report, part of their State of the Market series, notes that changes in … Read more

How privacy concerns are transforming business strategy

As data privacy rules grow stricter, businesses are rethinking how they handle digital risks. This shift is not just about following the law anymore; it’s about ensuring that companies can keep running smoothly while also protecting their long-term interests. Sonia Cheng, a senior managing director at FTI Consulting, emphasizes that the rising demands for data … Read more

Insurance industry updates: Lockton, Protecdiv, NFP, and UIBL.

Several prominent insurance and advisory firms are making significant changes to their leadership teams as they aim to broaden their services in various sectors, including entertainment, employee benefits, public sector, and marine insurance. Lockton has reappointed Jeff Miller as the national practice leader for its Stop Loss and Pharmacy teams. This move is part of … Read more