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Unlocking Efficiency in Life Insurance Renewals: The Hidden Cost of Manual License Verifications

Dec 16 2024 // This post is part of a series sponsored by AgentSync.Keeping insurance producers’ licenses and appointments compliant is a critical responsibility shared by nearly everyone in the insurance distribution channel....

Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening

Nov 22 2024 // Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s...

Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say

Oct 18 2024 // Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources...

Japan’s Non-Life Insurers Must Cut Cross-Shareholdings to Zero, Industry Group Says

Sep 19 2024 // A trade group representing Japan’s biggest non-life insurers said on Thursday that its member firms should set a clear deadline to cut their strategic holdings of listed client shares to zero. The General Insurance...

Carolina Insurance Agent Charged With Forging Life Insurance Policies on 16 People

Jun 7 2024 // North Carolina authorities have charged a Battleboro insurance agent with 74 counts after they said he forged life insurance applications for 16 people.Jonathan Michael Vlasak, 35, a licensed producer qualified to sell...

Fort Myers Life Insurance Broker Charged With Policy Fraud, Misusing ID Info

Jun 4 2024 // Florida financial regulators have charged a Fort Myers insurance broker with taking out a life insurance policy on a person without their knowledge and misusing the person’s identification information.Bryce Corey...

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