"Some policyholders might be unaware that the well-known, conservative life insurer they purchased a policy from decades ago is now owned by a private equity firm, whose funds are illiquid and risky because of the debt financing used to buy companies." Robert … [Read more...] about Living with Private-Equity Owned Life Insurance – 5/28/2023
Archives for May 2023
How Will Economic Pressures Affect P&C Industry? 5/22/2023
This article from the Insurance Journal highlights Robert Hartwig's recent presentation from NCCI Annual Insights Symposium in Orlando. The article summarizes the current state of workers comp and the P&C insurance industry amidst economic pressures. This piece also calls … [Read more...] about How Will Economic Pressures Affect P&C Industry? 5/22/2023
Fla. and La. must borrow millions to pay insurance claims – 5/2/2023
The Gulf Coast insurance crisis has hit a new low as two state-chartered insurance associations are being forced to borrow hundreds of millions of dollars for the first time in three decades to pay the hurricane claims of insolvent insurers. The Louisiana association had to … [Read more...] about Fla. and La. must borrow millions to pay insurance claims – 5/2/2023