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Insurance Broker Caught Pocketing $137K Commissions by Forging Policy Applications

Insurance Journal

An insurance broker who collected nearly $137,000 in sales commissions by submitting fabricated insurance applications for end-of-life insurance policies in clients’ names without their knowledge, and used those clients’ personal and banking information to pay for those policies, was sentenced …

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Canada’s Axis Insurance Acquires Employee Benefits Specialist O’Neill Group

Insurance Journal

the Vancouver, Canada-based insurance broker, announced it has acquired the O’Neill Group, one of British Columbia’s premier employee group benefits, life insurance, and wealth advisory firms. Axis Isurance Managers Inc., Financial details of the deal were not disclosed. O’Neill Group …

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US life insurer Brighthouse Financial seeks to sell itself

Elmore

Prominent private capital managers expected to bid for group with market value of $3bn The post US life insurer Brighthouse Financial seeks to sell itself appeared first on Elmore Insurance Brokers.

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Life insurance becomes less boring with creative financial engineering

Elmore

As the Fed cuts rates, markets are rallying — but there are long-term risks from experiments The post Life insurance becomes less boring with creative financial engineering appeared first on Elmore Insurance Brokers.

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What Is a Health Insurance Broker – and What Does a Broker Do?

Word & Brown

A Health Insurance broker – sometimes called an insurance agent – is a licensed professional who works with individuals and businesses to help them shop for and compare insurance policies. Health Insurance, especially, is something people need, but may not really understand. Act now to learn more.

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Just Group raises profit outlook after surge in corporate pension deals

Elmore

FTSE 250 life insurer to ‘substantially exceed’ earnings target this year The post Just Group raises profit outlook after surge in corporate pension deals appeared first on Elmore Insurance Brokers.

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Utah orders A-Cap insurers to cease new business after 777 debacle

Elmore

Three US life insurers in ‘hazardous financial condition’ after sports buying spree unravels The post Utah orders A-Cap insurers to cease new business after 777 debacle appeared first on Elmore Insurance Brokers.