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News Center


Life Happens

5 Reasons Why Having Life Insurance Is Good for You
We get it: No one wants to think about death—for us or the ones we love. And a lot of people equate life insurance with death. And while it IS there if the worst were to happen, it can also do so many other things, and doesn’t have to break your budget while doing it. Check out these great reasons to consider life insurance.

POSTED JANUARY 07, 2020 4:51 PM
4 End-of-Life Documents and Why You Need Them?
Lets say you are incapacitated by an accident or illness, this document allows the person you’ve chosen to act for you—and quickly. That can help you avoid a lot of problems, including hard-to-get guardianship and conservatorship rights.

POSTED DECEMBER 10, 2019 4:23 PM
For Kids, Finances Need to Go Beyond Lemonade … to Marshmallows
What happens after your kids have made that $10 in coins and bills? How do they budget? How much should be spent, what should be saved and given to charity?

POSTED NOVEMBER 19, 2019 4:42 PM
4 Tips for Applying for Life Insurance After a Breast Cancer Diagnosis
As challenging as all of this has been, we are very fortunate that we’ve both had life insurance for many years. While we are optimistic about the long-term outcome, we’re also thankful for the peace of mind this protection gives us. Every day we talk with people who are seeking coverage after receiving a cancer diagnosis. Unfortunately, most are considered “uninsurable,” at least for a few years.

POSTED OCTOBER 29, 2019 3:32 PM
Join Life Happens and NAIFA for a Special Chat During #LIAM19
Join Life Happens and NAIFA representatives on Thursday, September 26th from 1:00-2:00pm EDT as we moderate a Twitter Chat focused on findings from the 2019 Insurance Barometer Study. There will be plenty of activity from the media, insurance companies, agents and consumers. We hope this chat helps promote life insurance awareness among the public and allows agents and companies to discuss important industry issues, best practices and solutions for ways to improve.

POSTED SEPTEMBER 09, 2019 7:38 PM

News – Insurance Journal

Minnesota School District Sued by Parents of Students Who Were Sexually Exploited
The parents of two students are suing the Bemidji school district, alleging it was negligent in allowing a former assistant principal to sexually exploit their children. Brandon Bjerknes, who was arrested in 2017, is serving a federal prison sentence for …

POSTED JANUARY 17, 2020 5:33 PM
Brown & Brown Acquires Assets of Texas All Risk
Brown & Brown Inc. through its subsidiary, Hull & Company LLC, has acquired substantially all of the assets of Dallas-based Texas All Risk, a managing general agent (MGA) placing a wide range of property/ casualty insurance for businesses and individuals …

POSTED JANUARY 17, 2020 5:24 PM
Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding
The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most destructive hurricane ever to hit the islands. The government will probably borrow about $500 million in coming months as it …

POSTED JANUARY 17, 2020 5:02 PM
California Lawmaker Wants Probe of PG&E’s Chief Regulator
A state lawmaker is demanding an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts. The request by …

POSTED JANUARY 17, 2020 4:40 PM
California Sleep Apnea Company Pays $37.5M to Settle Kickback Lawsuits
ResMed, a San Diego, Calif.-based company that sells sleep apnea machines, will pay $37.5 million to settle allegations that it provided kickbacks to obtain customer referrals, federal prosecutors announced this week. The settlement covers five whistleblower lawsuits filed on behalf …

POSTED JANUARY 17, 2020 4:36 PM
Forex Firm Travelex Resumes Customer-Facing Operations After Ransomware Attack
More than two weeks after a crippling ransomware attack forced Travelex staff to use pen and paper to calculate foreign currency exchanges, the company said the first of its customer-facing systems in Britain was up and running again. The cyber …

POSTED JANUARY 17, 2020 4:24 PM
USG Adds Aguilar as a Producer in Arizona
USG Insurance Services Inc. has named Jay Aguilar a producer/broker in commercial lines in the Scottsdale, Ariz. office. Aguilar will work to expand USG’s Southwestern territory. Aguilar has 23 years of insurance industry experience, most recently at Agents Alliance Services. …

POSTED JANUARY 17, 2020 4:18 PM
MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty
Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into a number of centres of excellence focused …

POSTED JANUARY 17, 2020 3:26 PM
Three Massachusetts Workers Shocked When Scaffolding Touches Power Line
Three people were injured, one critically, on Tuesday when scaffolding they were working with at a Massachusetts home came in contact with power lines, police said. Beverly police responded to a report that two workers had fallen from the roof …

POSTED JANUARY 17, 2020 3:06 PM
SterlingRisk Insurance Promotes DelPrete to President of Programs
SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has promoted Geraldine DelPrete to president of Programs. According to SterlingRisk CEO David Sterling in a company press release, DelPrete’s background in reinsurance and underwriting and understanding of programs has directly …

POSTED JANUARY 17, 2020 3:04 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does R Hobbs Insurance Agency Inc confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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