Plans

Rugge Named Chief Actuary at Selective as Senia Plans Retirement

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Selective Insurance, headquartered in Branchville, New Jersey, named Nathan Rugge as executive vice president, chief actuary. Rugge, who currently serves as senior vice president, chief corporate actuary, reserving, will assume the role following the retirement of Executive Vice President Vincent Senia in January 2026. Rugge joined Selective in 2009 and has played a key role […]

Rugge Named Chief Actuary at Selective as Senia Plans Retirement Read More »

Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares

Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire shareholders, possibly his last public communication with them until he steps down at year-end, Buffett,

Buffett Strongly Backs CEO-Designate Abel, Plans to Keep Berkshire Shares Read More »

Edward Jones Plans Record $1.25B Partnership Offering

Edward Jones Plans Record $1.25B Partnership Offering

Edward Jones is introducing a new limited partnership structure for advisors and plans to raise $1.25 billion in the offering next year, marking the largest capital raise of this kind in the firm’s history. The offering points towards a future when “limited partners will own a majority stake” in Edward Jones, according to an email

Edward Jones Plans Record $1.25B Partnership Offering Read More »

Rising Insurance Costs Threaten Retirement Plans

Rising Insurance Costs Threaten Retirement Plans

A few months ago, I wrote about a major retirement expense that rarely attracts much attention—the high cost of insurance coverage. Whether it’s premiums for Medicare Part B, for supplemental health coverage plans, drug coverage, long-term care insurance, auto insurance or homeowners/renter’s insurance, the total is often surprisingly high. And it’s getting higher. In 2026,

Rising Insurance Costs Threaten Retirement Plans Read More »

Daily Digest: Supercede CEO on growth plans, Everest Re targets renewable energy, New Lloyd’s Lab cohort

ID Daily Digest Monday

Catch up on the essential news and analysis from the Insurance Day experts       Related Stories Daily Digest: Supercede on new product launch, Lloyd’s Lab reveals 15th cohort, Everest Re targets renewable energy Power insurance markets see sharp price decline Lockton promotes Abboud to senior executive officer in Dubai  

Daily Digest: Supercede CEO on growth plans, Everest Re targets renewable energy, New Lloyd’s Lab cohort Read More »

California Plans to Boost Utility Wildfire Fund by $18 Billion

California Plans to Boost Utility Wildfire Fund by $18 Billion

California lawmakers have reached an initial agreement to shore up the state’s wildfire utility fund. The agreement is expected be filed into legislative text on Wednesday after lawmakers suspended a Tuesday deadline, according to people familiar with the negotiations who asked not to be named because the information is private. The boost will be around

California Plans to Boost Utility Wildfire Fund by $18 Billion Read More »

B/D Roundtable Discusses Convergence, New Plans

B/D Roundtable Discusses Convergence, New Plans

At the largest ever and oversubscribed RPA Broker/Dealer Roundtable hosted by Broadridge at their NYC offices on Sept. 3-4 before the WealthManagement.com Industry Awards, with senior leaders of the retirement divisions at the most influential broker/dealers (see list of BDs and sponsors below), the high-energy, mostly on-the-record discussion focused on two major themes: Convergence of

B/D Roundtable Discusses Convergence, New Plans Read More »

Daily Digest: Reinsurers push back on attachment points, Scor plans global fac launch, Brit eyes international cyber growth

ID Daily Digest Tuesday

Catch up on the essential news and analysis from the Insurance Day experts       Related Stories Daily Digest: Reinsurers look to keep attachment points, Scor enters global fac, Brit eyes international cyber growth Globalisation almost over for marine underwriters, Iumi president warns Aon launches event analytics platform to improve catastrophe response  

Daily Digest: Reinsurers push back on attachment points, Scor plans global fac launch, Brit eyes international cyber growth Read More »