Category Archives: Business: Insurance

Press Releases from the Insurance world, What’s new, Popular, Trending and News Worthy. In the ever changing industry of Insurance.

WealthVest Announces Richard Olszewski Assumes Marketing Consultant Position


WealthVest continues to grow their team of wholesalers by hiring Richard Olszewski, covering Pennsylvania, Ohio, and West Virginia helping advisors with retirement planning utilizing fixed and fixed index annuities. WealthVest demonstrates traditional face-to-face wholesaling as the #1 independently owned distributor of fixed and fixed index annuities in financial institutions.

In joining WealthVest as a Marketing Consultant, Rich is responsible for providing actionable sales ideas, meaningful marketing content, client resources, and tools that are rich in advisor education and practice management. Rich joins a team of highly educated, experienced professionals who are go-to consultants on retirement income planning. Marketing Consultants are passionate about helping financial professionals build a secure retirement portfolio for risk-averse clients.

Prior to joining WealthVest, Rich served in a variety of roles coaching and educating financial professionals. Recently he was Brokerage Director at MassMutual Pittsburgh, where his role was marketing their suite of insurance products to national accounts and independent advisors. He also was a Regional Vice President at Foresters Financial covering Pennsylvania, Ohio, and West Virginia for 3 years.

Rich started and spent most of his career at Alliance Bernstein as a Regional Vice President covering the upper Mid-West, and later covering New York City as a Regional Wholesaler. Rich has spent over two decades of his career helping advisors and their clients understand the diverse, and sometimes complex road we call Wall Street.

Rich graduated from Fairleigh Dickinson University with a B.S. in Business Management and Political Science. He also attended Wroxton College in England where he studied Economics and Political Systems. He currently resides in Gibsonia, PA with his wife, while his four kids are well on their way to carving out their own paths in life. When the weekend comes, Rich spends time working on his yard, mowing the lawn, felling trees, and enjoying a nice cigar. He has played a few rounds of golf in his day but has a new hobby in playing on his drum set.

WealthVest is excited to add Rich to the team of over 80 wholesalers and WealthVest looks forward to the value he will bring to the organization and the advisors he supports.

About WealthVest

WealthVest is a financial services firm specializing in the distribution of high-quality fixed and indexed annuity products from top-rated insurance carriers. WealthVest designs, markets, and distributes these essential products throughout the nation and is squarely focused on developing products with the highest consumer value.

WealthVest was founded in 2009 by former CEO of American Skandia, Wade Dokken, and former CEO of Hartford Life Limited, Europe, Lincoln Collins. From the beginning, WealthVest has provided financial professionals with thorough coaching, effective face-to-face sales training, marketing collateral, and thought leadership on retirement planning concepts and products of the highest consumer value – offering principal protection and lifetime guaranteed income.

WealthVest’s Video Library: https://wealthvest.com/video-library/

WealthVest’s White Paper Library: https://wealthvest.com/white-papers/

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The Wilson Agency and Albers & Company Become Wilson Albers, an Alera Group Company


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As the face of Alera Group in Anchorage, AK and Tacoma, WA, we’re backed by the power of more than 80+ locations across the United States, with industry-leading experts and the resources of a national firm.

The Wilson Agency and Albers & Company are changing their name and brand as part of the ongoing evolution of the company. The firm will now be known as Wilson Albers, an Alera Group Company. Alera Group acquired the two firms along with ConnectHR in early 2018.

The work these two firms have been doing to integrate the companies, along with becoming Alera Group companies, is complete and reflected in the new branding.

“As the face of Alera Group in Anchorage, AK and Tacoma, WA, we’re more than a local firm with local resources,” says Lon Wilson, Managing Partner of Wilson Albers, an Alera Group Company. “We’re backed by the power of more than 80+ locations across the United States, with industry-leading experts and the resources of a national firm.”

As an Alera Group company, the firm is able to offer the resources, technical expertise and best practices of a large national firm, while maintaining their personalized service and local relationships. The innovative culture of Alera Group allows Wilson Albers to collaborate with national partners to expertly meet clients’ unique needs.

In addition, ConnectHR – focused on providing strategic hands-on HR support to local businesses – will take this opportunity to update the branding to Alera ConnectHR.

About Wilson Albers, an Alera Group Company

Wilson Albers has operated as The Wilson Agency in Alaska for over 55 years and Albers & Company in Washington for over 35 years and holds a robust legacy of industry experience and customer satisfaction. Through their core values of unquestionable integrity, dedication to excellence, caring for people, family, community, and lifelong learning, the firm strides toward their collective vision: empowering people to lead a life of significance. They prioritize service to their customers, to their communities, to their organization and to each other.

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NFP Acquires Elective Benefit Services, Inc., Expanding its Group Benefits and Retirement Capabilities in Canada


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“NFP continues to invest in benefits offerings and demonstrate a commitment to delivering best-in-class solutions and services. This aligns perfectly with the values and philosophy we have put into practice for decades,” said McAdam.

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced the acquisition of Elective Benefit Services, Inc. (Elective Benefit) in a transaction that closed on June 12, 2019.

Elective Benefit, based in Waterloo, Ontario, specializes in group benefits and retirement planning. The firm has more than two decades of experience providing consultation, financial planning and administration support to their clients. Their expertise in group benefits and group retirement planning aligns well with NFP’s focus on expanding and diversifying its benefits business in Canada. Harold McAdam, president of Elective Benefit, has joined NFP in Canada as director, reporting to Dean Howard, managing director, benefits and retirement for NFP in Canada.

“Harold brings nearly 30 years of experience in the retirement and benefits space, managing specialized group plans for a range of organizations. We are thrilled to welcome Harold and his team of well-respected, high-performing producers to NFP,” said Greg Padovani, president of NFP in Canada.

“NFP continues to invest in benefits offerings and demonstrate a commitment to delivering best-in-class solutions and services. This aligns perfectly with the values and philosophy we have put into practice for decades,” said McAdam. “We’re excited to be part of NFP, contribute to NFP’s tremendous growth in Canada, and access resources that allow us to elevate the exceptional group retirement planning and consultative services our clients value.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,600 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 6th largest US-based privately owned broker, and 8th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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New Certification Scholarship Opportunity Available to Enhance Access to Premier Professional Development


“The Institute is committed to the advancement of exceptional advisors. Our scholarships help to recognize underrepresented groups and assist recipients in realizing their professional goals,” said Sean R. Walters, CAE, chief executive officer, Investments & Wealth Institute.

The Investments & Wealth Institute unveiled a new Scholarship Fund designed to help address diversity and inclusion gaps within the financial services industry by offsetting the costs of the Institute’s advanced certification programs. For advisors to meet the needs of shifting demographics and increasingly diverse consumers it is crucial for the investments and wealth industry to expand and diversify. The fact remains that women make up a little over half (50.8 percent) of the U.S. population, but according to a 2017 report by Cerulli Associates, only 16% of financial advisors. Similarly, the statistics for minority and underrepresented groups is also significantly less than the U.S. population as a whole.

Scholarships available include the Women in Wealth Scholarship, Diversity/Inclusion Scholarship for members of the LGBTQ community, disabled individuals, and minorities, and the RIA Center of Excellence Scholarship for Registered Investment Advisors. Scholarships can be used toward the Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®), and Retirement Management Advisor® (RMA®) designations for qualified recipients.

“The Institute is committed to the advancement of exceptional advisors. Our scholarships help to recognize underrepresented groups and assist recipients in realizing their professional goals,” said Sean R. Walters, CAE, chief executive officer, Investments & Wealth Institute. “Our vision is to expand the perspectives and voices heard throughout the investments and wealth profession. We aim to enhance access to premier professional development and increase involvement of diverse individuals in the Institute’s initiatives, committees and volunteer opportunities.”

Eligibility

The Institutes’ commitment towards the advancement of diversity and inclusion in financial services allows individuals to receive a scholarship towards one of our certification programs. Multiple options are available, and consideration is for advisors who show a commitment to advancing their financial advisory profession.

Application deadlines are aligned with certification enrollment deadlines. For more information or to apply visit: https://content.investmentsandwealth.org/scholarships.

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For Information:

For additional information, contact Devon Coquillard, communications manager, dcoquillard@i-w.org or (303) 850-3202.

About the Investments & Wealth Institute®

Established in 1985, the Investments & Wealth Institute, is a professional association, advanced education provider, and standards body for financial advisors, investment consultants, financial planners, and wealth managers who embrace excellence and ethics.

Investments & Wealth Institute administers three certifications, Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®), and Retirement Management Advisor® (RMA®). Through its publications, live events, online courses, assessment-based certificate programs, and advanced certifications, the Institute delivers premier-quality, practical education to advanced practitioners in more than 39 countries.

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Deena Crimaldi Joins Hawkins Parnell & Young in New York


Hawkins Parnell & Young is pleased to announce that Deena M. Crimaldi has joined HPY’s New York office. Her arrival brings the firm’s number of New York-attorneys to 25.

Crimaldi represents businesses and professionals in litigation involving complex construction, real estate, toxic tort, and other general commercial disputes. Her representative clients include real estate developers, architects, engineers, design professionals, construction companies, and real estate investment trusts, as well as a wide array of construction and automotive product manufacturers and distributors. Involved in all phases of litigation from inception through resolution, she has successfully tried several cases as lead trial counsel.

“It is exciting to be a part of such an accomplished national litigation firm,” said Crimaldi. “I am thrilled to join Ed Abbot and his talented team of attorneys and professionals in New York.”

Crimaldi received her undergraduate degree, cum laude, from Fairfield University in 2006 and her law degree from New York Law School in 2011. She is licensed in New Jersey and New York.

About Hawkins Parnell & Young

Hawkins Parnell & Young is a national defense litigation firm that has represented many of the largest and most well-known companies in high-risk litigation and business disputes. The 250-strong litigation team works with clients to develop winning defense strategies and, if necessary, try cases to verdict in all 50 states.

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A Lucky First Responder Will Win $5,000 Worth of STIHL Tools from California Casualty


www.contest4heroes.com

Enter to Win $5,000 Worth of STIHL Tools

We’re 105 years strong, and our strength comes from the dedicated professionals who protect our communities. We owe them this thank you for all that they do.

California Casualty wants to thank first responders once again with a 2020 Work Hard/Play Hard contest. This year, one lucky firefighter, EMT or law enforcement officer will receive their choice of tools in the $5,000 STIHL* Tools Giveaway. Public safety professionals and volunteers can learn more and enter at http://www.contest4heroes.com.

First responders know first-hand that using the right tools reduces their risk of injury and helps get the job done faster – two important aspects in their line of work.

From chainsaws and trimmers, to drills and safety equipment, STIHL has it all. That’s why California Casualty, the trusted auto and home insurance provider of America’s firefighters, EMTs and law enforcement officers, is offering a prize package of dependable tools and equipment.

“We’re 105 years strong,” said California Casualty Sr. Vice President Mike McCormick. “Our strength comes from the dedicated professionals who protect our communities. We owe them this thank you for all that they do.”

Previous Work Hard/Play Hard sweepstakes from California Casualty have awarded public safety personnel Liberty Safes, DeWalt Tools, motorcycles, and cash. Past winners include an Oregon Police officer, Colorado Sheriff’s captain, Firefighters from California, Nebraska, Ohio and Pennsylvania, and a California Highway Patrolman.

California Casualty will provide one lucky winner the STIHL tools of their choice in the Work Hard/Play Hard $5,000 STIHL Tools drawing, open to police officers, EMTs and firefighters – American heroes who work hard and risk their lives. Entries are being taken now through October 31, 2020 at http://www.contest4heroes.com. The winner will be announced in November.

Headquartered in San Mateo, California with Service Centers in Arizona, Colorado and Kansas, California Casualty provides auto and home insurance to educators, firefighters, law enforcement and nurses across the country. Founded in 1914, California Casualty has been led by four generations of the Brown family. Learn more about California Casualty at http://www.calcas.com or call 1.800.800.9410.

*Stihl does not a endorse or sponsor this promotion

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HVAC Consulting Announces 2020 Expansion


HVAC Consulting is now offering its services in 17 new states, bringing the overall coverage area total to 48 states and the District of Columbia.

“Our clients have often requested a further expansion of our services to other areas in the U.S.,” says Katie Stephens, VP of Business Development. “We have now fulfilled this request, but we have been careful to approach our expansion methodically through extensive vetting and training to ensure our high-quality service is never compromised”.

According to Jason Rankin, President & CEO, “We know that fast service is a top priority when it comes to HVAC claims – this is why we have increased our presence to the entire contiguous U.S. and over 90% of the population.”

HVAC Consulting provides evaluations of HVAC systems for insurance companies, third party administrators and independent adjusting firms. The company performs onsite diagnostics of equipment to determine cause of loss, repair or replacement recommendations and recommended settlement evaluations.

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AssuredPartners Acquires Star and Shield Insurance Services


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Star and Shield Insurance Services believes in providing Insurance with a Cause. This belief aligns with our vision and operations at AssuredPartners and we look forward to our new partnership,” stated AssuredPartners President and COO Tom Riley.

AssuredPartners, Inc. is pleased to announce the acquisition of Star & Shield Insurance Services located in Tallahassee, FL. The team of 11 will remain under the operational leadership of Frank Russo and Allyson Olver, in addition, the agency currently reports $2 million in annualized revenues.

Star & Shield Insurance Services is devoted to delivering a wide array of competitive insurance options to First Responders, their families, friends and neighbors. With over 10 years of experience, Star and Shield is dedicated to supporting and engaging with public safety personnel.

“We are excited about the partnership with Star & Shield Insurance Services in a great marketplace,” stated AssuredPartners Regional President Jack Suber. “AssuredPartners is committed to protecting those who protect and serve in the communities that we live. This partnership will deliver innovative products while providing best-in-class asset protection and unparalleled service to clients on a national level.”

Star and Shield Insurance Services believes in providing Insurance with a Cause. “This belief aligns with our vision and operations at AssuredPartners and we look forward to our new partnership,” stated AssuredPartners President and COO Tom Riley. “It is a pleasure to have the team join AssuredPartners as we increase our presence in the Florida marketplace. We welcome the dedicated staff and clients of Star and Shield Insurance Services to AssuredPartners.”

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Travel Insured International Awarded 2019 BBB Community Care Award


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Travel Insured International (TII), a leading travel insurance provider located in Glastonbury, CT, is the winner of the Connecticut Better Business Bureau’s 2019 Community Care Award. This is the third year that Travel Insured has received this accomplishment! The award recognizes one organization each year that demonstrates a strong dedication to community service. Included with the award will be $1,000 to donate to a worthy charity of TII’s choice. This year Travel Insured chose Hands on Hartford, a social service nonprofit organization that serves Hartford’s neediest residents in the areas of food, housing, and health.

Giving back to the community is a core principle for Travel Insured, and its parent company, Crum & Forster. Travel Insured operates as a family that tries to make a difference in the lives of those in need. In past years, TII’s outreach has included the American Cancer Society, the American Liver Foundation, St. Jude’s Research Hospital, and Connecticut Children’s Medical Center. In 2019, employees handmade 80 blankets for Soldiers’ Angels, a military-focused charity that serves veterans and injured soldiers and delivered them in person to the West Haven VA hospital.

Travel Insured’s charity program known as Team TII was created in 2011 by Tina Gehris, Vice President of Licensing Account Management. On a quarterly basis, employees are asked to nominate a charity of their choice before being brought to a company-wide vote. Employees are given an opportunity to briefly present their charity of choice and what it means to them. Once a winner is chosen, the charity receives a $500 check from the company.

Travel Insured is thrilled to be recognized for its year-round efforts to help charities. The company will continue on its mission to bring meaning to its principle of “Touch a Life. Make a Difference.”

About Travel Insured:

Founded in 1994 by Peter Gehris, Travel Insured International is one of the leading travel insurance providers, offering the highest quality worldwide travel insurance protection for over 20 years. Located in Glastonbury, Connecticut, the company offers an array of travel insurance protection benefits including Emergency Assistance and Evacuation, Trip Cancellation and Trip Interruption Protection, Medical Insurance, Baggage Insurance, Airline Ticket Protection, and more. Travel Insured maintains relationships with specialty travel providers and tour operators, as well as provides 24/7 insurance assistance that allows you to travel relaxed, travel secure, and travel insured.

Crum & Forster is a leading national property and casualty insurer, providing specialty and standard commercial lines insurance and reinsurance products through its admitted and surplus lines insurance companies. C&F is one of the oldest insurance companies in the United States, and today has over 2300 employees in nearly 50 locations conducting business through a network of independent agents, brokers and wholesalers from Property to Pet, Cyber to Travel, and almost everything in between. The qualities and capabilities of Crum & Forster demonstrate its philosophy of building long-term partnerships and providing alternative solutions in an ever-changing insurance market. Crum & Forster is a registered trademark of United States Fire Insurance Company.

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Cheap Auto Insurance Basics – Why Credit Score Influences Car Insurance Rates


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“Credit score has become a very important rating for many insurance providers. Improving or keeping the score at Good to Excellent values will only help you save money on auto insurance and provides more benefits to other financial activities” said Russell Rabichev, Marketing Director

Compare-autoinsurance.org has released a new blog post that explains why the credit score is analyzed by companies when determining car insurance premiums.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/credit-score-and-insurance-rates/

Amongst the many factors used to create a risk profile for their customers, insurance companies take into consideration credit score. This factors tells the companies how likely are to pay your premiums. Since it is a risk-based business, the ability to repay your debts becomes critical.

There are few states where legislation forces insurance companies not to take in consideration credit score when rating a potential customer. In California, Massachusetts, and Hawaii using credit score as a rating factor is illegal. Otherwise, it will impact the costs. To find out more about how car insurance rates are determined, you can visit http://compare-autoinsurance.org.

Naturally, drivers will poor FICO score will have to pay more for car insurance, in order for the companies to compensate for the increased risk. Also, many companies claim that there is a correlation between credit score and the chances of making a claim. According to them, people with poor credit score are not that capable of handling finances and are more likely to ask for reimbursement when accidents happen. They will even ask money for minor accident which would otherwise be paid from personal finances by responsible persons.

Drivers with poor score, 524 or below, will pay twice or more for car insurance, when compared with a driver of similar profile, but with excellent credit score. Credit score can be improved over time, with each improved tier saving on average 17% on annual premiums.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org

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