USAA

USAA to Offer Financial Assistance for Members Impacted by a Potential Government Shutdown

Retrieved on: 
Monday, February 26, 2024

Should a shutdown occur in March and impacts to paychecks become imminent, USAA stands ready to provide financial assistance to affected members.

Key Points: 
  • Should a shutdown occur in March and impacts to paychecks become imminent, USAA stands ready to provide financial assistance to affected members.
  • Members may also be eligible for a variety of payment relief offers across USAA banking and insurance products.
  • “Stability plays an important role in the financial security of our members, and empowering that security is our mission,” said Mark Pregmon, VP Consumer Lending, USAA Federal Savings Bank.
  • “Our members can count on USAA to be there with them in the event of a government shutdown and ensure that their day-to-day financial needs continue to be met.”
    USAA will communicate when the loan application and financial assistance programs become available.

IICF Philanthropic Roundtable Gathers Insurance Leaders for Discussions on Charitable Giving, Impact of Global Initiatives

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire-PRWeb/ -- The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the 2024 IICF Philanthropic Roundtable today, gathering leaders from twenty-five major insurance organizations for a series of presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability topics. During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase, an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies. Please view the 2023 IICF Philanthropic Showcase here.

Key Points: 
  • During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase , an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies.
  • Kaufman Group, CNA, Ernst & Young LLP (EY US), Intact Insurance Specialty Solutions, Marsh, Munich Re US P&C Companies and Verisk presented at this unique event for philanthropic knowledge sharing.
  • "Each year, IICF is proud to bring together this extraordinary group of insurance industry leaders for the IICF Philanthropic Roundtable, and even more so in 2024 as we celebrate IICF's 30th anniversary and the industry's legacy of giving," said Bill Ross, CEO of IICF.
  • IICF also made several announcements at this year's Roundtable on 2024 initiatives, including:
    IICF's 30th Anniversary Celebration: IICF is celebrating thirty years of impact and the insurance industry's legacy of giving by raising funds for children struggling with hunger.

The Alfred I. duPont Charitable Trust Names New Directors to The Nemours Foundation Board

Retrieved on: 
Thursday, February 15, 2024

JACKSONVILLE, Fla., Feb. 15, 2024 /PRNewswire/ -- The Alfred I. duPont Charitable Trust, which for almost 90 years has supported and advanced its charitable beneficiary, The Nemours Foundation, today announced the election of three new Directors to The Nemours Foundation Board.

Key Points: 
  • JACKSONVILLE, Fla., Feb. 15, 2024 /PRNewswire/ -- The Alfred I. duPont Charitable Trust, which for almost 90 years has supported and advanced its charitable beneficiary, The Nemours Foundation, today announced the election of three new Directors to The Nemours Foundation Board.
  • Cindy also leads the annual budget process and manages the Finance, Investment, and Audit Committees of the National Board of Directors.
  • Completing his term on The Nemours Foundation Board of Directors is Rick Walsh, Chairman and CEO of the Knob Hill Companies.
  • "Nemours is extremely grateful to Rick for his more than 12 years of service to Nemours Children's as a member of our inaugural Nemours Children's Hospital, Florida, Florida Board of Managers and more recently, The Nemours Foundation Board," said Durden.

Cambridge Savings Bank Hires Ryan Bailey as New President and Chief Executive Officer

Retrieved on: 
Wednesday, February 14, 2024

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, today announced that it has hired Ryan Bailey as the bank’s new president and chief executive officer (CEO).

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, today announced that it has hired Ryan Bailey as the bank’s new president and chief executive officer (CEO).
  • View the full release here: https://www.businesswire.com/news/home/20240214352325/en/
    Ryan Bailey has been named President and CEO of Cambridge Savings Bank.
  • (Photo: Business Wire)
    Bailey was hired after the bank conducted a national search to succeed current president and CEO, Wayne Patenaude , who announced his plans to retire in 2023.
  • “Cambridge Savings Bank’s goal of improving and enriching the lives of our neighbors in the communities that our bank serves resonates with my relationship-driven approach to leadership,” said Bailey.

Independence Pet Holdings Names Sharon Fernandez Chief Executive Officer

Retrieved on: 
Tuesday, February 13, 2024

SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Independence Pet Holdings ("IPH"), one of North America's leading pet insurance organizations, today announced the appointment of Sharon Fernandez as Chief Executive Officer, effective immediately.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Independence Pet Holdings ("IPH"), one of North America's leading pet insurance organizations, today announced the appointment of Sharon Fernandez as Chief Executive Officer, effective immediately.
  • IPH is an affiliate of JAB Pet Holdings, a leading global pet insurance organization, and the parent company of Independence Pet Group, Embrace and Pumpkin.
  • In addition, IPH owns PetPlace, a diverse portfolio of pet health and wellness services including pet adoption solutions and lost pet recovery services.
  • "I'm excited to announce the appointment of Sharon, which helps further our mission of building a better future for pets and pet parents," said Dirk Beeckman, CEO of JAB Pet Holdings.

Insurance Information Institute Releases Its 2023 Annual Report

Retrieved on: 
Wednesday, January 31, 2024

The Insurance Information Institute (Triple-I) released today its 2023 Annual Report , highlighting the organization’s accomplishments in a year when the U.S. saw a record number of weather and climate disasters causing at least $1 billion in damages.

Key Points: 
  • The Insurance Information Institute (Triple-I) released today its 2023 Annual Report , highlighting the organization’s accomplishments in a year when the U.S. saw a record number of weather and climate disasters causing at least $1 billion in damages.
  • “Climate risks are being given additional media attention, yet insurance is increasingly entering into the discussion.
  • It is one of the reasons Triple-I contributed its flood mitigation insights in 2023 to a National Institute of Building Sciences report on resilience and another developed in consultation with Milwaukee, Wisconsin’s Metropolitan Sewerage District ,” stated Sean Kevelighan, CEO, Triple-I, in his Annual Report letter.
  • Now in its fifth year, Triple-I’s quarterly economic forecasts in 2023 provided insights into the state of the industry’s financial performance.

Grow Credit Expands Banking Relationship with Wells Fargo to Support Its Financial Inclusion Capabilities

Retrieved on: 
Tuesday, January 23, 2024

Joe Bayen, CEO at Grow Credit, states, "We are actively scaling our business operations and needed to work with a robust financial institution that could support our growth.

Key Points: 
  • Joe Bayen, CEO at Grow Credit, states, "We are actively scaling our business operations and needed to work with a robust financial institution that could support our growth.
  • Dave Stolpe, Wells Fargo Southern California Tech Banking Leader, added, "Financial inclusion is an important area of focus at Wells Fargo.
  • Grow Credit has been a financial inclusion pioneer over the past five years, helping democratize access to credit for minorities, underserved, and low-income communities nationwide.
  • We are excited to support their efforts by deploying the banking and treasury services they need to scale their financial inclusion operations further."

EDO Names Most Effective Ads of 2023 Across Auto, CPG, Pharma, Retail, Banking, and More

Retrieved on: 
Thursday, January 25, 2024

EDO , the TV outcomes company, released today the most effective ads of 2023 across English- and Spanish-language media.

Key Points: 
  • EDO , the TV outcomes company, released today the most effective ads of 2023 across English- and Spanish-language media.
  • Automotive (Non-Luxury): GMC, Hummer EV - Try Something Different ft. LeBron James :30 , +592% more effective than the Automotive (Non-Luxury) average.
  • EDO also analyzed the most effective ads that aired across Spanish-language TV (SLTV) in 2023.
  • MOST EFFECTIVE ADS ON SPANISH-LANGUAGE MEDIA, 2023 ( full ranking here )
    Automotive (Non-Luxury): Honda, Accord and CR-V - Hybrid x2 :30 , 93% more effective than the Automotive (Non-Luxury) average.

Online Policy Self-Servicing, Support and Quoting Capabilities Set Leading Insurance Carriers Apart

Retrieved on: 
Tuesday, January 23, 2024

WILMINGTON, Del., Jan. 23, 2024 /PRNewswire-PRWeb/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the Q4 2023 edition of its semi-annual Online Insurance Scorecard, an evaluation of 12 of the largest U.S. auto and property insurance carriers' website capabilities. Progressive once again earns first place for its online user experience, achieving the highest overall score.

Key Points: 
  • - Beth Robertson, Managing Director, Keynova Group
    Trends identified in Keynova Group's Scorecard show the leading insurance carriers advancing digital policy management with innovations to drive accurate and efficient policy changes, self-servicing and expanded online quoting and servicing for an array of policy types.
  • Pet insurance is becoming more popular, with two-thirds of carriers quoting pet insurance online, though less than 10% support integrated claims filing and tracking capabilities.
  • Flood insurance is moving to a digital acquisition model at 40% of carriers, while just 17% currently enable online quoting for umbrella coverage.
  • Conversely, online flood claims are supported by less than 20% of carriers yet 25% offer digital filing of umbrella policy claims.

Goosehead Insurance Appoints Industry Veteran David Lakamp as New Chief Service Officer

Retrieved on: 
Tuesday, January 16, 2024

WESTLAKE, Texas, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. , (NASDAQ: GSHD), a rapidly growing, independent personal lines insurance agency, announced today the appointment of David Lakamp as Chief Service Officer.

Key Points: 
  • WESTLAKE, Texas, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. , (NASDAQ: GSHD), a rapidly growing, independent personal lines insurance agency, announced today the appointment of David Lakamp as Chief Service Officer.
  • Mr. Lakamp brings more than 14 years of extensive insurance and service experience to Goosehead and 11 years of military leadership in the US Navy.
  • In his role, Mr. Lakamp will lead the service organization to support the Company’s next phase of rapid expansion.
  • “Delivering exceptional and innovative client service has always been central to everything we do at Goosehead Insurance, and in today’s market it is more critical than ever to provide an unparalleled client experience,” said Mark Miller, President and COO at Goosehead Insurance.