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"In keeping with our tradition of innovation, we are pleased to offer today's buyers the ability to choose a wildfire-resilient home and community."
– KB Home, one of the largest homebuilders in the US, is introducing a fire-resilient community in Southern California.
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Sponsored |
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Discover how a top Medicare distributor dominates annual enrollment with AgentSync.
Access the customer story.
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🪶 |
Trading platform Robinhood announced Robinhood Strategies, Robinhood Banking, and Robinhood Cortex, a suite of new features "that will shape the future of wealth management."
Robinhood Strategies is a robo advisor that aligns with one's goals and delivers tailored, expert-managed portfolios directly in the app. The service has zero management fees on every dollar over $100k for Robinhood Gold members, meaning that it is capped at $250 a year.
The company also announced Robinhood Banking, a platform launching later this year that will bring a private banking experience exclusively to Robinhood Gold members, providing access to traditional checking and savings accounts with "luxury benefits." Members receive 4% APY on their savings, access to private banking services such as estate planning and professional tax advice, and up to $2.5 million in FDIC insurance, among other things.
Also launching later this year is Robinhood Cortex, an AI investment solution designed to provide real-time analysis and insights that help people better navigate the markets, identify opportunities, and stay up to date on the latest market moving news.
"Our goal is for Robinhood to give you a world-class financial team in your pocket, with cutting-edge tools you can't find elsewhere." – Vlad Tenev, Chairman and CEO, Robinhood.
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Paperless |
Sammons Financial Group will introduce a new paperless transaction process for annuity transfers. The company is one of three annuity carriers that helped to develop, test, and pilot this technology.
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🇧🇪 🇳🇱 |
Sompo, a global provider of commercial and consumer P&C (re)insurance, has been granted licenses by the regulatory authorities to write primary insurance locally in Belgium and the Netherlands. Sompo's Continental European footprint also includes Germany, France, Spain, Italy and Switzerland.
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Stable pie |
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" (Excellent) of The Pie Insurance Company (Columbus, OH) and its pooled affiliate, Pie Casualty Insurance Company (Chicago, IL), collectively referred to as Pie Insurance Group (Pie). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings were initially placed under review with negative implications on March 8, 2024, following the organization's 2023 results, which included material underwriting losses brought on by adverse reserve development in its New York book of business.
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First time |
"GEICO is making its inaugural appearance at MATS, where it is showcasing its rapidly expanding truck insurance offerings — now available in nearly two-thirds of the country with accelerated expansion underway."
– GEICO is attending "the largest trucking show in North America."
In other GEICO news, the company is opening a new campus in Florida and creating more than 1k jobs, as well as expanding its Texas presence.
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Good marketing |
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"The Allianz Pet Project was a one-time initiative where we found pet owners from all across Ireland who were using GoFundMe to urgently raise money for their pet's healthcare. We stepped in and paid the balance of their GoFundMe target in one go."
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