Insurers wrestle with the speed and power of artificial intelligence November 2, 2023 HOLLYWOOD, Fla. – In the early days of Netflix, it took the company nearly three-and-a-half years to get to one…
New DOL fiduciary rule sets up ‘direct confrontation’ with court precedent November 2, 2023 HOLLYWOOD, Fla. –The Department of Labor’s latest attempt at an industrywide fiduciary standard is dominating conversation here at the 42nd…
Lenox Advisors founder shares tips for firm success in tough environment November 2, 2023 HOLLYWOOD, Fla – Rick Van Benschoten helped found Lenox Advisors in 1995 with two friends and partners. By the time…
October 25, 2023 The way distribution serves customers is changing, a LIMRA panel agreed. Distribution with scale has potential to grow industry, panel says WASHINGTON, D.C. – The long-term impact of private equity on the distribution of insurance products to Americans who desperately need…
October 25, 2023 Wholesaling faces challenges related to cost and efficiency. Wholesalers relying more on virtual communication in the past year In the wake of the pandemic, financial firms have reevaluated their wholesaling team structures and how they interact with advisors….
October 25, 2023 Accelerated underwriting comes with its own set of questions. Accelerated underwriting: an idea whose time has (finally) come? Accelerated underwriting held the promise of revolutionizing the life insurance buying experience for at least a decade. That promise is,…
October 24, 2023 Planning for retirement is a commitment, experts say. Education, delivery methods are keys to self-directed retirement planning If Americans are to successfully master the transition to self-directed retirement planning, it is going to take a lot of…
October 24, 2023 The insurance industry continues to struggle to extend life insurance coverage to Americans who need it. Adding agents of color can help close the life insurance gap, panel agrees WASHINGTON, D.C. – As the U.S. population grows ever more multicultural, New York Life is growing along with it. The…
October 24, 2023 In-plan annuities should have a bright future, an expert says. ‘Gates have opened’ for in-plan annuities, LIMRA Research Director says Legislative changes, product development and an enthusiastic industry are opening the gates to annuity products inside retirement plans. Still, analysts…
October 23, 2023 LIMRA is working on several big projects at once. LIMRA members confront ‘overwhelming’ change, CEO says The LIMRA 2023 Annual Conference sold out long before the doors opened at the Gaylord National Resort & Convention Center…
October 23, 2023 Carriers are committed to AI, analysts say. Carriers plan to increase their investments in AI over the next five years Life and annuity carriers are on a journey to move from modernizing their legacy technology systems toward a greater investment…
October 23, 2023 Talent acquisition and customer experience are two major issues for the industry going forward, executives say. Are financial services’ employees ever working from the office again? WASHINGTON, D.C. – Thirteen percent of employees are full-time remote, according to Forbes, while another 28% work some form of…
NABIP names Jessica Brooks-Woods as incoming CEO June 27, 2023 (Washington, DC) – Following an extensive national search, Jessica Brooks-Woods, MPM, PHR, has been appointed as the incoming CEO of…
June 27, 2023 Seven ways benefits brokers can wow clients beyond open enrollment Any benefits broker can impress their clients when it’s time for open enrollment. But it’s what that broker does beyond…
June 27, 2023 Mental health benefits become a ‘must have’ in the workplace Mental health benefits are no longer a “nice-to-have” workplace benefit but have become a “really big, must-have pain point, especially…
June 26, 2023 Clarifying Medicare Advantage marketing rules The Centers for Medicare and Medicaid Services has been cracking down on Medicare Advantage marketing, leaving Medicare agents subject to…
June 26, 2023 Making long-term disability insurance a priority for employers, workers Benefits brokers spend only a few minutes a year discussing long-term disability insurance with their employer clients, and that means…
Rising interest rates helping to stabilize long-term care insurance policies April 26, 2023 SALT LAKE CITY – When interest rates rose, it meant good news for insurers holding books of long-term care insurance…
Speaker: will life insurance companies stop writing policies less than $250,000? April 26, 2023 SALT LAKE CITY – Inflation and rising interest rates. Regulatory pressure and market volatility. These unique economic conditions might force…