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Robinhood agrees to $7.5M penalty to settle ‘gamification’ charges

14 hours ago0 comments
Image shows the word "settled" over the Robinhood logo.
Online brokerage Robinhood will pay a $7.5 million fine in a settlement with Massachusetts' securities regulators, who say that it encouraged inexperienced investors to place risky trades. Read more
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  • NY regulators focus on potential for AI discrimination by insurers

  • Rocky road for property and casualty insurance continues

  • Lobbyists race to make best interest a blanket standard in final few states

  • Need for financial advice drives more secondary accounts to wealth management firms

InsuranceNewsNet Magazine

Here we go again!

The Department of Labor is trying for the fourth time to extend fiduciary duty to virtually all annuity sellers. Industry critic..

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From The Field

Health benefits trends: New solutions for employers

Health benefits that deliver true return on investment are top of mind for employers who face rising costs and increasing pressure to offer competitive yet affordable health benefits that go beyond just the safety net of traditional insurance.

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    Helping clients embrace semi-retirement

    Semi-retirement is the latest trend among older Americans who aren’t quite ready to leave the workforce for good.

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      Supplemental spousal liability coverage: A choice for New Yorkers to make

      Supplemental spousal liability coverage is now required for auto insurance policyholders in New York State, unless they opt out.

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LIFE INSURANCE NEWS

Image showing three generations of an African-American family.

Helping African American families create generational wealth with life insurance

African American families own life insurance but not enough of that to create generational wealth. A group of panelists shared their thoughts on how to reverse this.

  • Helping clients embrace semi-retirement
  • Fitch P/C credit outlook neutral, life insurance outlook improving for 2024
  • The evolution of the life/annuity agent experience
  • Life insurance applications up 3% in 2023; first rise in nearly 4 years
  • Obra Capital acquires Unified Life
More Life Insurance News

INN Insider

Financial guru Bill Ackman predicts the Fed could cut interest rates more than expected by 2024

Billionaire hedge fund manager Bill Ackmann predicted the Federal Reserve could cut interest rates more than three times this year, and that should start very soon. So I think they're going to have to move early,' Ackman, CEO of hedge fund Pershing Square, said during an interview on CNBC Squawk Box on Friday. Federal Reserve: projections for future cuts.

  • Pregnancy is deadlier if you’re Black. Missouri wants to shrink maternal mortality rates
  • Employers are struggling to figure out if they're overpaying for health care
  • Senior living: Older Americans say they feel trapped in Medicare Advantage plans
  • North Texas pharmacy kickback case ends in convictions
  • Committtee considers anti-monopoly bill for health care entites
  • Only one in three properties insured against natural disasters
More INN Insider

Hot Off The Wires

  • Three ways Louisiana's failed insurers set off regulators' alarm bells – or should have [The Advocate, Baton Rouge, La.]
  • Incarcerated people in CT could get health insurance under new proposal [The Middletown Press, Conn.]
  • Access Health CT announces surge in health insurance signups, highest enrollment rate since founding [Journal Inquirer, Manchester, Conn.]
  • Humana plunges on major health care cost warning; UnitedHealth, CVS tumble
More Newswires
  • Community roundtable held in Harkers Island to discuss potential homeowner's insurance rates spike
  • Jeff Wargin Joins Dyad as Chief Product Officer: Dyad inc.

Advisor News

Image of a woman surrounded by an alarm clock, with many different reminders, including post-it notes.

10 time-management tips for a productive 2024

  • SECURE 2.0 implementation could challenge benefit rollouts
  • Advantages aplenty for retirees in downsizing
  • Additional defendant pleads guilty in $50 million Ponzi scheme involving off-the-road tires
More Advisor News
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Annuity News

Flourish Annuities, a platform and marketplace for RIAs, is launched

  • North American, Annexus enhance Secure Horizon Plus fixed index annuity
  • After 8-hour hearing, ‘Annuity King’ sentencing continued to Jan. 31
  • ‘Annuity King’ Wasserman seeks new trial as sentencing date draws near
More Annuity News

Health/Employee Benefits News

Coalition of 36 organizations pushes lawmakers for Medicaid expansion in Mississippi

  • Virginia Chamber launches new small business health insurance plan
  • CMS finalizes rule to expand access to health information, improve prior authorization
  • TONI SAYS: Social Security's unique way of lowering Medicare Part B and D premiums
More Health/Employee Benefits News

Property and Casualty News

Public input sought for proposed home insurance rate hike in North Carolina

  • New York City, Philadelphia finally get notable snow while other parts of the US get a deep shiver
  • Owning a home in NC could get pricier with proposed 42.2% insurance hike
  • A cyber event is the top global business risk for 2024, Allianz says
More Property and Casualty News

Regulation News

Department of Insurance investigating Lincoln claims examiner for alleged $885K fraud

  • Marilyn Mosby case: A look at the mortgage fraud allegations ahead of former state’s attorney’s second trial
  • The facts about N.C. Insurance Commissioner Mike Causey’s hiring practices
  • Department of Insurance investigating Lincoln claims examiner for alleged $885K fraud
More Regulation News

Washington Wire

Pandora has trapped the Federal Reserve

  • Mortgage rates fall but homebuyers need more help. Here's why.
  • Trump attacks Nikki Haley on Social Security, Medicare
  • Committee lists policy priorities as ERISA marks 50 years
More Washington Wire

Top Read Stories

  • Federal mandates bring big lawsuit worries for health plan administrators
  • The evolution of the life/annuity agent experience
  • Fitch P/C credit outlook neutral, life insurance outlook improving for 2024
  • After 8-hour hearing, ‘Annuity King’ sentencing continued to Jan. 31
  • Need for financial advice drives more secondary accounts to wealth management firms
More Top Read Stories >

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Top 5 Benefit Trends for 2024
What are the 5 hottest trends shaping the employee benefits landscape in 2024? This guide can help you prepare.

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