Agents often missing from the loop on life, LTC insurance rate increases
INSURANCENEWSNET MAGAZINE
In this issue...
- Risk-control index innovation grows as regulators scrutinize complexity
- Keeping it simple — With Tom Bumbolow
- Nationwide marks 100 years as a modern mutual
- A Partner on Life’s Financial Journey with Leah West
- Harnessing, cultivating and profiting from centers of influence
- A perfect storm demands better planning
SPECIAL FEATURE
Transparent Medicare Advantage guidance: Putting consumers first
Medicare Advantage is growing more complex. Learn how licensed insurance agents provide clear, ethical guidance to help consumers navigate prior... Read More
From The Field
Addressing the longevity paradox
What good is living to 100 if you’re broke and miserable?
The 72-hour crisis many families face
Families don’t have much time to make decisions when a loved one faces a stay in a care facility.
Navigating client communication in a digital age
Technology clearly has a place in the client relationship, but its value depends on how thoughtfully advisors use it.
ADVISOR NEWS
Employers shift focus from retirement access to financial outcomes
As retirement readiness, financial stress and healthcare affordability continue to challenge employees, employers are increasingly focused on a new question: Are their financial benefits actually improving outcomes?
NEWSWIRES
Job-Based Health Plan Costs Rise, With Little Relief in Sight
One of the biggest changes this year, for instance, came in the amount workers pay toward their own coverage, rising an average of 9% to $7,471 annually for a family, according to a broad annual survey released Oct. 22 by KFF, a health information nonprofit that includes KFF Health News. Their employers, too, faced additional costs, with the average family coverage…
- Defiance Injury Law Expands Seattle Trial Team, Strengthens Medical Malpractice and Elder Abuse Practice, and Advances Catastrophic Trucking Initiative
- Average long-term US mortgage rate eases to 7.32% in first pullback since late August
- Here’s what Gov. Moore and Dan Cox promised Marylanders with disabilities
- DOJ charges 15 for $2 billion in fraudulent health care claims in California
- AM Best Revises Issuer Credit Rating Outlook to Stable for Ohio Mutual Insurance Group’s Members
Annuity News
Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
California public-school employees are accepting a $1.1 million settlement over what they claim are improper annuity rider fees. Read More
Life Insurance News
SoFi and Prudential Financial team up to expand access to life insurance
SoFi members can now quote and purchase Prudential's SimplyTerm life insurance through a fully digital experience in the SoFi app. Read More
Virginia orders Atlantic Coast Life to halt new business Nov. 1
Virginia became the third state to address growing concerns about Atlantic Coast Life Insurance Co.'s financial health. Read More
777 Partners founder pleads guilty to $500 million fraud scheme
The case involves allegedly falsified financial records, assets pledged to multiple lenders and a separate SEC action over inve... Read More
Health/Employee Benefits News
AmeriHealth Caritas to join Ohio Health Insurance Marketplace in 2027
Health insurer AmeriHealth Caritas will begin offering plans on Ohio’ s Health Insurance Marketplace in 2027, expanding access ... Read More
Legislators hear report on thin hospital margins, advance prior authorization reform
BOISE— Legislators held a final meeting for the Idaho Health Insurers Working Group on Wednesday, Oct. 14, hearing a broad over... Read More
As Children’s Mercy is dropped by ACA Marketplace, MO insurance group makes statement
A Missouri insurance trade group says rising health care costs are making it harder to keep premiums affordable, after Children... Read More
Property and Casualty News
FEMA launches online flood insurance tool
FRANKFORT— It is now easier for Kentucky residents to prepare for the devastating financial consequences of flooding, as the Fe... Read More
Editorial: FEMA flap
While we appreciate the Federal Emergency Management Agency is providing a new option for Vermonters buy a National Flood Insur... Read More
New FEMA digital tool help residents purchase flood insurance
DENTON— Coastal and flood-prone Texas residents can now purchase federal flood insurance policies online through a new digital ... Read More
Insurtech News
Customers say Old National Bank failed to protect from fraud
A second Minnesota business owner in five weeks has sued Old National Bank, saying it should have but failed to... Read More
What AI transformation really means for insurance jobs and skills
As advances in artificial intelligence create new roles in the insurance industry and transform more traditional ones, industry... Read More
Experts say data is golden, but only if insurers know how to leverage it
When it comes to competing in the insurance market in an age of AI, data may be “golden” but the action insurers take with that... Read More
