Today’s consumers have ‘zero tolerance’ for slow claims payouts
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
The stories we tell ourselves
The stories we tell ourselves often delude us into thinking we know more than we do. Read More
From The Field
What a Time essay on AI and trust means for insurance
What happens when a technology capable of producing persuasive answers arrives when people are less certain about establishing what is real?
The 48-hour service rule driving commercial account retention
Four critical data signals show where commercial client loyalty lies.
Giving while you’re living: 3 frequently asked questions about gifting
Retirement planning eventually becomes about more than simply making sure you have enough money to live comfortably.
ADVISOR NEWS
Are families ready for the costs of aging at home?
Most Americans expect to need long-term care someday, and nearly three in four would prefer to receive it at home. But that vision carries a cost that many families have not planned for.
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
- What happens to insurance planning when a client retires early?
NEWSWIRES
Doctors, insurers sue Newsom over health insurance premium increases
The California Medical Association and California Association of Health Plans filed the complaint with the California Supreme Court. H.D. Palmer, a spokesperson for the Department of Finance, said in a previous statement to CalMatters that the state wanted to balance the affordability concerns of privately insured patients against large-scale federal…
- Bitcoin Tests Resistance Near $87,400 as Weekly Trading Begins
- Connecticut is offering child care workers up to $1,200 a year for health coverage
- WARREN, HAWLEY PRESS HOME AND AUTO INSURERS ON SURGE IN CLAIMS RESOLVED WITHOUT PAYMENT
- Georgia trims payments for foster children’s autism therapy
- ATTORNEY GENERAL KEN PAXTON INVESTIGATES UNITEDHEALTH GROUP FOR DENYING PATIENTS THE COVERAGE THEY NEED AND ENGAGING IN DECEPTIVE PRACTICES
Annuity News
Global Atlantic names Dan Farrelly head of IMO and IBD channels
Global Atlantic named Dan Farrelly head of IMO and IBD channels to help expand its annuity distribution business. Read More
What lower interest rates mean to annuity payouts
The rate environment has shifted, and not every product responds the same way. Read More
AM Best downgrades A-Cap insurers amid financial and regulatory troubles
AM Best has downgraded the financial strength ratings of two Advantage Capital Group insurers, citing deteriorating capital and... Read More
Life Insurance News
ICICI Life Insurance names Sidharatha Mishra managing director, CEO
ICICI Life Insurance Company has appointed Sidharatha Mishra as managing director and chief executive officer, effective Oct. 1... Read More
When life changes, coverage should too
The importance of life insurance checkups at every milepost. Read More
Trust emerges as key battleground for distribution, LIMRA panel agrees
The need for trusted advice is growing as demographic, economic and technological changes reshape the market, panelists agreed. Read More
Health/Employee Benefits News
Former CEO of health insurance giant Trigon dies
RICHMOND— Norwood H. Davis Jr., who for two decades led the company that became the largest health insurer in Virginia, died Su... Read More
As immigrant Medicaid cuts take effect, some in WA can keep their coverage
OLYMPIA– Roughly 10,000 immigrants in Washington are losing their Medicaid health coverage due to federal cuts Republicans in C... Read More
HMSA revamping Medicare Advantage plans
Hawaii's largest health insurer is overhauling its Medicare Advantage plans for 2027 due to financial challenges. The Hawa... Read More
Property and Casualty News
wildfire-mitigation-insurance-savings
About 50 miles to the east, Phil Burton faced a similar problem in Pope Valley, northeast of the city of Napa and east of the m... Read More
TEXAS SENIORS GET PROPERTY TAX BREAK
As Texas Republicans vow on the campaign trail to once again wage war on the state's property taxes, among the highest in ... Read More
Texas seniors are getting a huge property tax break
As Texas Republicans vow on the campaign trail to once again wage war on the state's property taxes, among the highest in ... Read More
Insurtech News
Could AI in insurance drag employee morale down?
Fears about being replaced by artificial intelligence could be sucking morale out of today’s insurance workforce, as a Glassdoo... Read More
