INSURANCENEWSNET MAGAZINE
In this issue..
- Advising Women Through the Seasons of Their Lives
- âUnretiringâ CEO leads F&G to growth â With Chris Blunt
- Everyone has a money story: Win Havir tells the story that inspires her
- The OCEAN factors that contribute to successful personality traits
- Social Security planning is crucial to preparing clients for retirement
SPECIAL FEATURE
âUnretiringâ CEO leads F&G to growth â With Chris Blunt
IUL â which F&G president and CEO Chris Blunt describes as âthe Swiss Army knifeâ of life products â and annuities helped F&G ha.. Read More
From The Field
The Francis Scott Key Bridge collapse: Questioning public liability
Beyond the immediate costs of recovery efforts and infrastructure repair, the collapse raises crucial questions about public liability and the broader economic implications for Baltimore.
Harnessing conversational AI: A game-changer for advisors
Conversational AI will change the way advisors interact with clients – are you ready?
How can the industry inspire the next generation of women in insurance?
By mentoring, fostering open dialogue, and driving advancements in the industry, we can cultivate a culture of innovation and continuous improvement.
LIFE INSURANCE NEWS
Financial downsizing for a more comfortable retirement
Downsizing in later years is more than about moving to a smaller home.
- Estate planning and life insurance for the 99%
- Survey: Life insurers want to be better at meeting technology challenges
- One-third of consumers unaware of life insurance tax benefits, says study
- Life insurance premium growth sets another record in 2023, LIMRA finds
- Indexed life sales break records in fourth quarter, Wink reports
ADVISOR NEWS
Madison company sues MassMutual over alleged $3 million loss in retirement fund
NeuGen, a Madison-based spinoff of WEA Trust, on Wednesday sued Massachusetts- based MassMutual, alleging nearly 300 former NeuGen employees lost $3 million when MassMutual terminated a retirement fund after NeuGen announced layoffs in 2022.. NeuGen was started in 2018 by WEA Trust, the insurance company created by the Wisconsin Education Association…
Annuity News
Cash vs. annuity: Which payout should you pick if you win Mega Millions, Powerball jackpots?
âLottery players nationwide have the chance at nearly $2 billion as the Mega Millions and Powerball jackpots continue to rol.. Read More
RGA lands $700B JPY annuity reinsurance deal with Japan Post Insurance Co.
Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, today announced it has reached an agreem.. Read More
Regulators consider guideline to best-interest rule to address ‘deficiencies’
State insurance regulators plan to issue guidance on its best-interest annuity sales model after reviews turned up "deficiencies.. Read More
Fiduciary
DOL fiduciary rule would bring ‘massive change’ to industry, analyst says
While the Department of Labor fiduciary rule proposal might be a long ways from becoming settled law, it brings the potential fo.. Read More
Insurance & Financial Fraud
Mississippi Secretary of State accuses investment company of fraudulent actions
JACKSON, Miss.â Mississippi Secretary of State Michael Watson and the Securities Division of his office issued a Summary Cease a.. Read More
S.E. Cupp: Donald 'I'm Really Rich' Trump needs a bailout
Ross Perot isn't successful like me. He regularly threw out numbers like $9 and $10 billion in net worth, and had a.. Read More
Customers to get millions in refunds after 'deceptive' Utah-based real estate investment scheme
Thousands of customers duped by what the Federal Trade Commission calls a fraudulent, celebrity-promoted real estate training pr.. Read More
Fed's Waller says "still no rush" to lower rates after "disappointing" U.S. inflation figures
Federal Reserve Governor Christopher Waller believes there is no rush to lower U.S. central bank interest rates, stressing that .. Read More
Retired corrections officer admits $600K crypto scam The man targeted first responders, officials said.
John DeSalvo, 47, of Linwood, pleaded guilty in federal court in Newark to two counts of securities fraud, according to a statem.. Read More
Guilty plea: Lakewood man admits conspiring with Eliyahu âEliâ Weinstein in âPonziâ scheme
Feds: Joel Wittels, 57, admitted to conspiracy to commit securities fraud, obstruct justice and engage in the unlicensed distrib.. Read More
Property and Casualty News
Arkansas plan to create state-run insurance company for school buildings in works
Roberts Lee, president of Meadors, Adams& Lee Insurance Inc., urged lawmakers to make a decision soon during its presentation to.. Read More
Why apartment building insurance is skyrocketing â and how to beat it
Apartment building insurance has gone up 20 percent every year for the last two years. "Insurance is skyrocketing, umbrell.. Read More
Reduced cost of flood insurance in the city
The city of Fernandina Beach participates in FEMA's National Flood Insurance Program, which provides flood insurance access.. Read More
Health/Employee Benefits News
Georgia Senate rejects Medicaid expansion
A plan by state Senate Democrats and some Republicans to fully expand Medicaid coverage in Georgia was shot down by the narrowes.. Read More
Cost of home health care services increased significantly, survey says
illumifinâs study found that the average hourly rate for a home health aide in 2023 was $30.62, an increase of 5.2 percent over .. Read More
New rule simplifies Medicaid enrollment
The Centers for Medicare & Medicaid Services has announced the publication of a final rule aimed at simplifying the Medicaid, Ch.. Read More