Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected]
The U.S. Government reached its statutory borrowing limit Jan. 19. If the limit isn’t raised, the country could default on its $31 trillion of debt, something that’s never happened and would likely trigger disastrous economic consequences.
A semi-annual Online Insurance Scorecard has consistently ranked Progressive Insurance No. 1. Progressive’s strengths could provide guidance for smaller carriers and agents to better compete against the large national insurers.
If Frank Frievalt was a guest on the old “What’s My Line” game show, it’s likely the panelists would guess…
A survey of retirement plan participants reveals a wide gap between men and women in their confidence of their respective financial futures.
More than four in 10 consumers go online or use an app when shopping for life insurance, according to a new report, a significant shift as most people still buy life insurance policies through an agent.
Inflation is still growing but at the slowest pace since October of 2021, the government said. The CPI rose 6.5% in the year through December, down from 7.1% in November.
Amid all the stories about sophisticated cybercrimes, it turns out the most common crime impacting corporate America is simple fund transfer requests that send money into the accounts of criminals, a recent study shows.
Natural disasters seemed to dominate property and casualty news in 2022 in what was really a moderately damaging year compared to previous ones. But it was auto insurance that generally brought more interest from readers.
With a record 700,000 boomers hitting retirement age in 2022 and another huge segment approaching the milestone, it shouldn’t come…
Winter weather caused an estimated $64.1 million in property damages in the first half of 2022, which ranks it as a relatively mild season compared to previous years. Nevertheless, the U.S. is bracing for another destructive winter season as climate change is making winter weather worse.
The insurtech sector, once hailed as the great insurance industry disruptor, is looking at a bumpy road for 2023 with investment capital at a premium, stocks in the dumper, recessionary pressures, and the inability to innovate stunting growth, experts say.
Federal Reserve officials ended the most inflationary period in nearly 40 years with yet another rate increase, which, at 50 basis points, was a more modest change compared to its previous four consecutive 75-basis-point hikes, and presented a mildly optimistic outlook for the coming year.
A study by J.D. Power found that mobile apps have become the first resources investors consult to review their portfolios, make transactions, and conduct research. The trend is particularly noticeable among younger investors.
Another record-setting Medicare open enrollment period closed this week with more than 65 million Americans having to choose between Medicare or more than 40 different Medicare Advantage options.
Now offered by more than 25 percent of plans that offer fitness benefits, federal data show that “brain training” is the fastest growing Medicare Advantage fitness benefit.
Insurance leaders in 2023 will navigate turbulence not seen since the 2008 financial crisis, according to a predictive analysis from Forrester.
With natural catastrophe losses at record levels and spiraling costs from inflation, insurers, reinsurers, and property owners are girding for one of the toughest markets ever as they head to the January 1 renewal period.
A comprehensive Ernst & Young analysis of retirement savings scenarios concluded that integrating insurance products into a financial plan significantly boosts value to investors when compared with investment-only strategies.
The burgeoning and critical need for mental health resources in the U.S. extends well beyond families and schools to the workplace, with more than half of employers saying that mental health issues have affected their businesses in the past year, according to a recent study.
A J.D.Power study found customers are initiating purchase of life insurance much more frequently than before, with industry-wide quote rates rising last year for the first time in 30 years, and increasing another 9% this year.
