Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected]
While the hiring rate of Black employees in the insurance business is double that of other employee groups, Black workers are leaving the workforce at rates significantly higher than other groups.
The industry is caught in a perfect storm of increasing claims costs and a worker shortage. What does that mean for premiums?
Top advisors who have adopted technology are growing their book of business revenue by 26%, year-to-year.
The ballooning inflation rate in the U.S. may peak and stabilize within the next six to eight weeks, but the war in Ukraine has blurred predictions how the world’s economy will fare in the coming months.
There’s hope Congress will adopt some enhanced retirement savings legislation, as well as changes to capital and unrealized gains, wealth taxes, and new estate and trust rules that are included in President Joe Biden’s proposed budget.
Florida just became the largest state to require financial literacy for a diploma and several other states are considering similar measures or have laws on the books waiting to be enacted.
Sixty-two percent of those with an annuity said they believed their money saved will last the rest of their life, while 48% of those without an annuity didn’t think so.
While the massive growth in private equity investment in insurtechs continues unabated, private equity is generating new levels of scrutiny from regulators and insurance commissioners concerned about the impact the trend will have on the insurance industry as a whole.
According to a new survey from Lincoln Financial Group, 59% of consumers said they plan to make permanent changes to the way they spend and save money as a result of the COVID-19 pandemic.
A recent study by global management consultant Oliver Wyman concluded that if insurers sold life insurance to women at the same proportion of their income as men, $500 billion in new written premiums could be created.
A majority of workers say the pandemic has made them more concerned about their finances, both immediate and long-term financial security.
The viability question of the government benefit and its trust fund is perhaps more vital for women because of the length and dependence of female beneficiaries, with a full 96% of Social Security survivor benefits going to women.
Studies have shown that women substantially outperform men when it comes to their saving investments, a financial literacy expert said.
An increasing percentage of financial advisors plan to hand off their practices to their successors, surveys indicate.
Five suggestions for addressing the shortfalls in retirement for women and the overall gender disparities.
The Casualty Actuarial Society published a series of reports on race and property/casualty insurance pricing.
Statistics show Americans are driving few miles but at much faster speeds.
The COVID-19 pandemic apparently fueled an interested in long-term disability insurance, according to a survey by DI insurtech Breeze.
Add saving for retirement to the list of things that COVID-19 has impacted, according to a new survey from the…
Bradley Schurman, author of The Super Age: Decoding Our Demographic Destiny, said that increasing lifespans will require Americans to fund more years in retirement, something he said our society is not prepared to do.
