Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected].
Annuity sales are on a hot streak, with indexed and multi-year guaranteed annuities setting an all-time sales record in the first quarter of 2023.
As more insurers abandon areas hit by natural disasters, a new bill seeks to determine if those companies profit off fossil fuel investment.
A recent study suggests consumers may be tiring of seeking bargains as insurers raise auto rates, with more drivers going without insurance.
Despite an improving economy, the Fed is poised to raise interest rates, after taking a break from its record 10 consecutive rate hikes.
Health insurance companies in several states are seeking premium rate increases, citing the costs associated with popular obesity drugs.
Despite some signs of an improving economy, some institutional investors are nevertheless bracing themselves for what’s called a “black swan,” or “tail risk” event, according to a recent survey.
New York regulators put insurance companies on notice for selling multiple versions of the same policies, saying the practice is discriminatory.
While parts of the country bask in sweltering heat, inflation significantly cooled in June, raising hopes that the Federal Reserve might be able to curb rising interest rates and make that “soft landing” it wants to avert a recession.
Attorneys and arbitration experts say the JAMS forced arbitration process harms investors and allows RIAs to avoid liability for misconduct.
While traffic accidents and fatalities increased during the pandemic, new data show that, post-COVID, drivers are more reckless.
Though disruptive insurtech Lemonade recently set a record for settling an insurance claim , it hasn’t yet fulfilled its initial promise.
Forecasters and meteorologists are sticking with their general hurricane prediction that the 2023-24 season will probably be a “normal” one, though damage is impossible to predict.
According to Pew Charitable Trusts, states collectively reported $749 billion in OPEB liabilities with only about $69 billion in assets to pay for them, possibly setting up a crisis situation.
Investors yearning for the day when long-term bonds again become attractive investment vehicles will have to wait a while longer. And it may hinge on whether the economy dips into recession.
After an extended period of lagging life insurance policy sales, the industry may be forging a comeback, at least according to several accountings.
A year-old unique partnership program to foster the entry of British insurtechs to the U.S. market recently signed up six new entrants.
State Farm said it will stop writing new property insurance policies in California, making obtaining coverage harder for residents.
Mother Nature, inflation, and auto losses spur largest first quarter underwriting loss in 12 years for the nation’s property and casualty business.
Homeowners get discounts for some home safety measures. So, perhaps the insurance industry could be a catalyst for stricter firearms safety.
New Orleans-based Pan-American Life Insurance group said it has acquired the life insurance arm of Encova Mutual Insurance Group of Columbus, Ohio.
