Doug Bailey

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Doug Bailey

Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected].

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October 19, 2022
Life insurance lags in adoption of behavioral benefits.

Life insurance lags behind other sectors in adopting behavioral benefits

Behavioral insurance has found a place in health, auto, and home coverage, but U.S. companies have been relatively slow to apply the dynamics to life insurance.

October 13, 2022
While inflation rages on, Social Security increase planned

As inflation rages, government counters with 8.7% Social Security increase for 2023

As consumer prices rose 8.2 % for the year through September, the government announced an 8.7% raise in Social Security benefits beginning in January, the biggest bump up since 1981.

October 11, 2022
Medicare Advantage plans seen to decrease for 2023 plans.

Medicare Advantage projected annual premium decreases for 2023 plans

As inflation spirals and the price of basic goods and services continues to rise, the cost of one popular program affecting 30 million seniors and people with disabilities – Medicare Advantage – is steadily going down.

October 7, 2022
J.D. Power 2022 Agent Satisfaction Survey.

Agent satisfaction with carrier partners at all-time high, study finds

Overall agent satisfaction with carrier partners has reached an all-time high, according to the J.D. Power 2022 U.S. Independent Agent Satisfaction Study released this week.

October 5, 2022
Mass. ballot initiative may represent start of nationwide dental insurance reform.

Mass. ballot initiative may represent start of nationwide dental insurance reform

A grass-roots voter initiative on November’s Massachusetts ballot could represent an initial step toward nationwide dental insurance reform, advocates say….

October 3, 2022
Insurance loss estimates for Hurricane Ian range up to $75 billion.

Initial insured loss estimates for Hurricane Ian range up to $75 billion, a Fla. record

Insured loss estimates from Hurricane Ian range from an initial $42 billion to $75 billion, making it the most expensively damaging storm in Florida’s history.

October 1, 2022
Study shows Medigap policies persist 9 years or more.

Survey finds Medigap policies persist, on books for 9 years or more

TV ads and other marketing techniques have paid off for supplemental Medicare insurance providers. Agents surveyed said Medigap policies they’ve sold remain on the books for nine or more years.

October 1, 2022
Survey reveals Medicare enrollment is complicated, confusing

Medicare study reveals confusing, complicated enrollment process

An independent survey of more than 1,000 Medicare beneficiaries reveals an enrollment process that is unjustifiably overcomplicated, outdated and, once enrolled, beneficiaries do not fully understand their plans.

September 30, 2022
How to avoid missteps in filing Hurricane Ian insurance claims.

5 tips to help avoid missteps in Hurricane Ian claims

As the cleanup and damage assessments begin in the wake of Hurricane Ian in Florida and the southeast, insurance experts are emphasizing steps that can be taken to maximize insurance coverage and recovery following the immediate crisis.

September 28, 2022
States pressed to reduce licensing barriers for insurance agents.

Groups press states to reduce barriers to insurance agent licensing

In a move to boost the number of insurance agents and make licensing exams easier to pass, life and annuity industry groups are asking states to update licensing rules and remove unnecessary barriers.

September 27, 2022
Sarah Iselin

Sarah Iselin looks ahead to new role leading Mass. BCBS

Early next year, Sarah Iselin, 51, will become the first female CEO of Blue Cross Blue Shield of Massachusetts, the…

September 21, 2022
Despite insurtech presence, spending by major insurance companies has remained stable.

Despite insurtech pressures, tech spend by major insurers remains stable

Despite enduring a global pandemic , and intense pressure from upstart insurtechs, technology spending by major insurance companies has surprisingly been stable for the last eight years, analyst says.

September 16, 2022
Advisor, tax pros weigh in on tax preparation measures.

Advisors, tax pros weigh in on best year-end tax planning tips

As the arrival of fall brings us toward year’s end, we canvassed financial advisors and tax specialists to get their tips on readying for tax season.

September 16, 2022
GOP lawmaker warn FINRA on heightened regulation for "complex products."

GOP lawmakers warn FINRA against heightened ‘complex product’ regulation

GOP members of the House Financial Services Committee say heightened regulation of retail investors sale of “complex products” and options could raise costs and unfairly limit retail investors’ access.

September 15, 2022
Life insurance undergoing changes, growth.

Experts portray life insurance as in demand, undergoing change

An overview this week of current life insurance trends and what leading advisors are doing to maximize the use of life insurance for clients portrayed an industry radically changing to meet consumer needs.

September 13, 2022
US drops in retirement wellbeing index.

US retirement wellbeing ranking slips in global index

The U.S. barely held on to a top 20 position partly due to the progress other countries have made in improving retirement benefits and programs, according to the 10th annual 2022 Global Retirement Index.

September 9, 2022
Survey finds drop in retirement confidence.

For first time in years, survey finds drop in retirement confidence

For the first time in years, an annual survey of retirement trends has found a drop in confidence with fewer Americans reporting they’re on track with savings.

September 7, 2022
Insurance industry examining coverage, risks of electric vehicles.

Insurance industry examines coverage, risks of all-electric vehicles

As state and federal authorities move to encourage adoption of all-electric autos, insurers are continuing to examine how coverage options and liability claims may change.

September 1, 2022
7 reasons to buy life insurance during a turbulent economy.

7 reasons to buy life insurance during a turbulent economy

Ask an agent about the best time to buy life insurance and the answer will likely be “now,” or “anytime.”…

September 1, 2022
Property, auto insurance subdued in Q2.

Property, auto insurance shopping subdued in Q2, report finds

Property and auto insurance shopping in the second quarter of 2022 was generally subdued with variations in certain segments, according to the latest trends and perspectives report from TransUnion, the global information and insights company.

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