Following comments from the Federal Reserve Friday, experts interviewed raised the likelihood of rising premiums on annuities and life insurance products as interest rates climb.
Insurance fraud costs the US economy a record $308.6 billion annually according to a new comprehensive study by the Coalition Against Insurance Fraud, the first of its kind in more than 25 years.
A growing majority of businesses in North America are either uninsured or underinsured against the rising wave of ransomware attacks and other cyber events.
Customer satisfaction of commercial line insurers among small businesses, which plummeted for two years during the pandemic, is showing signs of rebounding, according to a new J.D. Power study.
Since Jan. 2021, insurance brands – life, health, auto & general – have accounted for 9.32% of estimated national TV ad spend and 6.25% of TV ad impressions during new-airing programming. Also, four of the five most-seen brands in that timeframe were insurance brands.
The need to diversify participation of women and people of color in financial services has never been greater and can directly impact a company’s bottom line, webinar presenters agreed.
TransUnion said the insurance industry is seeing more “soft fraud” because some consumers may be representing their policies incorrectly to save money.
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.
Congress moved to actually take the stamper away from notaries, at least symbolically, with House passage of the SECURE Notarization Act last week. The bill now moves to the Senate for final approval,
Financial advisors may find it easier to get into the business of selling registered index linked annuities (RILAs) after a Congressional committee Thursday okayed a proposal to lower some of the market entrance barriers.
Partly as a result of consumer demand for an Amazon-like service experience, and partly due to the threat posed by young insurtechs to disrupt the industry, traditional insurers are investing heavily in new high tech tools.
With inflation peaking at a new 40-year historic high of 9.1% today, InsuranceNewsNet checked with financial advisors and others to find out how this will impact retirement savings, and what investments strategies they recommend at this time.
Americans, in this post-pandemic era of raging inflation, crashing markets, and international turbulence, say they want and need professional investment…
Workers who move their retirement funds into mutual fund IRAs could get hit with significant unrealized fees that would shrink their savings, potentially impacting the quality of their golden years, according to a new Pew Charitable Trusts study.
Salespeople, marketers, and companies need to prepare for the next generation of social media marketing, expert tells the 2022 Annual Meeting of the Million Dollar Round Table, and improve their social media selling.