January 17, 2025 Are the $30B LA fires a tipping point for the Calif. insurance market? There’s a consensus forming that the LA fires tragedy has already wrought a tipping point in several areas, including California insurance.
January 9, 2025 Colo. lawsuit: Does Hertz qualify as an insurer? A rental car accident spurs the question of whether Hertz qualifies as an insurer. The Colorado Supreme Court is due to take up the case.
January 8, 2025 3 UnitedHealthcare affiliates ordered to pay $165M in Mass. lawsuit Three health insurance companies affiliated with UnitedHealthcare have been ordered to pay $165 million for deceptive marketing practices.
January 3, 2025 The rising tide of insurance fraud: an estimated $308B problem Insurance fraud is a systemic problem that costs billions of dollars every year and impacts regulators, insurers, and consumers alike.
January 2, 2025 Disability claims skyrocket, raising new puzzle alongside ‘excess mortality’ Along with a baffling rise in post-pandemic mortality rates, the number of Americans claiming disabilities has skyrocketed since 2020.
December 30, 2024 The insurance industry 2025: What’s ahead? With so many variables swirling around the insurance industry, forecasting what’s ahead is fraught with unusual difficulty.
December 17, 2024 SEC panel reviews mandatory arbitration clause in investment advisory agreements RIAs were the focus of a recent SEC Investor Advisory Committee meeting over mandatory arbitration provisions.
December 16, 2024 Ohio, Oklahoma push back on ESG investing The pushback against ESG investing continues as two more states took action to quash progressive factors in financial decision-making.
December 15, 2024 What’s next for retirement income security? Insurers argue that the fiduciary rule limits choices for retirees and might make it more difficult to sell annuities and other retirement planning insurance products.
December 11, 2024 Health insurers enhance security following UnitedHealthcare CEO shooting The New York shooting that targeted a UnitedHealthcare executive has spurred health insurance companies to ramp up security procedures.
December 6, 2024 LIMRA: Annuity sales on track to set new record in 2024 Total annuity sales increased 23% to $331.2 billion in the first nine months of the 2024, on pace for another record-breaking year.
December 3, 2024 Financial sector under new Trump administration taking shape The Trump administration’s plans for the financial services sector are taking shape key appointments are being announced.
December 2, 2024 Grappling with the underwriting talent crisis The insurance industry is at a crossroads, facing a talent crisis fueled by demographic shifts and technology.
November 20, 2024 Lindberg request for residential detention hit by prosecutors Prosecutors push back on a request by convicted fraudster Greg Lindberg to serve time in a halfway house near his home.
November 13, 2024 Independent agents have high insurer satisfaction despite market challenges, study finds Despite one of the most challenging markets in history, independent insurance agents are more satisfied than ever with insurers.
November 7, 2024 Genworth reports strong Q3 performance, CareScout advancement Genworth Financial reported a strong performance in Q3 2024, and the advancement of its CareScout Quality Network.
November 6, 2024 AIG reports strong Q3 despite challenging market conditions AIG achieved strong Q3 growth in underwriting profitability and delivered consistent capital returns to shareholders, the company reported.
November 4, 2024 Survey finds some support for DOL fiduciary rule A new survey of financial professionals shows surprising and almost uniform support for the Department of Labor’s Retirement Security Rule
November 4, 2024 Hawaii court first to classify greenhouse gases as pollutants Hawaii Supreme Court becomes the first to classify greenhouse gases as pollutants, and thus excluded from traditional insurance coverage.
November 1, 2024 50 years of ERISA: A look back at its roots Millions of American workers enjoy secure pension funds today thanks to this regulation, which oversees private retirement plans.