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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1 … 5 6 7 8 9 … 20
July 30, 2024
Image of the SEC logo, with a background of financial charts and a person typing in numbers. SEC’s ‘best interest’ rule fails to live up to initial promise, panel says.

SEC’s ‘best interest’ Reg BI rule fails to live up to initial promise, panel says

The Reg BI “best interest” rule adopted by securities regulators five years ago has not nearly lived up to its promises, a panel says.

July 26, 2024
Image of a hurricane as seen from the outer atmosphere. Hurricane season could top last year’s $100B damage costs, experts say.

Hurricane season could top last year’s $100B damage costs, experts say

The hurricane season this year might exceed the $100 billion in property damage from hurricanes in 2023, experts say.

July 25, 2024
American flag flying in the foreground with the Supreme Court building and the word "Chevron" superimposed across the sky. Bill-filed-to-reinstate-recently-overturned-Chevron-Doctrine-by-SCOTUS.

Bill filed to reinstate recently overturned Chevron doctrine

Saying the courts and corporations have hijacked the government, a group of senators have filed a bill to reinstate the Chevron Doctrine.

July 24, 2024
Image of a bright sunrise with the legend "Q2 Earnings" overlaying it. Brighter-outlook-seen-for-Q2-insurance-industry-earnings.

Brighter outlook seen for insurance industry Q2 earnings

As insurers prepare to release Q2 financial earnings, some, if not many, of the negative factors they’ve faced recently have diminished.

July 23, 2024
Illustration of two figures dressed in business attire with briefcases heading in opposite directions. Despite-expectations-insurance-industry-MAs-continue-to-decline.

Despite expectations, insurance industry M&As continue to decline

An expected pickup in insurance industry mergers and acquisitions has not yet materialized with a decrease in the first half of this year.

July 22, 2024
Image of a caduceus against a backdrop of the US Supreme Court. Health-insurers-health-care-industry-to-feel-impact-of-SCOTUS-Chevron-ruling.

Health insurers likely to feel impact of SCOTUS Chevron ruling

Health insurers and the broader health care industry brace for impact from the recent landmark SCOTUS Chevron deference doctrine ruling.

July 12, 2024
Illustration of one person handing a giant dollar sign to another, with the Department of Labor logo in the background. DOL-may-review-derisking-pension-risk-transfers-says-congressional-report

DOL may review ‘derisking’ pension risk transfers, says congressional report

The DOL says it may review the controversial practice of transferring pension risks to life insurers, commonly known as “derisking.”

July 11, 2024
Image of Congress as the backdrop with the words "Fiduciary Rule Vote" overlaying the image. Bill-to-kill-fiduciary-rule-heads-for-congressional-vote.

Bill to kill fiduciary rule heads for full congressional vote

A bill to kill the new fiduciary rule is headed for a full vote in Congress after two committees this week resoundingly approved it.

July 11, 2024
California Insurance Commissioner Lara standing against a backdrop of raging wildfires and the California state seal. Commissioner-attempts-to-address-Calif-insurance-crisis-head-on.

Commissioner attempts to address Calif. insurance crisis ‘head on’

California Insurance Commissioner Ricardo Lara has forged ambitious proposals to solve the crisis and calm the market.

July 5, 2024
Illustration of the J.D. Power logo against a background of a sleek car, wrapped in cash. JD-Power-study-looks-at-rising-auto-insurance-costs-consumer-trust.

Study looks at rising auto insurance costs, consumer trust

A new U.S. vehicle insurance study finds along with increased repair costs, other issues are placing an added financial burden on insurers.

July 2, 2024
Image of senior couple looking concerned as they sit aside a symbolic piggy bank. Retirement-confidence-at-record-low-but-will-it-improve.

Retirement confidence at record low, but will it improve?

Worker confidence in having enough money for retirement is still at record lows, though perhaps trending slightly upward.

July 2, 2024
Image of silhouettes of judges with the letters "FSI" and "SIFMA" superimposed. FSI-SIFMA-join-federal-lawsuit-to-overturn-DOL-fiduciary-rule.

FSI, SIFMA join federal lawsuit to overturn DOL fiduciary rule

FSI and SIFMA have joined a federal lawsuit that seeks to overturn the Department of Labor’s fiduciary rule.

July 1, 2024

When advising young investors, it’s all about ‘cutting through the noise’

The younger generations can get caught up in unrealistic investment ideas they find on social media. For advisors, the challenge is to cut through the noise and help them set realistic expectations.

June 28, 2024
Image of a courtroom with the logo of A.M. Best overlaying it. Insurers-AM-Best-reach-preliminary-settlement-in-financial-ratings-case.

Insurers, A.M. Best reach preliminary settlement in financial ratings case

Two insurers accusing A.M. Best of unfairly downgrading their ratings have reached a preliminary settlement with the credit rating agency.

June 28, 2024
Illustration showing young people in front of computers and other electronic screens learning about financial investments. Advisor-starts-unbiased-system-for-learning-to-aid-young-investors.

Advisor starts ‘unbiased system for learning’ to aid young investors

How young people learn about money presents an interesting dichotomy: they have better access to information, but how good are those sources?

June 27, 2024
Post-COVID-disabilities-increase-puzzles-experts

Post-COVID disabilities increase puzzles experts

Along with rise in excess mortality numbers post-COVID, the number of working people with disabilities in the last three years is also up.

June 18, 2024
Photo of senior couple running along a track. John Hancock expands its longevity arsenal.

John Hancock expands its longevity arsenal

In its continuing effort to encourage proactive healthcare and longevity, John Hancock adds discounted access to advanced whole-body MRI

June 11, 2024
Image of the term "RILA" with flames and fireworks all around. Goldman-Sachs-survey-finds-RILA-acceptance-rise-meteoric.

Goldman Sachs survey finds RILA acceptance, rise ‘meteoric’

Annuity sellers are emphasizing value propositions that strike a balance between managing downside risk while offering upside participation.

June 10, 2024
Image showing the words "Consumer Watchdog" with a background filled with large eyeballs. Calif.-watchdog-group-taking-in-millions,-but-is-it-saving-consumers-billions.

Calif. watchdog group taking in millions, but may be saving consumers billions

A law that gives Californians a direct roll in what insurance companies can charge has benefited the consumer group that wrote the law.

May 31, 2024
Image of many help wanted signs with a crowd of people milling about. Finding,-keeping-insurance-talent-a-challenge-as-industry-retirements-loom

Recruiting insurance talent a challenge as industry retirements loom

About half of the insurance workforce is 55 and older and will be retiring soon, creating many vacancies – and a recruitment nightmare.

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