February 8, 2024 Equitable Holdings cites momentum, resilience in face of economic headwinds Equitable Holdings, Inc. cited resilience in the face of strong headwinds, and steady growth in its 2023 Q4 and full-year financial results.
February 8, 2024 Prudential reports turnaround, $2.48B net income for 2023 Prudential Financial Inc. Wednesday announced a significant turnaround in 2023, with net income reaching $2.48 billion,
February 5, 2024 NY’s proposed AI rules seen as just the start for insurance carriers New York’s recently proposed rules on how insurance carriers should use AI is a likely harbinger of what’s to come from U.S. regulators,
February 2, 2024 Seniors, retirees will benefit from AI advances, experts say According to tech and financial experts, seniors will greatly benefit from AI, without ever needing to know it’s working for them.
January 30, 2024 Study examines hesitancy around buying an annuity Study asks: If buying annuities is a good option for many retirees, why aren’t more people purchasing them?
January 26, 2024 Improving indicators raise expectations for economic outlook The economy outfoxed economists once again, with better than expected results possibly extinguishing the notion of an impending recession.
January 25, 2024 The Hartford to withdraw from Calif. homeowners insurance market The Hartford announced it will cease writing new Calif. homeowners insurance policies starting next month.
January 23, 2024 Independent contractor rule proposal spurring angst, confusion The DOL’s independent contractor rule proposal has met with resistance, confusion, and continued legal action by labor organizations
January 22, 2024 Insurance polices adding ‘insurrection,’ ‘riots’ as exclusions A number of healthcare insurance companies have added “insurrection” and “riots” to their list of excluded benefit payments.
January 18, 2024 Rocky road for property and casualty insurance continues It’s clear that all is not right with the property and casualty industry – and that it’s going to get worse before it gets better.
January 11, 2024 Life insurance applications up 3% in 2023; first rise in nearly 4 years Application activity for U.S. life insurance grew at a near 3% rate in 2023, showing the first uptick in almost four years.
January 10, 2024 New DOL rule could undermine financial advisors’ independent contractor status The DOL’s new rule to determine if a worker is an employee or independent contractor could undermine advisor’s independent contractor status.
January 8, 2024 Where is the economy headed in 2024? Where is the nation’s economy headed in 2024? What impact will interest rates, the election, and the job market have?
January 4, 2024 Calif. insurers continue tactics to slow new policies, stem losses California auto insurers are engaging in a host of tactics to discourage customer access to insurance in a strategy to stem losses.
January 2, 2024 Did insurtech live up to the hype in 2023? The hype died, the venture capital money dried up, and 2023 might have been the year the insurtech business came face to face with reality.
January 1, 2024 4% is a safe starting withdrawal rate for retirees, research finds The surge in the withdrawal rate is attributed to higher fixed-income yields and a reduced long-term inflation estimate.
December 29, 2023 Study finds long-term care coverage rare, costs high A recent study finds that only a small percentage of Americans have sufficient long-term care insurance, and that costs are high.
December 18, 2023 Underwriters say tech will transform work, but fear displacement Senior underwriters are convinced emerging technology innovations will transform their business, but worry about how they will be affected.
December 14, 2023 For first time, severe storm losses through Q3 top $50B Insured losses from severe storms in the U.S. for the first time surpassed $50 billion through the end of Q3.
December 13, 2023 Fed stands pat; markets jump After incrementally doubling interest rates to the highest levels in 22 years, the Fed, for the third month in a row, decided to stand pat.