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].

Pagination

1 … 7 8 9 10 11 … 20
March 29, 2024
Image of the U.S. Supreme Court. Supreme-Court-takes-on-life-insurance-as-a-corporate-asset.

Supreme Court takes on life insurance as a corporate asset

The Supreme Court to weigh in on whether the proceeds of a life insurance policy taken out by a corporation on a shareholder is a corporate asset.

March 28, 2024
Image of a mysterious and threatening figure in a hoodie sitting at a computer keyboard. Change Healthcare, medical providers still reeling from cyberattack.

Change Healthcare, medical providers still reeling from cyberattack

Change Healthcare is still recovering from the massive cyberattack that jeopardized treatment and payments for millions of patients.

March 18, 2024
Image of LNG tanker on the ocean with an overlay of a man's head with mouth taped shut and the caption "No Comment." Calls-to-end--LNG-investment-draw-silence.

Calls to end LNG investment draw silence

A letter demanding insurance companies and others end underwriting new LNG terminals mostly was met with silence from the industry.

March 13, 2024
Illustration with an IRA, $1 and $100 bills, with an overlay that reads" Roth Catchup Contribution Provision. Roth-catch-up-contribution-provision-delayed-until-end-of-2025.

Roth catch-up contribution provision poses challenges for many plans

In response to plan administrator concerns following SECURE 2.0 Act passage, the IRS has delayed the Roth catch-up contribution requirement,

March 8, 2024
Illustration showing the profiles of President Joe Biden and former president Donald Trump. How-does-a-presidential-election-impact-investment-decisions-.

How might a presidential election impact investment decisions?

What impact might the choice of a president have on investment decisions? One way to view that question is through the lens of history. 

March 5, 2024
Illustration showing a home set on fire with dollar bills strewn. Insurance-fraud-epidemic-continues-unabated;-drives-up-operational,-consumer-costs.

Insurance fraud epidemic continues; drives up operational, consumer costs

Insurance fraud, considered a $310 billion a year criminal business, shows no signs of slowing, according to the U.S. Federal Trade Commission

March 4, 2024
Image of two hands breaking their handshake and moving away, with the words "M&A takes a break." Insurance-M&As-drop-in-2023,-but-expected-to-rise-again-this-year.

Insurance M&As drop in 2023, but expected to rise again this year

Insurance company merger and acquisition deals fell off the table in 2023, hampered by the rising cost of capital and…

February 29, 2024
Image of laptop on a desktop displaying the Lemonade website logo. After-throttling-back-in-2023-Lemonade-to-push-growth-to-reach-profitabily.

After ‘throttling’ back in 2023, Lemonade to push growth to reach profitability

After intentionally “throttling” growth in 2023, executives at Lemonade say they expect to accelerate its growth plans by a factor of three.

February 29, 2024
Image of NAIC logo against a backdrop of a financial business district skyline with a lot of greenery. NAIC issues policies, but not regulation, on ESG investments.

NAIC issues policies, but not regulation, on ESG investments

NAIC issues ESG insurance sector policies, an expanding metric to grade insurers’ underwriting, investing, or other business decisions.

February 23, 2024
Image shows the Genworth logo.

Despite Q4 $230M loss, Genworth cites strategic advances

Genworth Financial pleased with the company’s fourth quarter financial results despite reporting a $230 million loss.

February 19, 2024
Image of medical personal below a sign reading "Johnson & Johnson." J&J-drug-pricing-lawsuit-seeks-class-action-status.

J&J drug pricing lawsuit seeks class action status

Lawsuit accuses drug giant Johnson & Johnson of mismanaging its employee benefits program and overcharging for drugs.

February 13, 2024
Image of the state flag of Ohio with a pyramid in the foreground. Ponzi-scheme-losses-to-Ohio-bank-are-insurable-court-rules.

Ponzi scheme losses to Ohio bank are insurable, court rules

Court rejects AIG’s claim that a bank’s losses from a Ponzi scheme run by one of its customers were not insurable.

February 9, 2024
Image of upward trending financial graphs, with a giant "$1.5B." Allstate-reports-Q4-net-income-of-$1.5.

Allstate has strong Q4, reports net income of $1.5B

Allstate reported 2023 Q4 adjusted net income in the of $1.5 billion on revenues of $14.8 billion, up 8.7% from the same period in 2022.

February 8, 2024
Image of downward trending financial graph, with $1.2B label and Lincoln Financial Group logo. Lincoln-Financial-sees-Q4-loss-of-$1.2B.

Lincoln Financial sees Q4 net loss of $1.2B

Lincoln Financial Group reported a net Q4 loss of $1.2 billion and a loss of $835 million for the full year of 2023.

February 8, 2024
Equitable Holdings logo against a backdrop of financial graphs showing mixed results. Equitable-Holdings-cite-momentum,-resilience-in-face-of-economic-headwinds.

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 logo against a backdrop showing $2.4B with large financial graphs.

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 skyline being seen by an AI-inspired character. NY's-proposed-AI-rules-seen-as-just-the-start-for-insurance-carriers.

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
Image of a senior couple holding a laptop, and being surrounded by graphic representations of cutting edge technology. Seniors-retirees-will-benefit-from-AI-advances-experts-say.

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
Illustration of an older woman looking worried, surrounded by the word "buy." Study-examines-hesitancy-around-buying-an-annuity.

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
Image overlooking a large financial district with a rising graph, and the legend "Economic Outlook" with a thumbs up icon. Improving-indicators-raise-expectations-for-economic-outlook.

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.

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