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Press Release

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Idaho insurance agent convicted of insurance fraud; receives 10-year sentence

April 6, 2023

Charlotte Sheppard of Richfield, Idaho was convicted of two felony counts of insurance fraud, for stealing clients’ insurance premium to…

Wisconsin releases enforcement actions for March

April 5, 2023

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for March. The actions are…

AmeriLife shakes up distribution leadership to grow annuity sales

April 5, 2023

AmeriLife Group, a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today…

April 1, 2023
Guardian Life and EVERFI are teaming up on a financial wellness curriculum

Guardian and EVERFI team up on ‘Minding Your Money’ financial wellness courses

Guardian Life and EVERFI from Blackbaud announce the April 6 launch of “Minding Your Money: Skills for Life,” a first-of-its-kind financial wellness curriculum that addresses the intersections of personal finances, relationships, and health and that helps young people learn lasting financial habits before they enter adulthood.

Study shows significant growth in 401(k) balances for younger workers who consistently participate

March 24, 2023

Account balances for consistent 401(k) plan participants rose from year-end 2016 through year-end 2020, according to a new study from the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) titled “What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Plan Account Balances, 2016–2020.”

Transamerica reveals workplace benefits forecast for 2026

March 22, 2023

Transamerica today unveiled predictions from workplace benefit professionals on a wide range of employee benefits issues looking toward 2026. Transamerica…

Chubb becomes first U.S. insurer to limit insuring oil and gas extraction projects

March 22, 2023

Chubb Limited today announced new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a byproduct of oil and gas production that are among the most severe greenhouse gases.

4 largest P/C insurers slash ad spending in 2022

March 21, 2023

The four largest personal lines property and casualty insurers lowered their advertising spend in 2022, in part to offset the rising costs associated with elevated claims, S&P Global Market Intelligence reported.

Modern Life announces distribution partnership with Symetra

March 21, 2023

Modern Life’s technology and brokerage platform will provide access to life insurance products from Symetra.

Workplace benefits: Can employers afford not to care?

March 20, 2023

MetLife’s 21st annual U.S. Employee Benefit Trends Study reveals ‘care’ is a key driver of life and job satisfaction – and not prioritizing it is causing major issues in the workplace

Nationwide and Fidelity Investments establish distribution relationship

March 20, 2023

Nationwide and Fidelity Investments are launching a new product for those seeking stability in volatile markets while providing Nationwide access to Fidelity’s network of financial professionals, available through the Fidelity Insurance Network. 

CFP Board launches public awareness campaign

March 20, 2023

The 2023 campaign, “It’s gotta be a CFP®,” will feature national broadcast and cable network television ads and includes a mix of advertising in various media channels, including streaming TV, streaming audio and digital venues.

Texas insurance adjuster accused of stealing $268,000

March 20, 2023

A Texas public insurance adjuster accused of stealing more than $268,000 in insurance claims from multiple victims has been indicted…

Regulators taking remedial actions in attempt to contain jittery markets

March 17, 2023

It is DBRS Morningstar’s view that the two significant bank failures to date, Silicon Valley Bank (SVB) and Signature Bank remain idiosyncratic and not representative of the overall U.S. banking sector.

B/Ds must respond to shifting advisor preferences

March 17, 2023

Broker/dealer revenues continue to face headwinds as advisors escalate their preferences for passive products, avoiding the revenue-sharing payments that asset managers have depended on for so long.

March 17, 2023

VA sales slump to lowest level in 25+ years, Wink Inc. reports

Wink Inc. reported deferred annuity sales in both the fourth quarter, and in all of 2022, were the greatest they have been since Wink began tracking sales of the product in 2015. However, the news for variable annuities was not so good.

Analysis of FINRA disciplinary actions shows decrease in sanctions and cases

March 10, 2023

A study found 2022 fines and restitution decreased significantly compared with 2021, in large part because of one record-breaking fine FINRA ordered in 2021 against an online brokerage firm. Additionally, the number of disciplinary actions declined for the third year in a row.

Vehicle thefts nationwide hit 1M mark for first time since 2008

March 10, 2023

Vehicle theft data indicates more than 250,000 thefts were reported in the fourth quarter of 2022 alone.

Wisconsin releases enforcement actions for February

March 7, 2023

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for February. The actions are…

March 6, 2023

6 in 10 women believe we are in or approaching a financial crisis

With concerns about market conditions top of mind, unease about retirement is up among women investors

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