The nation’s youngest adults are taking significant steps to improve their financial wellbeing with the goal of retiring at age 59 – years ahead of the generations that preceded them.
J.P. Morgan and Lincoln Financial merge insurance trust funds
Shareholders of four JPMorgan Insurance Trust Portfolios will be asked to approve a proposal to merge the JPM VITs into four corresponding, newly formed series of Lincoln Financial Variable Insurance Products Trust.
The NCOIL Paid Family Leave Insurance Model Act provides a framework for states to create a new line of insurance in which any insurer licensed to transact life insurance or disability income insurance will also be able to provide coverage for paid family leave.
Rising rates have been largely favorable for U.S. life insurer investment portfolios, driving higher investment income as reinvestment rates exceed book yields, helping to mitigate macroeconomic headwinds, market volatility and the heightened probability of mild recession in 2023, Fitch Ratings says.
RetireOne and Nationwide are teaming up to expand the distribution of Nationwide’s advisory annuity products, allowing Nationwide to reach new markets.
The most dangerous day to drive this month is expected to be Dec. 16, according to a predictive analysis of Nationwide claims data.
More Americans say their financial situation is worse than a year ago and don’t expect it to improve in 2023, according to the New Year’s Resolutions Study from Allianz Life.
While most Americans understand the importance of talking about grief, people are growing tired of discussing death and loss, according to new research from the New York Life Foundation, released today.
Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced today that an Oakland County woman charged with…
The 2022 Trends report counted two main strategies as sustainable investing: ESG incorporation–applying various ESG criteria in investment decision-making and portfolio construction–and filing shareholder resolutions on ESG issues.
More than two-thirds of American investors (67%) feel like their financial safety net has been taken away from them as a result of the events of 2022, up drastically from 47% of people who said so one year ago.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for November. The actions are…
Insurance Commissioner Ricardo Lara announced that Essilor Laboratories of America, Inc. (Essilor) has agreed to a $23.8 million settlement in…
Northwestern Mutual announced that it is introducing additional flexibility and choice into its lineup of disability insurance solutions for medical professionals, including physicians and dentists.
The Florida homeowners’ insurance market’s already precarious position will weaken further with the destruction generated by Hurricane Ian, a storm that is potentially the second largest hurricane in terms of insured losses, Fitch Ratings says.
A bill (S. 5149) introduced by Senator Mike Rounds (R-SD) would amend a definition that would currently result in burdensome requirements for insurance agents and brokers who assist consumers enrolling into Medicare.
Every day, telehealth delivers convenient access to affordable, high-quality care to help meet the nation’s growing demand for health care services.
Affordability a top trend to watch in health for 2023
A heightened focus on affordability is among the seven health and well-being Trends to Watch in 2023, Business Group on Health announced
The U.S. insurance industry’s top market conduct compliance challenges continue to relate to various claims handling requirements, including timeliness, required disclosures, along with payments and grievance and appeal processes—as well as underwriting, rating, marketing and producer requirements.
This new program was created to provide accessible whole life and accident insurance options to underserved markets across Massachusetts.