Many not planning well for life expectancy, study finds
Many seniors, while concerned about outliving retirement resources, are not accurately predicting their lifespan.
Rayne Morgan
Financial fears encourage, inhibit life insurance sales
People who have financial fears are five times more likely to want to buy life insurance, while affordability is a concern.
As regulation lags, panel urges actuarial AI frameworks
Actuarial businesses should implement their own AI governance frameworks, as official regulation is lagging, a panel of experts recommended.
Most Americans aware of LTC’s importance, but few have started preparing
Many Americans have not taken any steps to prepare long-term care plans despite being keenly aware of its importance, a study found.
Study: asset management industry hurt by poor digital experience
A third of financial advisors surveyed are dissatisfied with the digital experience offered by the asset management industry.
Redetermination challenges spur Medicaid coverage losses in Montana
Thousands of Montanans may have lost public health insurance due to a difficult Medicaid redetermination procedure.
Calif. annuity legislation must pass by 2025 to avoid ‘dual regulation’
Legislation that would make California the 41st state to adopt best-interest annuity sales rules stalls amid pushback from consumer groups.
Insurance industry finds links between fraud and insurer discrimination
Insurance companies and regulators could reverse rising fraud by engaging underserved communities and supporting insurance literacy efforts, a panel of experts said last week.
Panel weighs possible changes for WA Cares LTCi plan
Possible changes to WA Cares, Washington state’s new public long-term care insurance benefit plan, are being compiled for consideration.
IRI study: Consumers seek secure income, asset protection
Concern about inflation and retirement income is leading consumers to prioritize asset protection over growth, according to new research.
