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Four key regulatory AI trends insurance firms and professionals can expect to see this year, according to law firm Locke Lord.
More than 20% of American adults who plan to leave unpaid debt behind for their loved ones to inherit do not have life insurance coverage, according to a new survey from Policygenius.
Only a small percentage of retirees take a holistic retirement view and include activities such as pastimes in their plans, a study finds.
In their search for financial advice, more Americans are shifting deposits from traditional banks to financial firms.
With regulators expected to continue cracking down on off-channel communication in 2024, these five key steps will help avoid penalties.
A coalition of major trade groups is calling for the NASAA to withdraw proposed changes to its business rules, calling them “unnecessary.”
Although insurance industry acquisitions and mergers have experienced the largest decline ever, one experts calls it a “return to normal.”
Financial advisors can use mobile wealth management apps as a means to increase client engagement and satisfaction, a recent study found.
Many seniors, while concerned about outliving retirement resources, are not accurately predicting their lifespan.
People who have financial fears are five times more likely to want to buy life insurance, while affordability is a concern.
Actuarial businesses should implement their own AI governance frameworks, as official regulation is lagging, a panel of experts recommended.
Many Americans have not taken any steps to prepare long-term care plans despite being keenly aware of its importance, a study found.
A third of financial advisors surveyed are dissatisfied with the digital experience offered by the asset management industry.
Thousands of Montanans may have lost public health insurance due to a difficult Medicaid redetermination procedure.
Legislation that would make California the 41st state to adopt best-interest annuity sales rules stalls amid pushback from consumer groups.
Insurance companies and regulators could reverse rising fraud by engaging underserved communities and supporting insurance literacy efforts, a panel of experts said last week.
Possible changes to WA Cares, Washington state’s new public long-term care insurance benefit plan, are being compiled for consideration.
Concern about inflation and retirement income is leading consumers to prioritize asset protection over growth, according to new research.
