Steven A. Morelli is a contributing editor for InsuranceNewsNet. He has more than 25 years of experience as a reporter and editor for newspapers and magazines. He was also vice president of communications for an insurance agents’ association. Steve can be reached at [email protected].
Financial advisor clients feel better about their financial situation when they believe their advisor has recommended the right amount of life insurance for them, according to research conducted by Jamie Hopkins. But a third of advisors think that half their clients don’t have the right amount of life insurance.
The disinvestment during the pandemic, especially in developing regions, will compound over the decade, slowing down the economic spurt expected as the pandemic subsides, according to the World Bank Global Economic Prospects report.
Bitcoin broke price records a couple of times last week. So, is it time for advisors to add cryptocurrency to the investing toolbox? Although clients might be asking about bitcoin and its cousins, advisors are just peeking over the fence at this point.
Low interest rates have been slamming annuity sales, but multi-year guaranteed annuities have had their best quarter yet. Sheryl J. Moore tells why these CD-like annuities are burning up.
The life and health industries got past the emergency phase, but conditions are still critical.
After a challenging first half, the independent distribution channel jumps back into indexed universal life sales with a big pop in the
third quarter. Variable universal life also had a boffo quarter.
Insurance agency managers might have decades of experience to guide their judgment and decisions, but that is no match for the wisdom that data yields, according to panelists at NAILBA 39. Becoming a data-driven agency can boost the bottom line exponentially
The prospect of a Joe Biden presidency has experts and advisors taking a hard look at Biden’s tax proposals. Although, the viability of those plans hang on the Senate balance, advisors say clients want to talk tax.
Brighthouse Financial credits the company’s strong showing in annuities to consumer demand and the sales force’s ability to pivot during the pandemic.
A Cannex researcher and executives from AIG and Delaware Life review some of the tough lessons being meted out by the pandemic. One key realization is that consumers’ short-term concerns are putting their long-term needs on the back burner.
The pandemic is accelerating the trend of employees going into the gig world. Now, insurance companies are looking at how to serve that population missing out of disability coverage, according to Forrester Research.
So, the SECURE Act took away the stretch IRA. But here’s Tom Duncan of Nationwide with three opportunities for advisors that he revealed at the National Association for Fixed Annuities’ annual Annuity Distribution Summit this week.
MassMutual would own American Equity but retain its managers and employees in the deal. Athene is backing the deal with $3 billion at its disposal, with another $3 billion available, according to the specifics of the offer.
How COVID-19 Is Rapidly Rewriting How Life Insurance Is Done | For producers in a pandemic world, complex and slow are out, simple and fast are in.
The edge of autumn is a strange place this September. After this broiling summer, when COVID-19 flared rather than faded, we are missing our routines. Usually in the cooling refuge of September we can settle into the reassuring rhythm of the kids going to school and our pushing back into serious business leading up to the holiday season.
Consumers are rushing to safety as they did early in the Great Recession, but they are running toward different products during this economic downturn – and that trend is likely to continue even in this ultralow rate environment.
Mortgage delinquencies are increasing faster than they did during the Great Recession. The good news is that it appears to be slowing down. The bad news is that a second great shutdown combined with lax federal aid might make for an ugly third and fourth quarter.
Brighthouse Financial held relatively steady in overall annuity sales with a year-over-year drop of 3% as the company pivots to…
Annuity regulations finally appear to be aligned and workable. But the ink might not even dry before another election could potentially reverse the rules.
A new Department of Labor rule might create an inhospitable environment for ESG funds.
