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October 30, 2024
Illustration of the U.S. Capitol building with a large medical cross in the background. How-much-of-an-issue-in-the-election.

Health care: How much of an issue in the election?

Health care has not been one of the central issues in the upcoming presidential and congressional elections. But Democratic presidential nominee Kamala Harris has campaigned on health-related issues more than her Republican opponent, Donald Trump, has.

October 30, 2024
Image shows a dictionary definition of "Commission."
The SEC says a Massachusetts advisor sold inappropriate annuities to his clients.

Advisor to SEC: show the court your guidance on commission payments

A Massachusetts financial advisor also licensed as an insurance agent is asking a judge to force the Securities and Exchange Commission to back up its stance on commission payments.

October 29, 2024
Image of auto mechanic working on car repairs. Repair cycle times, costs drive customer satisfaction for auto claims, study finds.
Asian auto mechanic working on car engines. Repair and service. customer service Work on the engine in the garage. automobile car concept.

Repair cycle times, rising costs drive customer satisfaction for auto claims, study finds

While auto repair cycle times have improved, rising repair costs are impacting customer satisfaction, according to a recent study.

October 29, 2024
Image shows a truck and the words, "Q3 Annuity Sales."
Annuities continued selling strong in the third quarter.

Economic conditions, income needs drive big annuity sales, LIMRA says

Strong economic conditions and a growing awareness of the power of guaranteed income continued to drive record-setting annuity sales through the third quarter, LIMRA reported.

October 29, 2024

Turning political uncertainty into portfolio gold

The inevitable market volatility that accompanies political transitions is both a cause for concern and a chance for strategic investment.

October 29, 2024
Illustration showing several ghosts with the Anthem BCBS logo overlaying the image. Ratings-agency-concerned-Florida-insurers-may-be-unfairly-denying-hurricane-claims.

Anthem BCBS may face class action suit for alleged ‘ghost network’

A first-of-its-kind lawsuit seeking class action status against Anthem BCBS accuses the insurer of misleading patients.

October 28, 2024
Image of hurricane damaged neighborhood with a giant "Denied" ink stamp image overlaying it. Ratings-agency-concerned-Florida-insurers-may-be-unfairly-denying-hurricane-claims.

Ratings agency ‘concerned’ Fla. insurers may be unfairly denying hurricane claims

Florida-based Weiss Ratings agency is voicing concern about the high number of claim denials in the wake of Hurricanes Helene and Milton,

October 28, 2024
Image of a business advisor leaving a building looking upset, with the words "You're Fired" overlaying the image. Why-clients-fire-advisors-and-why-they-keep-them

Why investors fire advisors (and why they keep them)

Common wisdom states that investors fire their advisors because of unhappiness with their returns. But that’s not always the reason, two Morningstar behavioral experts said.

October 28, 2024
Image of an elder couple looking happy and healthy. With-lives-saved-Hancock-expands-its-longevity-view-of-life-insurance-v2.

With lives saved, Hancock expands its longevity view of life insurance

Kelley King thought taking a test offered by his life insurance company would qualify him for a premium discount. Instead, it saved his life.

October 25, 2024
Image shows the KKR logo.
KKR celebrated strong numbers in the third quarter, led by its Global Atlantic annuity business.

KKR incorporates annuity company into massive investing juggernaut

KKR’s bottom-line numbers sparkled in Q3, and the firm fully owns Global Atlantic Financial Group, one of the leading sellers of annuities.

October 24, 2024
Image shows the Globe Life logo
Globe Life executives said the insurer is doing business as usual while various controversies swirl.

Globe Life posts another strong quarter as legal, regulatory woes mount

In another quarter repeating a familiar narrative for Globe Life, the insurer posted strong earnings amid a flurry of disturbing allegations.

October 24, 2024

AI-driven solutions to overcome insurance industry hurdles

A new wave of AI-enabled tools and platforms offers a powerful solution to help insurers enhance operational efficiency.

October 24, 2024
Image shows a bewildered couple looking at a financial statement.
Americans often don't understand the annuities they are buying, J.D. Power found in a new study.

Annuity sellers need to work harder to satisfy customers, J.D. Power finds

A new J.D. Power survey finds that 43% of producers fill out annuity applications for their clients. They are the buyers least likely to understand what they bought.

October 24, 2024
Image of workers surrounded by symbols of workplace benefits. Workplace-benefits--How-to-help-workers-understand-and-use-them.

Workplace benefits: How to help workers understand and use them

A disconnect exists between what workplace benefits employers offer their workers and how workers understand and use these benefits.

October 23, 2024

IUL: What you need to know about commissions

Commissions on IUL policies (and other universal products) are anything but black and white.

October 23, 2024
Illustration of a person pushing a boulder up a hill with the AM Best logo on the boulder. AM-Best-ratings-face-pushback-from-some-insurers.

AM Best ratings face pushback from some insurers

The world’s oldest credit rating agency, AM Best, has come under fire recently as some insurers have questioned its methods.

October 23, 2024
Image of two business people shaking hands with the Cigna and Humana logos overlaying. Cigna-and-Humana-reportedly-seeking-a-second-chance-at-deal.

Cigna and Humana reportedly seeking a second chance at a deal

Health insurance giants Cigna and Humana are reportedly renewing their attempt at a merger, nearly a year after they called off a similar deal.

October 22, 2024
Image of the state of Washington seal, state legislature and overlayed with the letters "LTC." Fate-of-Wash-states-long-term-care-program-hangs-on-vote.

Fate of Wash. state’s long-term care insurance program hangs on vote

The fate of WA Cares hangs in the balance as state residents prepare to vote on whether they should be allowed to opt out of the program.

October 22, 2024
Photo of former NATO Supreme Allied Commander Gen. Wesley Clark. Risks-to-the-US-include-cyberattacks-and-hostile-nations.
Former NATO Supreme Allied Commander Gen. Wesley Clark.

Gen. Clark: US risks include cyberattacks, climate change, AI

Gen. Wesley Clark told a group of actuaries that although “there are a lot of good things going on” in the U.S. currently, the country faces its most dangerous period since the late 1930s.

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