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August 16, 2024
Image shows the Zurich Insurance logo
A court ruled that Zurich does not have to pay out damages for two agents accused of misappropriating trade secrets.

Court: Zurich not liable for agents accused of misappropriating trade info

A software company’s attempt to recoup its losses from an insurance company due to trade secret theft has been rebuffed by an appeals court that ruled the policy covered negligent acts but not intentional ones.

August 16, 2024
Image shows several generations of people gathered.
Connecting with younger generations is a crucial element of success.

Building authentic connections across generations

By Irene Stolte Clients from different generations and upbringings walk through my office doors every day. Some days, I meet…

August 16, 2024
Photo illustration of members of Gen Z. Gen-Z-What-insurers-need-to-know-about-them.

Gen Z: What the insurance industry needs to know

Insurers who want to reach this age group must up their social media game while delivering an experience that meets the needs of these young adults.

August 16, 2024
Image shows several thought bubbles with various messages.
State insurance regulators are trying to establish a consistent long-term care rate review process.

Regulators take heat from all corners on new LTC rate review proposal

Long-term care insurance rate hike requests represent a longstanding headache for state insurance regulators who desire consistency.

August 15, 2024
Financial advisor with a client. Annuity-integration-initiative-could-help-advisors-build-superior-client-engagement.

Annuity integration initiative could help advisors build ‘superior client engagement’

Advisors could soon benefit from simpler integration of annuities if IRI is successful in developing a digital, standardized infrastructure.

August 15, 2024

Medicare costs lowered for 10 drugs in latest round of price negotiations

The Biden administration announced today it has reached agreements for new, lower prices for 10 of Medicare’s most popular and costliest prescribed drugs.

August 15, 2024

More Americans say yes to sharing wellness data

An increasing number of Americans say they are willing to share their wellness data in return for saving money on insurance.

August 15, 2024

Why insurers must maintain a personal touch in a technology-driven era

Insurers must adapt and evolve to meet policyholder’s changing needs and expectations.

August 15, 2024
Image shows a montage of faces of different races and genders.
Regulators debated the meaning of "proxy discrimination" at the NAIC summer meeting in Chicago.

Regulators debate need for proxy discrimination protections in insurance

Regulators hosted a lengthy debate on proxy discrimination’s meaning and cultural significance. Proxy discrimination occurs when a facially neutral trait is used as a stand-in for a prohibited trait.

August 14, 2024

Extreme weather could crack a retirement nest egg

Many Americans appear to have another financial risk to worry about: The negative effect that extreme weather could have on their financial future.

August 14, 2024
Image shows a roiling sea and the word "IRA."
Roth IRAs contain important five-year rules.

Expertly navigating Roth IRAs: Benefits and five-year rule insights

Despite its numerous benefits, the Roth IRA comes with specific rules that can be confusing and are often interpreted incorrectly.

August 14, 2024

Health agents return from Washington summit

Members of Health Agents for America returned from their 2024 Agent Summit in Washington, where they discussed issues ranging from the practice of “twisting” to the impact of the Inflation Reduction Act on Medicare Part D with their elected representatives in Congress.

August 14, 2024
Image of a human face with digital information points represented throughout the face. NuraLogix-How-one-company-is-using-facial-scanning-for-insurance-underwriting.

NuraLogix: How one company is using facial scanning for insurance underwriting

NuraLogix developed an artificial intelligence tool that can measure more than 100 health and wellness parameters using a video camera.

August 14, 2024

How auto insurers are leveraging advanced data scoring to provide more customized rates

The auto insurance industry is leveraging advanced data, analytics and data scoring to create more affordable, fair and personalized insurance packages.

August 13, 2024
Image shows the NAIC logo.
Regulators are concerned about offshore reinsurance reserves.

Reinsurance asset testing guideline could run afoul of existing agreements

Regulators seeking to strengthen asset testing requirements for large-scale offshore reinsurance deals ran into a few potential hurdles this week.

August 13, 2024
image of family with parents and child. The-need-gap-How-does-the-industry-reach-underserved-communities.

The need gap: How does the industry reach underserved communities?

The life insurance industry has documented the need gap that exists in underserved communities. But why does that gap exist? And how does the industry bridge the gap?

August 13, 2024
SLTDI

STLDI plans in for some big changes

Short-term limited duration insurance is the subject of new restrictions by the federal government.

August 13, 2024

STLDI plans banned in Illinois: What advisors must know

Illinois Department of Insurance banned short-term limited duration health plans as of Jan. 1, 2025.

August 12, 2024
Image shows the Society of Actuaries logo and a paper with the typewritten word, "Surrender"
The Society of Actuaries shared updated lapse and surrender data with regulators Sunday.

LIMRA/SOA study: Fixed-rate deferred annuitants are not surrendering early

A fresh study shows that annuitants are generally not surrendering their contracts prior to the surrender charge period.

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