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May 14, 2024
Image shows the words, "Life Premium Drops Year Over Year."
New annualized life insurance premium dropped in Q1, but it's not all bad news, LIMRA says.

New annualized life insurance premium dips in Q1, LIMRA reports

Total individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey.

May 14, 2024

Gen Z clients may be the right fit for the new breed of IUL products

An IUL policy presents an opportunity for significant growth for young adults who have a long investment horizon.

May 14, 2024
Illustration of dollar bills appearing chunky. Chunky-spending-becoming-the-retirement-norm.

‘Chunky’ spending becoming the retirement norm

The right mix for retirement planning doesn’t mean million-dollar portfolios, but, often, advice for “chunky” spending, a recent study finds.

May 13, 2024
Image shows the Globe Life logo.
Another research report is out accusing a Globe Life subsidiary of widespread abuses.

Former American Income agent surrenders license in phony life app flap

A Pennsylvania agent found to be selling fictitious life insurance policies is providing more ammunition for critics of Globe Life Insurance Co.

May 13, 2024
Illustration showing many people receiving long-term care. Experts-say-Medicaid-wont-solve-Americas-long-term-care-problem

Experts say Medicaid won’t solve America’s long-term care problem

Faced with providing affordable long-term care for a rapidly aging population, one expert says relying on Medicaid cannot be a solution all on its own.

Fifteen California residents charged in alleged auto insurance fraud ring

May 13, 2024

The Inland Empire Automobile Insurance Task Force arrested 12 Southern California residents yesterday after an investigation found they allegedly conspired…

May 13, 2024
ChatGPT

Can ChatGPT pass procurement?

Artificial intelligence platforms often come with issues such as copyright infringement and inadequate security measures.

May 13, 2024
Image showing young adults looking at mobile devices. Financial-advisors-should-leverage-social-media-to-reach-younger-demographic,-expert-says.

Millennials, Gen Z twice as likely to get financial advice online, study finds

Financial professionals should leverage social media to connect with millennials and Gen Z, a new study finds.

May 13, 2024
Image shows the Allianz building with the words, New Product."
Allianz has a new accumulation-focused fixed-indexed annuity.

Allianz focuses on accumulation market with new FIA

Allianz Life Insurance Co. recently added to its annuity shelf with the new accumulation-focused product, Allianz Accumulation Advantage+.

May 10, 2024
Image of long-term care patient receiving care with Washington State logo superimposed. Wash-state-long-term-care-insurance-faces-ballot-question-threat.

Wash. state long-term care insurance faces ballot question threat

A unique long-term care insurance benefits plan in Washington state may be threatened by a November ballot question.

May 10, 2024
Photo of a medically gloved hand holding a syringe for an Ozempic injection. Insurers-urged-to-be-ready-for-Ozempic-craze-discuss-coverage-with-clients.

Insurers urged to be ready for Ozempic craze, discuss coverage with clients

With weight-loss drugs like Ozempic rising in popularity, insurers need to talk with their clients to determine coverage solutions.

May 10, 2024
Image of the Jackson FInancial logo over a background of financial charts and graphs. Jackson-earnings-q1-2024.

Jackson Financial reverses slide with big bounceback quarter

Jackson Financial Inc., a seller of retail annuities and institutional fixed income products, reported first-quarter earnings for 2024 of $784 million.

Americans value emotional intelligence from advisors

May 9, 2024

The majority of Americans (74.7%) agree that it’s important for advisors to demonstrate emotional intelligence both with their clients and themselves.

May 9, 2024

Bestow to sell its life insurance company to Sammons

Bestow Inc. announced Thursday it will sell its life insurance company to Sammons Financial Group.

May 9, 2024
Image includes the Athene logo and the words "Q1 Results."
Athene executives discussed its industry leading annuity sales.

Athene commits to FIAs and ‘custom indices’ as it dominates annuity sales

Athene executives said Thursday they are full-speed ahead on fixed-index annuities with custom indices. The private equity backed insurer is the leading annuity seller by far.

May 9, 2024

Key employees are as indispensable as moms

Key person insurance can protect a company when its most important employees die.

May 9, 2024
Image showing Brookfield logo against a background of a financial district. brookfield-q1-earnings-2024

Brookfield spotlights fee revenue growth in Q1

Despite relatively flat earnings, executives at Brookfield Asset Management touted growing fee revenue as evidence of a strong Q1.

May 8, 2024
Image shows the Brighthouse Financial logo
Brighthouse Financial executives discussed first-quarter results Wednesday.

Brighthouse touts ‘positive’ Q1 results, takes $366M reinsurance charge

Brighthouse Financial sought to assure investors Thursday with first quarter 2024 results showing sales growth, a strong balance sheet, successful new product introductions, and burgeoning assets.

May 8, 2024
Alliance seeks public release of some insurance data.

Alliance seeks public release of insurance data

An alliance of consumer and special interest organizations have petitioned insurance regulators for public release of some insurance data.

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