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April 15, 2024
Image of a female financial services professional at work. Women share their challenges in the financial services industry.

Women share their challenges in the financial services industry

As women make their way up the corporate ladder in the largely male-dominated financial services industry, many have faced obstacles.

April 15, 2024
Image of the Globe Life logo across a background of a $100 bill. Globe-Life-accused-of-rampant-fraud-by-short-seller.

Globe Life accused of rampant insurance fraud by short-seller report

Globe Life is reeling after a report Thursday accused brokers at subsidiary American Income Life of widespread insurance fraud.

April 12, 2024
Image of a man locked up behind bars. Iowa-advisor-accused-of-client-fraud-caught-by-the-FBI.

Iowa advisor schemed to defraud clients, making FBI Most Wanted list

An advisor wanted for allegedly ripping off clients for $1.5 million was captured by the FBI last week after a short time on the run.

April 12, 2024

Working backward to move forward: Debt management strategies

By Renee Hanson Tackling debt can feel like navigating a maze. For individuals burdened by high levels of debt, the…

April 12, 2024
Image shows men in shadows and the Empower logo.
Empower has reached a settlement with 13 breakaway advisors.

Empower reaches tentative deal with 13 ex-advisors it sued for poaching

Empower reached a settlement agreement with 13 advisors who left the firm to create a competing advisory business.

April 12, 2024

How insurance companies can speak their customers’ language

Language barriers make it difficult for people with limited English proficiency to file claims.

April 11, 2024
Image shows the Department of Labor logo and people shaded in the background.
The DOL is asking a court to vacate its controversial Retirement Security Rule.

OMB completes review of Labor Department’s polarizing fiduciary rule

The White House Office of Management and Budget announced that it has concluded a review of the Department of Labor’s controversial fiduciary rule.

April 11, 2024
Image shows an AI scene
Regulators are warning about artificial intelligence in finance.

7 states adopt AI rules; insurer compliance called ‘significant lift’

Seven states are on board with guidelines for use of artificial intelligence that insurers “are expected” to follow.

April 11, 2024

Strategic philanthropy: A look at charitable lead annuity trusts

The CLAT provides a structured framework to craft a narrative of purposeful philanthropy.

April 10, 2024
Image of smartphone sitting atop medical charts and equipment with the word "Equality" displayed. Regulators-urged-to-be-more-active-in-preventing-health-insurance-discrimination.

Regulators urged to be more active in preventing health insurance discrimination

Non-profit consumer organizations are urging state regulators to perform more due diligence in ensuring fair health insurance practices.

April 10, 2024
Image showing person planning retirement finances with a calculator, with the overlaying words: "Comfortable Retirement: $1.4M".

‘Magic number’ for a comfortable retirement surges to $1.46 million

The “magic number” for a comfortable retirement has reached an all-time high at $1.46M, rising more than 50% since the pandemic began.

April 9, 2024

Help women retire with confidence and dignity

Women face a multitude of obstacles that require a tailored approach to retirement planning.

April 9, 2024

NAIFA revises LUTCF program

The LUTCF designation has been relaunched to serve a new generation of industry professionals in a way that is relevant to them.

April 9, 2024
Image of city against a roiling ocean. Climate mitigation.

Regulators tout climate mitigation as key to calming insurance markets

State insurance regulators are taking the first steps on what will be long and difficult effort to mitigate climate impacts.

April 8, 2024
Illustration of the Capitol building with a pastiche of symbols of Americana, overlapped by the Medicare logo. Proposed-Medicare-Advantage-regulations-would-impact-broker,-FMO-compensation.

Proposed Medicare Advantage regulations would impact broker, FMO compensation

Medicare Advantage plans currently have the flexibility to pay agents varying rates depending on the plan in which the beneficiary enrolls. But those compensation rates would change for 2025 under proposed CMS rules.

April 8, 2024
NAIC logo surrounded by a group of people, representing the stakeholders in the long-term care discussion. California-consumer-group-asks-NAIC-to-take-lead-on-U.S.-long-term-care-financing-issue.

Calif. consumer group asks NAIC to lead on U.S. long-term care financing issue

A non-profit group is urging NAIC to bring states, regulators, industry and consumers together in discussing long-term care financing.

State Farm fined for failure to alert Oregon consumers of rights to a credit check

April 5, 2024

The Oregon Division of Financial Regulation fined State Farm $200,000 for failing to send notices over the past six years…

April 5, 2024
Image shows a group of several camera eyes.
A forthcoming report by the Department of Labor is expected to address pension risk transfer deals.

Industry fears impending DOL action will target pension transfer market

There is concern in the life insurance industry that a forthcoming Department of Labor report could target group annuity contracts by pension plans in pension risk transfer transactions.

April 5, 2024

Insuring the future: Why agility is key in a changing climate

The climate crisis is intensifying insurance risks, and carriers must adapt an agile approach to risk management.

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