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March 12, 2024
Image of a gold trophy with the words "Indexed Life" on it. Indexed-life-insurance-sales-break-records,-Wink-reports.

Indexed life sales break records in fourth quarter, Wink reports

Life insurance sales closed 2023 with a very strong fourth quarter, according to Wink’s Sales & Market Report.

March 12, 2024

Let’s help jumpstart educators’ financial strategies

Educators across the nation are focusing on the second half of the school year, and it’s a good time for financial professionals to find ways to help these educators build a sound retirement strategy.

March 12, 2024
Image shows the year 2023 in the background and the words "Annuity Sales Records" in front.
LIMRA reports another year of monster annuity sales.

Athene takes over as annuity sales leader with 72% growth in 2023

Athene Annuity and Life stormed to the top of the annuity sales charts with a 72% year-over-year growth in 2023 sales, LIMRA reported today.

March 12, 2024
Image shows an illustration reflecting cognitive bias.
Regulators are aware that cognitive bias can creep into insurance underwriting.

Underwriters must guard against bias and discrimination, speaker says

Data scientists know that artificial intelligence and predictive modeling leads to some biased underwriting. But more studies are needed to determine the full impact.

March 11, 2024
Illustration showing some suspicious figures ni the shadows against a background of financial documents and graphs, with the LIMRA and Spark Institute logos overlaying the image. LIMRA-SPARK-Institute-gear-up-to-launch-intensive-fraud-fighting-strategy.

LIMRA, SPARK Institute gear up to launch fraud-fighting strategy

With criminals seeking to plunder American retirement accounts, LIMRA and SPARK Institute are joining forces to address this rising threat.

March 11, 2024
Illustration of a business man surrounded by his personal "board of directors."

Building success with a ‘personal board of directors’

As they look for ways to advance their careers, a growing number of agents and financial advisors are using a ‘personal board of directors.’

March 9, 2024
Image shows the Department of Labor logo, the flag and the words, "Fiduciary Rule Update."
The Department of Labor has sent its fiduciary rule to the Office of Management and Budget.

Labor Department sends new fiduciary rule to OMB

The Department of Labor sent its new and controversial fiduciary rule to the Office of Management and Budget late Friday afternoon.

March 8, 2024
Image shows the NAIC logo
The NAIC will cooperate with the Federal Insurance Office on climate data collection.

NAIC regulators pushed by Feds into climate data collection, advocates say

The Treasury Department settled a long-running dispute with state insurance regulators over climate data collection, announcing Friday that they will partner to compile the data from insurers.

March 8, 2024
Illustration showing the profiles of President Joe Biden and former president Donald Trump. How-does-a-presidential-election-impact-investment-decisions-.

How might a presidential election impact investment decisions?

What impact might the choice of a president have on investment decisions? One way to view that question is through the lens of history. 

March 8, 2024
Image shows Greg Lindberg against a court background scene.
If Greg Lindberg forgoes an appeal, Bankers Life policyholders could get their money as early as this summer.

Greg Lindberg ponders appeal as policyholders await June funds release

Embattled entrepreneur Greg Lindberg is weighing options after a North Carolina Court of Appeals decision this week clears the way for his former insurance companies to be liquidated.

March 8, 2024
Young woman walking along the street holding her smartphone with graphic overlay showing all of the data sources insurers are using for underwriting her insurance. AI,-other-insurtech-advances-alter-underwriting,-but-spur-concerns.

AI, novel data sources move underwriting into the 21st century

With the advent of AI, insurance carriers are tapping novel data sources like social media, GPS records, and smart devices for underwriting.

March 7, 2024
Illustration of an AI-looking robot driving a car. How-is-P&C-insurance-benefitting-from-generative-AI.

How is P&C insurance benefitting from generative AI?

The possibilities appear to be endless for using generative AI in the property and casualty insurance industry. We asked an expert to bring us up to date.

March 7, 2024

#FinanceTok: Leveraging social media challenges for financial education

#FinanceTok is a burgeoning movement where users share, learn and engage with financial education through short, impactful videos.

March 7, 2024
Image shows the word "Medigap" and money
Consumer advocates say Medigap and Medicare Advantage policies could be better regulated by states.

Medigap rules vary to the ‘extreme’ from state to state, advocates say

Access to an often much-needed Medigap policy varies greatly by state for those under age 65, while Medicare Advantage plans are often bad choices for those over 65.

March 7, 2024
Image of an older couple sitting on a bench with thought bubbles pictures themselves on a beach somewhere, with the caption "This could be better," referring to their retirement, retirement planning and retirement spending. IncomePath-Helping-clients-reimagine-retirement-spending.

IncomePath: Helping clients reimagine retirement spending

Two retirement industry thought leaders believe the industry’s “failure” approach to retirement planning is faulty, so they conducted their own research and created a tool to help consumers make the best choice for a successful retirement.

March 6, 2024
Image shows the words, "Record Annuity Sales."
Wink reports record Q4 annuity sales.

Annuity sales set more records in Q4, break $100B, Wink reports

Total fourth quarter sales of deferred annuities were $105.4 billion, Wink, Inc. reports, up 32.9% when compared to the same period last year.

March 6, 2024
Illustration showing a retirement test with the Social Security seal and a grade of "F" for fail. Nearly-80%-of-near-retirees-failed-or-barely-passed-basic-Social-Security-quiz.

Nearly 80% of near retirees fail or barely pass Social Security basics quiz

Nearly 8 out of 10 (78%) of near retirees failed or barely passed the latest Social Security retirement benefits quiz from MassMutual.

March 6, 2024

Insurers look to AI in the face of unprecedented challenges

The triple threat of increased claims severity and frequency, inflation and labor shortages continue to challenge insurers.

March 5, 2024
Image shows Greg Lindberg and the North Carolina flag.
An appeals court ruled the liquidation of insurers once owned by Greg Lindberg can continue.

NC appeals court deals another blow to Greg Lindberg’s crippled empire

A North Carolina appeals court partially reversed a lower-court ruling today and affirmed liquidation proceedings against insurers once owned by embattled investor Greg Lindberg.

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