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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.

May 8, 2024
Image of a retirement-aged couple checking the details of their retirement planning. Retirement 'fluency' linked to retirement confidence, study finds.

Retirement ‘fluency’ linked to retirement confidence, study finds

People’s confidence in their retirement plan is linked to their “retirement fluency,” which measures their retirement knowledge.

May 7, 2024
Illustration of a dark skull with the words "Excess Mortality" emblazoned across it. Excess-Mortality-The-new-normal.

Excess Mortality recedes, but remains above normal

While the materialization of “excess mortality” during the COVID-19 pandemic was not unexpected, it’s persistence has raised questions.

May 7, 2024
Image of $100 bills with the "Predictable Paychecks" logo. New-retirement-product-offers-security,-predictable-paycheck.

BlackRock, Equitable product offers retirement security, predictable ‘paycheck’

Equitable has announced LifePath Paycheck, a product with the goal of providing predictable security for retiring Americans.

May 7, 2024
Image shows the words "Greg Lindberg Back in Court."
Greg Lindberg is being tried a second time for allegedly trying to bribe the North Carolina insurance commissioner.

Greg Lindberg back on trial for alleged bribery of insurance commissioner

Troubled financier Greg Lindberg faces a second trial on high-profily bribery allegations starting Tuesday.

May 7, 2024
Members of the "Insurance Collaboration to Save Lives," a new non-profit organized to “seek answers, save lives, and mitigate loss.”

Video: The ‘excess mortality’ phenomenon: What does the future hold?

During the pandemic, mortality rates rose. When the pandemic wound down, mortality rates didn’t return to pre-pandemic levels. Why? We discussed this with a group of experts studying this “excess mortality.”

May 6, 2024
Image of the Department of Labor logo superimposed over a photo of a financial advisor office. What-will-the-DOL-rule-mean-for-advisors.

What will the DOL rule mean for advisors?

The main thing, an attorney said, is that almost everyone will become a fiduciary and must satisfy a prohibited transaction exemption.

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