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January 30, 2024
Image showing the Capitol building against a sky full of drifting bills, with the legend "Tax Reform Bill" superimposed. Congress-could-take-up-tax-reform-bill-soon.

Future of bipartisan tax bill in doubt

A bipartisan tax package had been expected to move through the House of Representatives this week, but some Republican congressmen are threatening to derail the measure over their concerns about the bill.

January 30, 2024
The image shows a dental chair.
NCOIL is considering a model law to cover dental medical loss ratio.

NCOIL panel adopts compromise MLR model for dental plans

A panel of state insurance legislators passed its own version of a medical-loss ratio for dental plans Friday, dubbed “Colorado-plus” by Del. Steve Westfall, R-W.V.

January 30, 2024

How insurers will serve personalized solutions across generations

Life insurers must take note of changing demographics by offering new solutions for new generations.

January 30, 2024
Illustration of an older woman looking worried, surrounded by the word "buy." Study-examines-hesitancy-around-buying-an-annuity.

Study examines hesitancy around buying an annuity

Study asks: If buying annuities is a good option for many retirees, why aren’t more people purchasing them?

January 29, 2024

2024 will be a historic election year around the world

Elections will take place in 50 countries this year as 4 billion people choose new leaders.

January 29, 2024

4 retirement fund withdrawal strategies for your clients to consider

Morningstar’s 2023 research suggests that 4.0% is the highest safe starting withdrawal rate for retirees spending from an investment portfolio, assuming a 90% probability of having funds remaining at the end of an assumed 30-year retirement period.

January 29, 2024
Image showing a young girl and and old man saving pennies into jars. Differing-generational-retirement-expectations-spur-personalized-strategies.

Differing generational retirement expectations spur personalized strategies

Differing generational expectations about when to retire are placing an increased focus on personalized investment strategies.

January 29, 2024
Image shows the year "2024" with a man's face in the background.
Annuity sales are hot, but regulation challenges loom.

DOL fiduciary rule would bring ‘massive change’ to industry, analyst says

While the Department of Labor fiduciary rule proposal might be a long ways from becoming settled law, it brings the potential for “massive” change to the industry, an labor lawyer said Thursday.

January 26, 2024
Image overlooking a large financial district with a rising graph, and the legend "Economic Outlook" with a thumbs up icon. Improving-indicators-raise-expectations-for-economic-outlook.

Improving indicators raise expectations for economic outlook

The economy outfoxed economists once again, with better than expected results possibly extinguishing the notion of an impending recession.

January 26, 2024
Image showing a group of Black women against a backdrop on cash. Solving-economic-insecurity-by-focusing-on-Black-women.

Solving economic insecurity by focusing on Black women

Black women continue to experience discrimination and disparity in employment and earnings, putting up barriers to their ability to attain a secure retirement.

January 26, 2024
Image shows the Pacific Life logo over a courtroom scene.
Pacific Life's motion to dismiss a lawsuit over its IUL policy was denied by a court this week.

Judge denies PacLife motion to dismiss lawsuit over IUL illustration

A judge denied a motion Wednesday by Pacific Life to dismiss a lawsuit brought by a Washington couple dissatisfied with a PDX indexed universal life policy.

January 25, 2024
SECURE

SECURE Act moving retirement readiness needle slowly

The SECURE Act is moving the needle forward on retirement security, but slowly and mainly for younger workers.

January 25, 2024
Image of The Hartford logo looming over a scene of Calif. homes that are flooded. The-Hartford-to-withdraw-from-Calif.-homeowners-insurance-market.

The Hartford to withdraw from Calif. homeowners insurance market

The Hartford announced it will cease writing new Calif. homeowners insurance policies starting next month.

January 25, 2024
Image showing a waiting room full of young adults with an electronic sign in the background that says "Now retiring: 61."

Emerging adult clients want to retire at 61, though they haven’t started planning for retirement yet

Emerging adult clients (ages 18-34) want to retire at 61, though many haven’t started planning for retirement yet.

January 25, 2024
Image showing people from all around the world all holding thought bubbles. MDRT-takes-a-global-look-at-public-opinion-on-a-variety-of-financial-issues.

MDRT takes a global look at public opinion on a variety of financial issues

To help its members improve their client-service abilities, MDRT recently coordinated a series of public opinion surveys globally.

January 25, 2024
A image of 5 people with a large red arrow pointing to one. 1-in-5-Americans-who-plan-to-pass-down-debt-are-uninsured.

Survey: 1 in 5 Americans who plan to pass down debt are uninsured

More than 20% of American adults who plan to leave unpaid debt behind for their loved ones to inherit do not have life insurance coverage, according to a new survey from Policygenius.

ACA enrollment hits record high of 21.3M

January 24, 2024

About 15% of enrollees were those who are transitioning out of Medicaid or Children’s Health Insurance Program coverage.

January 24, 2024
Image shows the LIMRA logo.
Annuity sales soared to another record in 2023.

LIMRA: Annuity sales post another record year in 2023

For the second consecutive year, rising interest rates pushed annuity sales to another all-time record high, according to preliminary results from LIMRA.

January 24, 2024

From Medicare to flood coverage – What the 2024 elections could mean for insurance

Insurance issues are on the line as federal and state lawmakers are on the ballot in 2024.

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