Trade groups: keep life insurance out of Mass. proposal banning ‘junk fees’
The Massachusetts AG is proposing regulations to prohibit hidden “junk fees,” but trade associations say life insurance and annuities need to be exempted.
The Massachusetts AG is proposing regulations to prohibit hidden “junk fees,” but trade associations say life insurance and annuities need to be exempted.
Help your clients skate through the holiday season by avoiding common homeowners’ hazards that can steal Christmas faster than the Grinch.
A state appellate court sided with two insurers Tuesday, ruling that they are not responsible for part of a $19 million settlement in a biometric privacy case.
As investors become inundated with financial advice on social media, misguided advice from unqualified sources has become more prevalent.
It’s disturbing that insurance regulators have done little to tackle the threats posed by climate risks and the potential consequences for policyholders when insurers can no longer protect them in the event of property damage or destruction.
Americans are feeling experienced with investing, and millennials are emerging as the generation most comfortable with market volatility,
Failing to distinguish the difference between probate and non-probate assets could lead to unintended and costly consequences not only for the person who owns the asset, but also for life insurers that serve as custodians of the assets.
Ebix, Inc. announced today that it has reached a “stalking horse” agreement to sell its North American life and annuity assets to Zinnia for $400 million, part of a bankruptcy reorganization plan.
The American Academy of Actuaries continues to work toward advancing diversity, equity and inclusion in the actuarial profession, and one of the organization’s board members gave a rundown of its recent DEI activities.
Social Security overpayments have been in the news recently. What advisors and beneficiaries need to know.
Here are critical steps and considerations for agencies and broker-dealers looking to develop a successful life insurance settlement business line.
Senior underwriters are convinced emerging technology innovations will transform their business, but worry about how they will be affected.
A federal judge refused to toss out annuity fraud charges filed by the Securities and Exchange Commission against a Massachusetts financial advisor.
By Danny Smith Being an advisor means most of your day is spent listening to others. These conversations are more…
Advisors are adopting AI rapidly, with 8 out of 10 advisors surveyed by MDRT saying they use it for at least one professional purpose.
Now that the Department of Labor’s two-day public hearing is over, Jan. 2 is the next big date for its controversial fiduciary rule proposal.
As you consider how you will invest in new digital solutions and technology in the new year, I suggest looking at these areas to help identify how you can continue to innovate in this disruptive market.
Despite mixed results in the third quarter, new annualized premium for workplace life insurance, disability insurance and supplemental health products remain ahead of 2022’s pace through the first nine months of 2023, according to LIMRA’s workplace benefits sales surveys.
Insured losses from severe storms in the U.S. for the first time surpassed $50 billion through the end of Q3.