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February 13, 2024
Image shows the Brighthouse Financial logo.
Brighthouse Financial executives touted its disciplined financial plan during a call with analysts.

Brighthouse reports strong product news to offset poor Q4 results

Brighthouse Financial executives reported strong product developments and solid sales today, but the insurer’s Q4 financial numbers were not as rosy.

February 13, 2024
Image of the state flag of Ohio with a pyramid in the foreground. Ponzi-scheme-losses-to-Ohio-bank-are-insurable-court-rules.

Ponzi scheme losses to Ohio bank are insurable, court rules

Court rejects AIG’s claim that a bank’s losses from a Ponzi scheme run by one of its customers were not insurable.

February 13, 2024
Image of a giant "2024" against a background of financial graphs and charts. Insurance-outlook-for-2024-is-positive-despite-uncertain-environment.

Insurance outlook for 2024 is positive, despite uncertain environment

The insurance outlook for 2024 is generally positive despite being challenged by catastrophes, inflation and mortality rates.

February 13, 2024
Image of an older couple dressed in inexpensive clothing and shopping in the bargain sales section of a clothing store. The-Decumulation-Paradox--Understanding-why-retirees-underspend.

The Decumulation Paradox: Why many retirees underspend

Despite saving for their golden years, many retirees – even affluent ones – tend to underspend. This is termed the “decumulation paradox.”

February 12, 2024
Image of person in medical garb surrounded by technical symbols and imagery. CMS--Medicare-Advantage-insurers-can't-use-algorithms-to-deny-care.

CMS: MA insurers can’t use algorithms to deny care

The Centers for Medicare and Medicaid Services sent a memo to all Medicare Advantage carriers recently, clarifying that MA insurers are not allowed to use algorithms or artificial intelligence-powered tools as basis for denying care or coverage.

February 12, 2024
Image of a group of Gen Z'ers looking stern, with a banner behind them readings "Gen Z demand benefits." Gen-Z-setting-the-tone-for-a-new-standard-of-benefits-engagement.

Gen Z setting the tone for a new standard of benefits engagement

Gen Z employees are more likely to expect a tailored, year-round benefits experience than other employees, according to a recent study.

February 12, 2024
financial advisors

Financial advisors must navigate ethics and tax implications in planning

Financial advisors must incorporate tax professional guidance in comprehensive financial planning.

February 12, 2024
Illustration of a young person in business attire looking dazed and at a loss as financial documents, and electronic devices swirl around him. As-retirement-exodus-looms-rookie-advisor-failure-rate-at-72%-study-finds.

As retirement exodus looms, rookie advisor failure rate at 72%, study finds

As 109,093 advisors plan to retire, the rookie-failure rate hovers around 72%, according to “The Cerulli Report—U.S. Advisor Metrics 2023.”

February 9, 2024
Image of upward trending financial graphs, with a giant "$1.5B." Allstate-reports-Q4-net-income-of-$1.5.

Allstate has strong Q4, reports net income of $1.5B

Allstate reported 2023 Q4 adjusted net income in the of $1.5 billion on revenues of $14.8 billion, up 8.7% from the same period in 2022.

February 9, 2024

How financial advisors can approach the Walmart manager niche

Walmart announced it is raising its managers’ pay significantly. Maybe those managers need financial advice?

February 9, 2024
Image shows the Apollo Global Management logo
Apollo Global Management reports soaring profits in the fourth quarter.

Athene dominates annuity sales, but Apollo execs have even bigger plans

Apollo Global Management executives talked about the potential for a lot more from Athene today during a conference call with Wall Street Analysts on Apollo’s successful fourth-quarter earnings report.

February 8, 2024
Image of downward trending financial graph, with $1.2B label and Lincoln Financial Group logo. Lincoln-Financial-sees-Q4-loss-of-$1.2B.

Lincoln Financial sees Q4 net loss of $1.2B

Lincoln Financial Group reported a net Q4 loss of $1.2 billion and a loss of $835 million for the full year of 2023.

February 8, 2024
Equitable Holdings logo against a backdrop of financial graphs showing mixed results. Equitable-Holdings-cite-momentum,-resilience-in-face-of-economic-headwinds.

Equitable Holdings cites momentum, resilience in face of economic headwinds

Equitable Holdings, Inc. cited resilience in the face of strong headwinds, and steady growth in its 2023 Q4 and full-year financial results. 

February 8, 2024
Prudential logo against a backdrop showing $2.4B with large financial graphs.

Prudential reports turnaround, $2.48B net income for 2023

Prudential Financial Inc. Wednesday announced a significant turnaround in 2023, with net income reaching $2.48 billion,

February 8, 2024

How employers and TPAs can ease the rising cost of specialty drugs with medical rebates

As the Food and Drug Administration’s approval pipeline becomes increasingly populated by specialty drugs, it’s critical for all employers to explore medical rebate opportunities, where they can, to mitigate costs. 

February 7, 2024
Image shows the Brookfield logo
Brookfield reported strong cash on hand following Q4.

Brookfield touts future ability to reel in $15-$20B annually from insurance

Brookfield Asset Management executives are making big plans for the insurance assets it will control when its acquisition of American Equity closes soon.

February 7, 2024

AI: 4 trends for insurers in 2024

As artificial intelligence adoption continues to surge, 2024 is poised to see significant strategic shifts in how insurance companies leverage this technology.

February 7, 2024
Image shows stop signs in front of the SEC building.
A proposed SEC rule on technology would stifle innovation, a pair of senators say.

Senate bill would block SEC rule to regulate technology in financial services

A pair of Republican senators say a proposed rule to better regulate the use of artificial intelligence in financial services will end up stifling innovation instead.

February 6, 2024
Image shows the KKR logo
KKR reported a 4% rise in Q4 earnings.

KKR fuels up with Q4 cash off big Global Atlantic annuity sales

KKR reported big fourth quarter earnings, thanks in large part to its insurance holding, Global Atlantic.

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