Employers now have specific requirements to publicly disclose information about their health plans. Some fear employers can open themselves up to class-action lawsuits brought about by employee plan participants for failing to adequately monitor health plan administrators and the reasonableness of health plan fees.
The Financial Services Institute says the SEC is leaning too far into regulation by enforcement.
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.
NCOIL is considering a model law to cover dental medical loss ratio.
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.
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.
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.
Black women continue to experience discrimination and disparity in employment and earnings, putting up barriers to their ability to attain a secure retirement.
Pacific Life's motion to dismiss a lawsuit over its IUL policy was denied by a court this week.
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.