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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.

January 24, 2024
Image shows the Pittsburgh skyline with a woman in the background.
The Equal Employment Opportunity Commission is looking into sexual harassment allegations at a Pittsburgh agency.

EEOC takes on sexual harassment cases against Pittsburgh-based agency

The Equal Employment Opportunity Commission recently took the unusual step of reopening an investigation into sexual harassment claims against a top-selling Pittsburgh, Pa. insurance agency.

January 23, 2024
An image of people in business attire looking very worried, with the Department of Labor logo nearby. Independent-contractor-rule-proposal-draws-angst-confusion.

Independent contractor rule proposal spurring angst, confusion

The DOL’s independent contractor rule proposal has met with resistance, confusion, and continued legal action by labor organizations

January 23, 2024

The disadvantages of using AI in a direct-to-consumer model

How consumers and advisors could be hurt if insurance distribution uses artificial intelligence to move to a direct-to-consumer model in the wake of the Department of Labor’s proposed fiduciary rule.

January 23, 2024
Image shows the words "Strong Investment Earnings."
Life insurers are likely to post healthy earnings for the fourth quarter and full-year 2023.

Life insurers should deliver solid Q4 and full 2023 earnings, analyst says

Analysts anticipate life insurers, despite some minor red flags, will post strong fourth-quarter and full-year 2023 earnings in the coming weeks.

January 22, 2024
Image showing a mob scene with cars on fire and an unruly mob. Insurance-policies-adding-insurrection-riots-as-exclusions.

Insurance polices adding ‘insurrection,’ ‘riots’ as exclusions

A number of healthcare insurance companies have added “insurrection” and “riots” to their list of excluded benefit payments.

January 22, 2024

How AI could revolutionize direct-to-consumer insurance in the wake of DOL proposal

The pros and cons of how AI can reduce or even eliminate the need for licensed insurance agents, empowering distributions to embrace a direct-to-consumer approach and ushering in a new era of efficiency, cost-effectiveness and customer-centricity.

January 22, 2024
Image showing a line of people tethered together in front of the California state logo.
California is considering a best-interest annuity sales law.

California legislators again consider best-interest annuity sales bill

A California Assembly committee finally released a best-interest annuity sales bill favored by industry lobbyists this week, but not everyone is happy the bill is back on track.

January 19, 2024
Image shows the Oxford Economics logo.
A new study by the Financial Services Institute claims the DOL fiduciary rule proposal would cost a lot more to implement than expected.

Oxford Economics study: DOL fiduciary rule price tag is $2.7B in year one

A study commissioned by the Financial Services Institute finds that the Department of Labor fiduciary rule proposal would cost firms $2.7 billion to implement.

January 19, 2024

The impact of telematics on automotive insurance

Although it is tempting to incorporate modern technology into your services as quickly as possible, insurance software experts strongly recommend exploring the advantages and limitations of telematics first.

January 19, 2024
Image showing an older person walking into a dark tunnel. Few Americans take a holistic view of retirement planning, study finds.

Few Americans take a holistic view of retirement planning, study finds

Only a small percentage of retirees take a holistic retirement view and include activities such as pastimes in their plans, a study finds.

January 18, 2024
Image shows the word "settled" over the Robinhood logo.
Robinhood will pay $7.5 million to settle enforcement actions brought by Massachusetts regulators.

Robinhood agrees to $7.5M penalty to settle ‘gamification’ charges

Online brokerage Robinhood will pay a $7.5 million fine in a settlement with Massachusetts’ securities regulators, who say that it encouraged inexperienced investors to place risky trades.

January 18, 2024
Image of a woman surrounded by an alarm clock, with many different reminders, including post-it notes.

10 time-management tips for a productive 2024

We asked high-performing advisors for tips to help financial professionals manage their time, reduce stress, and increase efficiency in 2024.

January 18, 2024
Image shows a city scene and AI imagry.
New York regulators are taking steps to determine how insurers are using AI.

NY regulators focus on potential for AI discrimination by insurers

Citing concerns over “systemic biases” creeping into insurance, New York State regulators are taking the first steps toward regulating the use of artificial intelligence.

January 18, 2024
Image as seen looking through a car windshield going down a treacherous road with a sign reading "Caution, Rocky Road Ahead."

Rocky road for property and casualty insurance continues

It’s clear that all is not right with the property and casualty industry – and that it’s going to get worse before it gets better.

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