African American families own life insurance but not enough of that to create generational wealth. A group of panelists shared their thoughts on how to reverse this.
Forty-one states have adopted NAIC best-interest annuity sales rules.
Forty-one states operate under new best-interest annuity sales standards based off a model put forth by the National Association of Insurance Commissioners.
Fitch Ratings’ analysts came up with a largely “meh” prediction when it comes to its overall 2024 credit outlook for property/casualty insurance. However, the ratings agency showed some optimism in its 2024 credit outlook for personal auto and life insurance.
The IRS has displayed a troubling pattern of subjecting microcaptive owners to audits and legal uncertainties while refraining from fully prosecuting cases and taking them to tax court.
House lawmakers questioned a panel today on the Department of Labor fiduciary rule proposal.
Critics, and a few supporters, of the Department of Labor fiduciary rule proposal aired their complaints Wednesday at a House Capital Markets Subcommittee hearing.
Phillip Roy Wasserman is scheduled to be sentenced Friday in his $6.3 million fraud case and Judge Charlene Edwards Honeywell appears determined to avoid any further delays.