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January 17, 2024
Image showing three generations of an African-American family.

Helping African American families create generational wealth with life insurance

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.

January 17, 2024
Image shows the words, "NAIC annuity sales rules" against a map of the U.S.
Forty-one states have adopted NAIC best-interest annuity sales rules.

Lobbyists race to make best interest a blanket standard in final few states

Forty-one states operate under new best-interest annuity sales standards based off a model put forth by the National Association of Insurance Commissioners.

January 17, 2024

Helping clients embrace semi-retirement

Semi-retirement is the latest trend among older Americans who aren’t quite ready to leave the workforce for good.

January 16, 2024
Image of the ERISA act with "50 Years" superimposed.

Committee lists policy priorities as ERISA marks 50 years

At the top of the list is implementing transparency, accountability and affordability in health care markets. 

January 16, 2024
Magnifying glass showing a close up view of person in a business suit looking out over a financial district. Need-for-financial-advice-drives-more-secondary-accounts-to-wealth-management-firms.

Need for financial advice drives more secondary accounts to wealth management firms

In their search for financial advice, more Americans are shifting deposits from traditional banks to financial firms.

January 16, 2024

Supplemental spousal liability coverage: A choice for New Yorkers to make

Supplemental spousal liability coverage is now required for auto insurance policyholders in New York State, unless they opt out.

January 15, 2024
The image shows Phillip Wasserman and a picture of a crown. 'Annuity King' begins defense after judge denies acquittal motion.
Sentencing for Phillip Roy Wasserman was continued until Jan. 31.

After 8-hour hearing, ‘Annuity King’ sentencing continued to Jan. 31

Sentencing for Phillip Roy Wasserman, the self-styled “Annuity King,” was continued Friday after nearly eight hours.

January 15, 2024

Unleashing your creative strength: A guide to sales presentation confidence

Learn how to embrace your uniqueness to transform your sales presentations.

January 15, 2024
Image shows a car under an umbrella.
Fitch Ratings showed some optimism in its 2024 credit outlook for personal auto and life insurance.

Fitch P/C credit outlook neutral, life insurance outlook improving for 2024

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.

January 12, 2024

MDRT advisors share 2024 advice

As we enter a new calendar year, it is time to reflect on past accomplishments and look forward to what can be achieved in the next 12 months.

January 12, 2024

The evolution of the life/annuity agent experience

Technology won’t replace the personal touch; it will improve and augment it.

January 12, 2024
Image shows the word "Fiduciary" over a medical scene.
New federal regulations add fiduciary obligations for employers.

Federal mandates bring big lawsuit worries for health plan administrators

The Consolidated Appropriations Act of 2021 is imposing new disclosure requirements on health plan providers and the potential for big liability.

January 11, 2024
Image of a mobile phone showing the CMS.gov website's "About CMS" page, with the CMS logo in the background.

CMS proposal would make several changes to ACA health plans

Including adult dental care as an essential health benefit and improving access to prescription drugs are among the proposed changes.

January 11, 2024
Image of a woman filling out a life insurance application.

Life insurance applications up 3% in 2023; first rise in nearly 4 years

Application activity for U.S. life insurance grew at a near 3% rate in 2023, showing the first uptick in almost four years.

January 11, 2024

Commentary: IRS must preserve microcaptive 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.

January 11, 2024
Image shows the Department of Labor logo in a House committee chair.
House lawmakers questioned a panel today on the Department of Labor fiduciary rule proposal.

DOL on a ‘crusade to ban commissions’ with fiduciary rule, speaker claims

Critics, and a few supporters, of the Department of Labor fiduciary rule proposal aired their complaints Wednesday at a House Capital Markets Subcommittee hearing.

January 10, 2024
image of a pencil erasing the words "independent contractor" on a sheet of paper with the DOLseal on the page

New DOL rule could undermine financial advisors’ independent contractor status

The DOL’s new rule to determine if a worker is an employee or independent contractor could undermine advisor’s independent contractor status.

January 10, 2024
Image includes the words "Annuity King Sentencing."
Phillip Roy Wasserman is scheduled to be sentenced Friday on fraud charges.

‘Annuity King’ Wasserman seeks new trial as sentencing date draws near

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.

January 10, 2024

Helping clients discover their executor

How to help clients evaluate suitable candidates and select the best executor.

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