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January 9, 2024
Person working on an electronic device in the middle of a sea of other electronic devices.

5 key takeaways to avoid off-channel communications penalties in 2024

With regulators expected to continue cracking down on off-channel communication in 2024, these five key steps will help avoid penalties.

January 9, 2024
Image shows the Department of Labor logo.
A House committee will hold a hearing Wednesday on the controversial DOL fiduciary rule proposal.

DOL fiduciary rule critic to lead House committee hearing on proposal

The House Capital Markets Subcommittee will hold a hearing at 10 a.m. Wednesday on “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access.”

January 9, 2024
Image shows the words "Private Equity."
Are private equity firms acting recklessly with policyholder funds? Some advocates think so.

Private equity stake in life insurers draws new round of critical reports

Private equity firms continue to stalk insurance company takeovers and critics say the potential for a financial disaster grows along with that trend.

January 8, 2024
An unhappy older person is surrounded by paperwork, computers and financial statements.

Despite perceived benefits, most Americans aren’t working with a financial professional

Although many Americans surveyed believe that working with a financial professional would benefit them, most are not doing so.

January 8, 2024
Image of a figure in business attire and carrying a suitcase walking up stairs toward 2024.

Where is the economy headed in 2024?

Where is the nation’s economy headed in 2024? What impact will interest rates, the election, and the job market have?

January 5, 2024

Discussing efficient market hypothesis theory and arbitrage as an anomaly

The efficient market hypothesis theory states that the market prices securities fairly and efficiently, and investors are unable to outperform the market consistently.

January 5, 2024
Person walking with a dollar symbol in his hand, with a large padlock superimposed over the image.

Overconfidence exposes many Americans to financial scams

Although 90% of adults are confident in their ability to detect financial scams, more than a quarter reported falling victim at some point.

January 4, 2024
Image shows a montage of Wells Fargo logos.
Wells Fargo lost a bid to apply New York laws to a lawsuit over a Stranger-Originated Life Insurance policy.

Judge rejects Wells Fargo motion to toss STOLI lawsuit

A federal lawsuit over what plaintiffs are calling a stranger-originated life insurance (STOLI) policy will continue after a judge denied Wells Fargo’s motion to apply New York law to the case.

January 4, 2024

Calif. insurers continue tactics to slow new policies, stem losses

California auto insurers are engaging in a host of tactics to discourage customer access to insurance in a strategy to stem losses.

January 4, 2024

Personalization, personality and proactivity: 10 insurance customer engagement trends for 2024

If there was a common thread for the insurance sector in 2023, it was “customer experience matters more than ever.”

January 3, 2024
What's happening with Medicare in 2024?

New Medicare Advantage guidance, emphasis on health equity on the horizon for 2024

New guidance for Medicare Advantage plans and an increased emphasis on social determinants of health are among the issues that health care providers and Medicare beneficiaries can expect to see in 2024.

January 3, 2024
The image shows the Department of Labor building and the words, "DOL Rule Comment Period Ends."
The DOL comment period on its controversial fiduciary rule ended Tuesday.

Deadline passes with over 19k comments on DOL fiduciary rule proposal

The Department of Labor wrapped up a relatively quick comment period Tuesday on its controversial fiduciary rule. Critics called on the DOL to withdraw the rule.

January 3, 2024

Bridging the wealth gap with female clients

Female clients control one-third of the wealth in the U.S., but are underserved by the financial industry.

January 3, 2024
Image shows the word "Veto"
New York Gov. Kathleen Hochul vetoed legislation that would have allowed survivors to collect damages for emotional suffering.

NY Gov. Hochul vetoes ‘wrongful death’ legislation opposed by insurers

New York Gov. Kathy Hochul again vetoed legislation that would permit families of “wrongful death” victims to receive additional compensation for emotional suffering.

January 2, 2024
Image shows people playing tug of war with the words "Life Illustration Rules" highlighted.
IUL illustrations are rarely turning out accurate, one longtime industry expert says. (This image was created with AI)

Regulators lukewarm on illustrations rewrite in 2024

State insurance regulators are not interested in another contentious illustrations redo, but consumer advocates say Americans deserve one.

January 2, 2024

The question of self-insurance: Helping clients navigate the risks

Self-insurance presents an alternative, but it’s not without its risks and considerations.

January 2, 2024
Comic-book like text image of the words "Insurtech HYPE."

Did insurtech live up to the hype in 2023?

The hype died, the venture capital money dried up, and 2023 might have been the year the insurtech business came face to face with reality.

January 1, 2024
Champagne glasses against a festive backdrop decorated with cash and bills.

Most Americans considering a financial resolution for 2024

Faced with stress over personal finances, most Americans surveyed say they are planning New Year’s resolutions to conquer their financial goals.

January 1, 2024

Here we go again! DOL proposes new fiduciary rule

The Department of Labor is trying for the fourth time to extend fiduciary duty to virtually all annuity sellers. Industry critics are spoiling for a fight. So what’s in this rule?

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