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November 6, 2023
Image shows a picture of the Department of Labor building with the words, "DOL Rule Now Accepting Comments."
The DOL will accept comments on its new fiduciary rule until January 2.

Labor Department sets comment schedule for new fiduciary proposal

The Department of Labor is accepting comments on its new fiduciary proposal through Jan. 2, 2024 and plans a public hearing soon.

November 6, 2023
Illustration of a man selecting an electronic happy-face button.

Digital-friendly life, annuity providers lead in satisfaction study

Life insurance and annuity providers using digital technology to interact with customers are receiving higher survey satisfaction scores.

November 6, 2023
Image of tire being replaced in a auto service bay, with three thumbs up icon superimposed over the image.

Despite delays in auto repair cycle, customer satisfaction improves

Long repair-shop backlogs and lingering parts shortages seem not to have adversely affected customer satisfaction, according to a study.

November 3, 2023

Many Americans at crossroads with financial priorities, survey finds

Concerns about the economy, fear of recession, and high levels of debt are causing many Americans to make difficult choices.

November 3, 2023
Prudential logo superimposed over an illustration of swirling financial graphs.

Prudential beats the street, despite Q3 loss of $802M

Prudential Financial handily beat the street with better than expected third quarter earnings, despite $802M loss.

Despite income drop, Corebridge sees Q3 numbers as success

November 3, 2023

Despite a 13% drop in net income compared to last year’s third quarter, executives at Corebridge Financial Inc., said Friday…

November 3, 2023
A wad of money bouncing like a ball with the Allstate logo superimposed.

Allstate earnings rebound thanks to property-liability premium hike

Allstate Corp. rebounded from a challenging second quarter to post a profit that beat Wall Street expectations.

November 3, 2023
Lincoln Financial Group logo superimposed over a highway vista.

Lincoln falls short in Q3, but sees ‘path to recovery’

Lincoln National Corp. conceded Thursday that the company’s Q3 financial results fell short, but said it’s making progress toward “recovery.”

November 2, 2023
Lemonade Inc.'s logo superimposed a fever graph.

Not profitable yet, but Lemonade beats expectations in Q3 earnings

Insurtech disruptor Lemonade Inc., set Wall Street buzzing Thursday when it unveiled better than expected third quarter financial results.

November 2, 2023
Image shows a building with the AIG logo in front
AIG posted a strong third quarter based in part on strong annuity sales.

AIG rides strong annuity sales to another positive quarter

AIG again posted strong profits in the third quarter, driven by growth at its general insurance and life and retirement units.

November 2, 2023
Words "P&C", Q2 net income plummets" superimposed over a scene of storm devastation.

P&C industry pummeled in Q2; net income plummets

Underwriting losses from rising costs, extreme weather events, and other factors, pummeled the property casualty industry in Q2.

November 2, 2023
life insurance

Q3 individual life insurance premium tops $3.7B, up 5%

With a majority of carriers reporting higher results in the third quarter, total individual life insurance new annualized premium increased 5% to $3.7 billion year-over-year, according to the preliminary results from LIMRA’s U.S. Retail Individual Life Insurance Sales surveys and estimates.

November 2, 2023
Equitable Holding logo superimposed over financial charts and graphs.

Retirement, wealth businesses help offset Equitable’s Q3 challenges

Success in Equitable Holdings Inc.’s retirement and wealth management businesses helped offset Q3 challenges in asset management.

November 1, 2023
Apollo Management logo superimposed over an upward trending bar graph.

Apollo Global reports record Q3 earnings, riding high interest rates

Investment management giant Apollo Global Management reported record earnings for the third quarter, driven by rising interest rates and fees.

November 1, 2023
Image of $100 bills with blocks spelling out "FED" and up and down arrows superimposed.

Fed decides to stand pat on rates, as market does its work

Federal Reserve policymakers decided to “hold ‘em” and let the treasurer and bond markets take care of quashing inflation.

November 1, 2023
Image with a collection of symbols related to Medicaid, including an American flag,

Redetermination challenges spur Medicaid coverage losses in Montana

Thousands of Montanans may have lost public health insurance due to a difficult Medicaid redetermination procedure.

November 1, 2023
Image shows a picture of Joe Biden with the banner words "DOL Rule Released" across the front.
The Department of Labor has released the text of its long-awaited new fiduciary rule.

Rollovers, exemption 84-24 among areas targeted in new fiduciary rule

The Department of Labor unveiled nearly 500 pages worth of new fiduciary rulemaking today and, at first glance, industry trade…

November 1, 2023

Helping consumers understand long-term care insurance

Linked benefit or hybrid life policies can be valuable tools in helping clients prepare for future long-term care needs.

November 1, 2023

Robo-advisors find their niche

The robo-advisory market continues to grow, but traditional advisors haven’t been left out in the cold.

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