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October 27, 2023
Photo of a man in a business suit, smiling, and standing in the midst of a crowd of other business people watching him.

How to use your powers of persuasion to increase referrals

Persuasion is a skill that helps you present your ideas in such a way that someone wants to take action.

October 27, 2023
Couple dressed in wedding outfits hold hands with giant-sized $100 bills.

For younger generations, money trumps marriage for personal happiness

Many younger Americans believe that financial stability is a stronger determinant of personal happiness than the person they marry, a recent study finds.

October 26, 2023
Image includes the text "Annuity King Tax Charge Guilty Plea" over court imagry.
Phillip Wasserman is pleading guilty to nonpayment of taxes.

‘Annuity King’ pleads guilty to tax charge, confronts co-defendant in court

Phillip Roy Wasserman pleaded guilty to tax charges Monday and will avoid a second trial in his $6.3 million fraud case.

October 26, 2023
Person looking away at numerous objects that symbolize a healthy lifestyle and behavioral insurance, with the MassMutual logo superimposed.

MassMutual embraces behavioral insurance with new program

MassMutual is the latest life insurance company to embrace behavioral insurance to help improve the health and longevity of their policyholders and reduce premature death claims.

October 26, 2023

Future proofing insurance companies for the next shock

It may be the ideal time for insurers to revisit their enterprise risk management programs and investment strategy, to ensure they are prepared for the next shock.

October 26, 2023
Image of a skull superimposed in front of a bar graph showing increasing mortality claims.

‘Excess mortality’ continuing surge causes concerns

Life insurance executives and actuaries believe excess mortality rates are alarming and could continue to drag earnings for years to come.

October 25, 2023
Image shows the words "Annuity Sales Trends" in front of data imagry
Annuity sales soared again in Q3.

The surge continues – annuity sales up 11% in Q3, 21% for the year

Third-quarter annuity sales increased 11% year-over-year to $89.4 billion, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.

October 25, 2023
Image of staff people working, some on computers, with the PIABA logo overlapping the image.

PIABA continues effort to prevent erasure of consumer complaints

A campaign prevent widespread erasure of consumer complaints from regulator databases has made progress, but most are expunged on request.

October 24, 2023
Image of a robotic looking bull with symbols of artificial intelligence surrounding it.

Investors bullish on AI as a financial advisor tool

The majority of investors surveyed believe that artificial intelligence is a game changer and will enable them to better serve their clients.

October 24, 2023
Image of hundred dollar bills and a stethoscope against a background of the American flag.
Government Concept: Government Medical Costs With 100 Dollar Bills And Stethoscope Over American Flag

Health care spending, Medicare, workforce issues should get policymakers’ attention

Health care spending is unsustainable and policymakers must take action, a panel said this week.

October 24, 2023
Group of people in business attire running through the streets, in a panic. Caught in financial storm, P&C insurers turn to reorgs, layoffs.

Caught in financial storm, P&C insurers turn to reorg, layoffs

Some of the costliest periods of natural catastrophes, rising claims and persistent inflation, have led to huge losses for P&C insurers.

October 24, 2023

The life insurance gap: Where it exists, why it persists

Why there’s a life insurance gap among Black and Hispanic Americans, women and Generation Z – and how to overcome it.

October 23, 2023
Image of the California state flag in the background with the year 2025 superimposed, along with the symbols of the legislative process.

Calif. annuity legislation must pass by 2025 to avoid ‘dual regulation’

Legislation that would make California the 41st state to adopt best-interest annuity sales rules stalls amid pushback from consumer groups.

October 23, 2023
Illustration showing a person standing atop a house that is floating in water. Though risk increases, flood insurance purchases lag.

Though risk increases, flood insurance purchases lag

Among residents who live in a 100-year flood zone, only about one-third have purchased flood insurance, according to a recent study.

October 23, 2023
Image shows a courtroom setting with the Security Benefit logo in front
A lawsuit alleging harm from Security Benefit annuities will continue.

Security Benefit petition for judicial review of index annuity lawsuit denied

A federal appeals court last week denied Security Benefit’s request for a full court review of a lawsuit claiming the insurer misrepresented how much investors stood to gain on certain fixed annuities.

October 23, 2023

What has accelerated underwriting done for life insurers?

Accelerated underwriting can deliver a less intrusive experience for the consumer while maintaining a robust underwriting process

October 20, 2023
Illustration of a dejected person sitting on a downward pointing arrow, surrounded by dollar signs.

Many in US feeling financially defeated, survey finds

Faced with a wide range of financial challenges, many Americans are feeling financially defeated, with only one in 10 saying they are living their definition of financial freedom.

October 20, 2023
Image shows the Cigna logo over lawsuit imagry.
Cigna is being sued by plaintiffs who say the insurers use of software to assess claims resulted in improper denials.

Plaintiff drops out of lawsuit accusing Cigna of improperly rejecting claims

A lawsuit accusing Cigna of improperly rejecting medical claims was refiled this week — minus one of the two California plaintiffs.

October 20, 2023

Bringing DEI principles to tech leads to exceptional customer experience

A DEI-focused technology partner can maximize the value of your operational investment and ensure accessibility for all.

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