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October 19, 2023
Image shows a billboard calling out Brookfield.
A billboard in Des Moines, Iowa calls attention to Brookfield's interest in insurance companies.

Unite Here sends message to Iowa regulators with Brookfield billboard

A union opposed to a Brookfield Asset Management Reinsurance deal to acquire an Iowa insurer is trying an old-fashioned method to get regulators’ attention: billboard advertising.

October 19, 2023

Is a life insurance policy like the family minivan?

Life insurance sometimes doesn’t keep up with a policyholder’s needs as their family grows up and costs increase.

October 18, 2023
Image shows a man hugging a sign with "annuities" printed on it.
Annuity use is growing as advisors learn more about the products.

DPL survey: advisors can grow revenue, improve client plans with annuities

There are plenty of good annuity products that make sense inside responsible, holistic financial plans, said David Blanchett, adjunct professor of wealth management at The American College of Financial Services.

October 18, 2023
Image with the words insurance fraud stamped all over it, with the words "Fraud and Discrimination" superimposed.

Insurance industry finds links between fraud and insurer discrimination

Insurance companies and regulators could reverse rising fraud by engaging underserved communities and supporting insurance literacy efforts, a panel of experts said last week.

October 18, 2023

Captive insurance: How Congress can help fix high property insurance costs

The IRS disfavors small captive insurance companies but Congress could fix this issue.

October 17, 2023
Image of Congress with images of prescription pills in the background.

Some health care legislation could pass Congress despite leadership turmoil

Health care legislation could pass Congress despite the leadership turmoil in the House and the need to adopt another funding bill soon.

October 17, 2023

Why employer-sponsored health insurance could disappear in the next 20 years

Employer-sponsored health insurance needs a rethink, as escalating costs eat up benefits budgets.

October 17, 2023
Image shows regular Americans behind the words, "Life Insurance Buyers Diverted."
Older Americans are not purchasing life insurance in the same numbers as in the past.

Life insurance application activity in sharp decline among 50+ ages

The latest life insurance application data shows a sharp decline among a demographic that should be a reliable source of sales: Americans ages 50+.

October 16, 2023
Image of a well-to-do older couple, smiling while taking a walk in the woods.

Helping high net worth clients create their retirement purpose plan

Retirement planning can be stressful and even unhappy for high net worth clients who need to find their purpose in their post-working years.

October 16, 2023
The image shows the words "Pension Risk Transfers Hot" amid flames.
Pension risk transfer deals has the attention of regulators.

DOL working on pension risk transfer rule review amid hot market

While pension risk transfer (PRT) deals continue to break records, federal regulators are nearing a deadline for review and recommendations of the important Interpretative Bulletin 95-1.

October 16, 2023

Long-term mortality trends: Challenges for life insurers

After years of mortality improvements, a slowing of life expectancy gains resulting from the COVID-19 pandemic has triggered uncertainty for life insurers and annuity providers.

October 13, 2023
Image of striking workers with the Kaiser logo superimposed.

Kaiser Permanente and unions near agreement after historic strike

Kaiser Permanente’s frontline health care workers unions reached a tentative deal with the company today after the nation’s largest recorded medical sector strike.

October 13, 2023
Image of a person staring glumly at his computer, with the words "Hacked" superimposed.

Cyber insurance market growing with rising cyber threats

Smaller businesses are often targeted by cyber criminals because of their size.

October 13, 2023

Opinion: redefining high-net-worth client service

Some clients have worked hard enough or smart enough to be considered high-net-worth (HNW), but how do their financial plans differ from those of other clients?

October 13, 2023
Picture of panel deliberating around a table, with the WA Cares Fund logo superimposed.

Panel weighs possible changes for WA Cares LTCi plan

Possible changes to WA Cares, Washington state’s new public long-term care insurance benefit plan, are being compiled for consideration.

October 12, 2023
Social Security card and cash piled up with the words "Social Security: 3.2% raise in 2024"

Social Security payments to rise 3.2% in 2024

Social Security recipients will see a 3.2% cost-of-living adjustment (COLA) in 2024, down from the 8.7% increase in 2023.

October 12, 2023

3 ways insurers can prepare for climate change

The increasing costs – and frequency – of climate disasters are putting insurance companies in the hot seat.

October 12, 2023
Image shows the SEC logo with two hands showing thumbs down.
The SEC has released comments on its new rule: Conflicts of Interest Associated with the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers.

SEC rule on data analytics praised by consumer groups, ripped by industry

A Securities and Exchange Commission rule attempting to address conflicts of interest created by use of predictive data analytics could stifle access to much-needed retirement products, industry groups say.

October 11, 2023
Image of person adding up expenses using a calculator and a pile of receipts.

High cost of living is top financial wellness issue for employers, workers

Financial wellness benefits are in the spotlight as employers respond to workers’ concerns, a survey showed.

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