DPL hits $2B in commission-free annuity sales driven by fiduciary advisors
The increasing prevalence of fiduciary business models among financial advisors is proving to be a tailwind for commission-free annuities.
The increasing prevalence of fiduciary business models among financial advisors is proving to be a tailwind for commission-free annuities.
Life insurance sales were down across major product categories in the third quarter, Wink, Inc. reported in its quarterly Sales and Market Report.
Iowa Insurance Commissioner Doug Ommen encouraged his colleagues to craft a pointed comment letter to the Department of Labor to set the record straight on its fiduciary proposal.
A coalition of major trade groups is calling for the NASAA to withdraw proposed changes to its business rules, calling them “unnecessary.”
Life insurance application activity was flat in November on a year-over-year comparison. But activity remained up 2.6% year to date, according to the MIB Life Index.
A couple’s fight to get a $14,729 tax refund made it to the U.S. Supreme Court this week in a case that might upend the federal tax code.
Half the financial advisors surveyed believe consumers should be more focused on how long-term care (LTC) costs could impact their retirement.
A recent federal court decision means that employers taking advantage of copay accumulator programs now face unexpected administrative complications.
No aspect of the insurance marketplace seems as fractured as the long-term care insurance market.
David “Birny” Birnbaum, a longtime National Association of Insurance Commissioners-sponsored consumer liaison, is retiring from those duties.
Although insurance industry acquisitions and mergers have experienced the largest decline ever, one experts calls it a “return to normal.”
Financial advisors can use mobile wealth management apps as a means to increase client engagement and satisfaction, a recent study found.
Only one in five affluent investors uses the same advisor as their parents, according to a recent Cerulli Edge study.
State insurance regulators made it to the finish line Monday with a bulletin advising insurers on use of artificial intelligence and related technology by insurers.
Long-term care insurance carrier participation by carriers in a feasibility study is “not what we hoped for,” said Kate Eubank of the Society of Actuaries Research Institute at the National Association of Insurance Commissioners Fall Meeting.
Fifty-eight percent of life insurers are either using or have an interest in using artificial intelligence in their businesses, an NAIC working group found.
NAIC is not a federal regulatory agency. If it were, it would be subject to the kind of oversight that is expected of such entities.
A National Association of Insurance Commissioners’ working group came no closer Thursday to deciding an LTC rate review standard.
Social Security and Medicare may have begun with the general intent of providing welfare and assisting older adults with inadequate income, but they morphed into an entitlement not always connected to being needy.