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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.

October 11, 2023

Student loan repayment freeze ending – how do you help your clients?

How can you advise employers regarding the options available to assist in the repayment of student loan debt to augment employees’ financial well-being?

October 11, 2023
Image shows the words Brookfield against a faded photo of a life insurance application.
Brookfield faces questions over how it is treating life insurers it purchased.

Critics call out Brookfield Asset Management asset transfers to insurer

Financial reporting documents by Brookfield Asset Management Reinsurance and an insurer it acquired last year are raising renewed questions about private equity control over policyholder funds.

October 10, 2023
Injured worker fills out a workmen's compensation form. State seal of Florida superimposed above the image.

Proposed historic drop in Florida workers’ comp rate draws concern

Proposed average workers’ compensation rate decrease of 15.1% proposed by the National Council on Compensation Insurance draws concerns.

October 10, 2023
Image of the interior of the halls of Congress with images of health care workers overlapped.

Health care issues pushed aside amid Congressional budget battles

The longer the appropriations fight goes on and the longer those extensions go on, they crowd out the ability of Congress to tackle other issues such as health care issues, an analyst said.

October 9, 2023
crisis

Helping clients whose families are in the world’s crisis regions

When a crisis hits in some area of the world, clients can depend on advisors who have the resources to support them.

October 9, 2023
Illustration of a bride and groom next to a large looming piggy bank, with the words "I DO not have the money for:" with a long list of wedding expenses.

Wedding costs a worry for couples’ financial well-being

The vast majority of engaged couples surveyed fear their wedding costs may adversely impact their financial well-being.

October 9, 2023
Image shows the NCOIL logo with dentist imagery around it.
NCOIL legislators are considering an MLR model law for the dental profession.

NCOIL ponders dental MLR model to force set spending on patient care

Legislation to hold dental providers to a minimum expenditure of funds on patient care might be a win for consumers, but it’s also driving providers from the market, critics say.

October 6, 2023
Image includes the words, "Providers leaving the market" over scenes of distressed patients.
Two additional dental providers are leaving the Massachusetts small-plan market.

NADP: Ameritas, Principal to leave Massachusetts small-plan dental market

Two more dental insurers have indicated they will withdraw from the small-plan market in Massachusetts, citing a successful voter referendum mandating the amount of revenue the companies must spend on patient care.

October 6, 2023
Group of people looking over information using computers and paper, with the seal of the N.H. Insurance Department superimposed.

N.H. focuses on consumer price awareness to curb health care costs

New Hampshire Insurance Department is working to build consumer awareness of health care pricing to help control costs.

October 6, 2023
Image shows a giant magnifying glass and a Pacific Life office building.
A lawsuit against Pacific Life over its IUL product is continuing in Washington.

Pacific Life lawsuit back on track after complaint refiled

A lawsuit against Pacific Life by a Washington couple dissatisfied with a PDX indexed universal life policy is back on track after a round of refilings.

October 6, 2023
AI

AI is helping the insurance industry adapt to a climate-changed world

AI could provide a crucial tool for the insurance industry to adapt to climate change.

October 5, 2023
Image shows the NAIC logo with an escalating series of years.
NAIC regulators are reluctant to reopen the overall life insurance illustration model.

NAIC task force: no life illustrations rework planned in 2024

State insurance regulators advanced 2024 charges today and revealed no plans to confront a full-scale rewrite of the life insurance illustrations model.

October 5, 2023
Imagine shows the Country Mutual logo
Country Mutual policyholders want the insurer to share more of their profits.

Country Mutual sued by policyholders for not sharing its profits

A lawsuit brought by Country Mutual Insurance Co. policyholders alleging the insurer is hoarding profits was sent back to Illinois state court this week by a federal appeals court.

October 5, 2023

Prepare your family and business for weather-related disasters

Help your clients prepare their families and their businesses for a weather disaster.

October 4, 2023

Commentary: A thank-you to workers at care facilities

There was a time when the residents of care facilities were independent. They remember that time as they thank those who care for them today.

October 4, 2023
Image of a large group of people standing ni the streets looking back at their homes with a strong glow in the background, with question marks superimposed over the image.

Property insurers’ exodus presents challenges, opportunities

The exodus of insurers from states affected by catastrophic events is an opportunity for remaining carriers, according to a recent study.

October 3, 2023
Image shows a crown with the words "Annuity King seeks new trial" overlaid.
Phillip Roy Wasserman faces a second trial on tax evasion charges later this month.

‘Annuity King’ sentencing delayed again as judge sorts out appeals

A Florida judge rejected two appeals Monday and postponed sentencing again for Phillip Roy Wasserman, convicted of orchestrating a massive fraud scheme on senior citizens.

October 3, 2023

Bass to head up Equitable Holdings investor relations

Equitable Holdings has reached out to veteran life insurance analyst Erik Bass to take over duties as its new head of investor relations.

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