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November 29, 2023

The Greenfield approach to PAS modernization in life insurance won’t solve all your problems

Although greenfield is smaller in scope than a traditional PAS modernization project and enables life insurance companies to start processing new business quickly, it’s not the solution to all your digital transformation roadblocks.

November 28, 2023
Image shows an hourglass with pictures of the environment at the top.
Insurers are facing rising demands for climate data, along with equally rising losses from natural disasters.

NAIC expected to vote on climate strategy as data collection continues

As federal officials continue to push for more detailed climate data from insurers, state regulators are emphasizing climate concerns during this week in Orlando.

November 28, 2023
wellness

Wellness vs. distraction: Tips to manage your thoughts

Wellness has six dimensions and we must pay attention to all of them if we are to attain focus.

November 28, 2023
Image of Wall Street bull standing amid images of Congress with a large American flag in the sky.

Survey finds investors worried about 2024 election impacts

Nearly half of investors surveyed believe the 2024 elections will have a bigger impact on their retirement than market performance,

November 28, 2023

Most Americans overestimate life insurance costs while underestimating health risks

Life insurance isn’t bought with money, it’s bought with age and health status.

November 27, 2023
Image shows a gavel laying on a pile of money.
A Washington court will decide whether an insurer is responsible for more coverage of a malware breach.

Judge rejects Crum & Forster’s bid to toss cybersecurity coverage lawsuit

A Washington state judge denied a bid by insurer Crum & Forster to terminate a lawsuit over cybersecurity event at a Seattle logistics company.

November 27, 2023

The retirement journey: Factors to consider when making a plan

Setting up a retirement plan is not as simple as putting aside a bit of extra money every month. It requires much more careful consideration of several factors.

November 27, 2023
Image of an older man dancing and enjoying himself, holding a wad of cash, with dollars flying away.

Many not planning well for life expectancy, study finds

Many seniors, while concerned about outliving retirement resources, are not accurately predicting their lifespan.

November 27, 2023
Image shows the NAIC logo and 2024 in blocks.
The NAIC A Committee approved 2024 charges Tuesday.

NAIC life insurance committee sets 2024 regulatory goals

The Life Insurance and Annuities Committee approved its 2024 work charges Tuesday with no comment.

November 24, 2023
Image of a crystal ball containing charts and graphs, with "Forrester, Top 5" superimposed.

Forrester’s top 5 insurance industry predictions for 2024

Forrester Research looks ahead to what, both good and bad, might await the insurance industry in 2024.

November 23, 2023

Navigating the generational shift in insurance: the rise of new talent

The insurance industry is in the middle of a significant transformation: the retirement of the baby boomer generation.

November 23, 2023
Woman of color speaking in front of a large audience.

Taking steps to spur diversity in actuarial profession

DEI is attracting greater attention from the actuarial profession, with several associations aiming to diversity its ranks.

November 22, 2023
Image of a $100 bill with a red "X" superimposed that has the words "Medicare Advantage Agent Comp".

Proposed change to Medicare Advantage agents’ compensation draws fire

A proposed federal rule that would impact Medicare Advantage compensation for Medicare agents and brokers has drawn ire from an agents association.

November 22, 2023
Image shows the word "annuities" affixed on a speedometer.
Annuities Speedometer Rising Income Retirement Savings Investment 3d Illustration

Structured annuity sales soar higher in strong Q3 market, Wink reports

Total third quarter sales for all deferred annuities were $78.6. billion, Wink, Inc. reported, up 8.5% when compared to the same period last year.

November 22, 2023

5 tips to boost long-term care insurance sales

Selling LTCi can be challenging, but it is a vital component of comprehensive financial planning.

November 22, 2023
Illustration of a man looking very worried in the foreground with many forms in the background, and blocks with percent signs in a growing stack superimposed.

Americans worried about higher taxes on 401(k)s, IRAs

Americans are increasingly worried that taxes on retirement income from 401(k) plans and IRAs will increase, according to an Allianz study.

November 21, 2023
Illustration of a head with an electricity symbol where the brain is next to the words "Sorry, We are Closed."

Behavioral health care access remains a challenge

Behavioral health care access has three main challenges, a conference panelist said.

November 21, 2023

Financial fears encourage, inhibit life insurance sales

People who have financial fears are five times more likely to want to buy life insurance, while affordability is a concern.

November 21, 2023
dental

Dental benefits: 4 ways insurers are reimagining the landscape

Dental insurers are reimagining the way they do business to better serve consumers.

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