The Internal Revenue Code allows the use of life insurance in a retirement plan if it is incidental to the primary purpose of providing retirement benefits.
The Medicare Annual Enrollment Period offers a pivotal opportunity for insurance agents to grow their business and ensure clients get the best health care options available.
AI’s ability to aggregate vast amounts of data and extract valuable insights offers distinct advantages that human underwriters or claim adjusters may not consider.
PacLife says it did nothing wrong in the sale of its PDX indexed universal life insurance product.
Pacific Life denied all claims and asked a Washington state federal judge to dismiss a lawsuit brought by a Richland couple dissatisfied with a PDX indexed universal life policy.
Strong sales of fixed-indexed and income annuities helped overall annuity sales hit $181.1 billion in the first half of 2023, far surpassing the old record.
The Securities and Exchange Commission last week fined Titan Global Capital Management, a New York-based fintech advisor, for misleading marketing under a newly amended rule.
As severe weather events become more frequent and customer service expectations reach new heights, insurers are under increasing pressure to adopt these technology advancements and expedite the claims process
Regulators are busy figuring out what to do about artificial intelligence.
State regulators released a draft bulletin on artificial intelligence usage by insurers and it is not popular with lobbyists on either side of the issue.