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September 1, 2023

Don’t overlook life insurance in a qualified retirement plan

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.

August 31, 2023

Medicare annual enrollment: A conversation on lead marketing

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.

August 31, 2023

How insurers can leverage the power of generative AI

Generative AI could fundamentally reshape everything from underwriting and risk assessment to claims processing and customer service.

August 31, 2023
Image shows the Department of Labor logo and building with question marks beside them.
Which direction will the Department of Labor take with its impending fiduciary rule?

Mixed expectations for impending DOL fiduciary rule

The Department of Labor stayed silent Wednesday on a new fiduciary rule rewrite it promised to unveil by the end of August.

August 30, 2023
Medicare

Medicare announces first 10 drugs subject to price negotiations

Blood thinners and diabetes drugs head up the list of prescription medications up for negotiations.

August 30, 2023

Why using AI to minimize risk should be at the forefront of the insurance industry

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.

August 30, 2023
Image shows a Pacific Life logo and a Washington state seal.
PacLife says it did nothing wrong in the sale of its PDX indexed universal life insurance product.

Pacific Life denies fault, asks court to dismiss IUL lawsuit in Washington state

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.

Conflict-free retirement advice: Mike Francis shows how it is done

August 29, 2023

“Conflict-free” retirement advice saves American workers money as they invest in their 401(k) plan, Mike Francis says.

August 29, 2023
Image shows a message about annuity sales rising 27% with a phone and a pig in the background.

Annuity sales up 27% through six months, LIMRA reports

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.

August 29, 2023
Image of older man leaving a building with a box of office supplies. Financial advisors say that 40% of their clients were forced to retire.

Financial advisors say that 40% of their clients were forced to retire

Financial advisors reported that 40% of their retiree clients were forced into retirement, according to a recent survey by Edward Jones.

August 29, 2023
long-term care

Proposed mandatory long-term care insurance: A closer look at the potential negatives

California’s proposed long-term care bill could have several negative impacts on the population and the industry.

August 29, 2023
Image shows the Titan logo and a headline
Titan Global Management will pay a $1 million fine to the SEC for marketing rule violations.

SEC fines fintech advisor $1M for misleading marketing under new rules

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.

Friday Health Plan policyholders in North Carolina face deadline

August 28, 2023

Customers of Friday Health Plans of North Carolina have until the end of the day on Thursday, Aug. 31 to choose a new health insurance plan.

August 28, 2023

Tech driving accelerated claims settlements as hurricane season is here

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

August 28, 2023
Image shows the NAIC logo over legal scales and AI artwork.
Regulators are busy figuring out what to do about artificial intelligence.

State insurance regulators grapple with how and whether to regulate AI

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.

August 25, 2023

Succession planning the family way

Brian and Brandon Heckert This article is a summary from part of the 2023 MDRT Annual Meeting Session ‘The Great…

August 25, 2023
Image shows a pie chart of annuity sales
Deferred annuity sales set records during a strong second quarter. (Courtesy of Wink, Inc.)

Indexed annuity products set record of $25.1B in Q2, Wink finds

Indexed annuity sales soared during the second quarter, according to the Wink Sales & Market Report, setting an all-time quarterly record.

August 25, 2023

Finances are straining Americans’ confidence, survey says

Finances are the reason more than one-third of those surveyed said they are awake at night.

August 25, 2023
code of conduct

Carry your own code of conduct in your heart

When you know something is not right and your instincts confirm it, then there is no right way to do a wrong thing.

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