“Conflict-free” retirement advice saves American workers money as they invest in their 401(k) plan, Mike Francis says.
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.
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.
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.
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.
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.
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
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.
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…
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.
Finances are straining Americans’ confidence, survey says
Finances are the reason more than one-third of those surveyed said they are awake at night.
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.
NAIFA, FSP and Life Happens announce plan to unite
The National Association of Insurance and Financial Advisors, the Society of Financial Service Professionals and Life Happens announced plans to come together as one organization, pending membership approval.
Mental health among employers’ top workforce concerns
An increasing number of large employers are reporting a need for mental health services among their workforce, while cancer remains the top driver of health care costs.
Life insurance can offer more than a death benefit
How life insurance leverages today’s market and tax environments for retirement planning purposes.
‘Annuity King’ deemed a flight risk as sentencing nears on fraud conviction
Wasserman, scheduled to be sentenced Sept. 6 on fraud charges, is under 24-hour home incarceration with electronic monitoring, with exceptions for medical appointments and court obligations.
Legendary MLB teams break marketing ground with insurance sponsors
Both the Boston Red Sox and the New York Yankees have added insurance company logos to their uniforms, the first time either team has allowed commercial advertising on their jerseys.
Will AI provide in-home long-term care?
One-third of Americans and more than half of millennials believe AI and robotics will provide their future in-home long-term care.
Structuring life insurance premium finance when interest rates are high
In a high-interest rate environment, using premium finance to purchase life insurance for death benefit purposes can be a strategic solution for estate planning, wealth transfer and business transition needs.
