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July 27, 2023

Large language models can elevate the life insurance customer experience

The viral popularity of large language models has led the insurance industry to take notice and contemplate how to incorporate it into their operations.

July 27, 2023
Illustration of two cars damaged in a collision with the word "Insured?" superimposed. Auto insurance deals harder to come by; more drop policies.

Auto insurance deals harder to come by; more drop policies

A recent study suggests consumers may be tiring of seeking bargains as insurers raise auto rates, with more drivers going without insurance.

July 26, 2023
health premiums

Medicaid unwinding, inflation could influence 2024 health premiums

The Medicaid redetermination, changes resulting from the end of the COVID-19 public health emergency and inflation are at the top of the list of reasons why health insurance premium rates for next year could see some changes.

July 26, 2023
mental health

Mental health parity in the spotlight under proposed rules

The Biden administration wants health insurers to increase their coverage of mental health treatments.

July 26, 2023
Image shows a picture of a bull covered by several insurance company logos.
Insurers are set to report what could be good second-quarter earnings.

Higher interest rates expected to help insurers post good Q2 results

Rising interest rates will drive the story that life insurance companies report during second-quarter earnings season beginning next week — both for the good and, possibly, bad.

July 25, 2023

Individual life insurance is the future of employee benefits

Individual life policies offer far more customization to suit the specific needs of each person.

July 25, 2023
Illustrated human character running around with dollars that are losing bits and pieces, while large arrows are point upwards. Despite improving economy, another Fed rate hike expected.

Despite improving economy, Fed rate hike expected

Despite an improving economy, the Fed is poised to raise interest rates, after taking a break from its record 10 consecutive rate hikes.

July 25, 2023
Image of Chris Conroy with the title: "Annuity product trends, sales innovation and advisor opportunities."

Annuity product trends, sales innovation and advisor opportunities

Chris Conroy of Insurance Agency Marketing Services, Inc., discusses new annuity products, product trends, and his views on regulation.

July 25, 2023
Image shows a red arrow bursting up.
Annuity sales again set another big record for the first six months of 2023.

Indexed annuity products power sales surge through Q2, set records

In the first half of 2023, total annuity sales jumped 28% to $182.7 billion. This marks the highest sales ever recorded in the first six months of a year.

July 25, 2023

How aerial imagery and AI can help mitigate disaster risk

Aerial imagery and artificial intelligence can work in unison to help insurance agents brace themselves for the damaging weather events generated by the climate crisis.

July 25, 2023
Image of a pair of blue jeans with a measuring tape in place of a belt. Popular weight loss drugs like Ozempic may spur premium increases.

Popular weight loss drugs like Ozempic may spur premium increases

Health insurance companies in several states are seeking premium rate increases, citing the costs associated with popular obesity drugs.

July 24, 2023
Image shows hands fingering money with the word "Fraud" over top
The government says Caz Craffy defrauded military families.

Army financial counselor pleads not guilty to defrauding Gold Star families

An Army Reserve major accused of defrauding two dozen Gold Star families over five years pleaded not guilty Thursday.

July 24, 2023
Image of Igor Zamkovski with the headline "Driving Better Portfolio Outcomes with Annuities."

Driving better portfolio outcomes with annuities

Publisher Paul Feldman interviews BlackRock’s Igor Zamkovsky about role annuities can play providing guaranteed income during retirement.

July 24, 2023
Image of Chuck DiVencenzo, with the words: "The 2023 State of the Fixed Annuity Industry in 2023"

NAFA CEO talks about 2023 state of the fixed annuity industry

Chuck DiVencenzo, NAFA CEO, discusses potential regulation, retirement trends and fixed annuity sales in 2023.

July 24, 2023
Image shows Greg Lindberg in front of a flag.
Policyholders are hoping for news on money held by Greg Lindberg's former insurers, currently tied up in receivership.

Policyholders still waiting as regulators unwind Greg Lindberg insurers

For many policyholders who purchased life insurance or annuities through Bankers Life, or another insurer formerly owned by Greg Lindberg, the wait to access their frozen funds is difficult to accept.

July 24, 2023
Photo of Nathan Gemmiti with the title: "How we launded a new brand and respected annuity company." Ibexis: A vision and product strategy for success.

Ibexis: A vision and product strategy for success

Nate Gemmiti, CEO of Ibexis, discusses what it takes to create a new brand, launch products, and become an industry leader.

July 24, 2023
Image of person sitting in front of a computer, obviously awaiting someone, and asking "Hello?" Many advisors not spending enough time with clients, survey finds,

Many advisors not spending enough time with clients, survey finds

One-third of financial advisors don’t have enough time to spend with clients, potentially affecting client relationships, says a recent survey.

July 24, 2023
Photo of Eric Marhoun with the title: "Annuity innovation and regulation."

Annuity innovation and regulation

Eric Marhoun, COO for Nassau Reinsurance, discusses regulations affecting annuity sales and distribution and innovation.

July 23, 2023
Photo of Paul Garofoli with the title: Rethinking Estate Planning; Letters of Love." Letters of Love: Rethinking estate planning.

Letters of Love: Rethinking estate planning

Paul Garofoli, regional vice president at the Standard, discusses annuities, estate planning and using “letters from heaven,” which every agent and advisor should incorporate into their practice. 

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