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May 15, 2023

How states are tracking Medicaid data as unwinding begins

States are tracking and monitoring data to help speed and complete the Medicaid redetermination process.

May 15, 2023
Photo shows the Department of Labor logo above a table of people sitting in the shadows.
Time is running out for the Department of Labor to complete its fiduciary rewrite.

DOL won’t give up on push for fiduciary standard on rollovers, analysts say

The Department of Labor isn’t likely to back away from pushing for tougher fiduciary standards on the sale of retirement products, a pair of experts agreed Thursday, despite significant losses in court.

May 15, 2023

How life insurers can leverage digital field underwriting

Digital field underwriting must happen at a faster pace if the life insurance industry is to survive a time of declining market penetration and falling sales.

May 12, 2023

Mother’s Day: More than a day to buy flowers

Mother’s Day is a good time to reflect on the monetary value of the work mothers do for their families and for society.

May 12, 2023
Image of a person holding money in their hand. Confidence in ability to retire comfortably declines, study says.

Study: confidence in having adequate retirement savings drops

Americans’ confidence in having enough money to live comfortably in retirement declined significantly in 2023, according to a recent survey.

Mastering the discovery phase of financial planning

May 12, 2023

When you go to the doctor, you explain what feels wrong or share your symptoms for them to diagnose the problem. The same is true for our business as financial advisors.

May 12, 2023
Picture shows a man looking through binoculars with index results reflected in the lenses.
Plaintiffs allege that Lincoln Financial misrepresented the gains an FIA would earn.

Ex-Lincoln Financial agent is lead plaintiff in Texas lawsuit over insurer’s FIA sales

Lincoln Financial is asking a Texas judge to dismiss a lawsuit filed by nine plaintiffs who claim they were sold a fixed indexed annuity with illustrated promises of unrealistic gains. One of its former agents is the lead plaintiff.

May 11, 2023
Image of the U.S. Capitol against the background of a calendar with June 1 circled. June 1 deadline looms for debt ceiling crisis.

June 1 deadline looms for debt ceiling crisis

Each side seems intractable as June 1 deadline approaches to raise the nation’s debt ceiling before the government runs out of money and defaults.

May 11, 2023
Image of piggy bank with the word "Apollo" on it, while tiny figures are being pulled toward an adjacent light. Apollo expects to pull wealthy investors into alternatives with new annuity, investment vehicle.

Apollo expects to pull wealthy investors into alternatives with new annuity, investment vehicle

Apollo Global Management has high hopes for two new products that it expects will interest high-net-worth investors in alternative investments.

May 11, 2023

Silver divorce and life insurance settlements: Navigating a new landscape

Silver divorces may involve the division of life insurance. How a life settlement might be a solution.

May 10, 2023
Federal Reserve logo overlapping stacks of coins with an upward fever arrow. There is a break in the upward line with question marks overlapping the break. As inflation cools, some say Feds may end rate hikes – for now.

As inflation cools, some say Fed may end rate hikes – for now

For the 10th consecutive month, inflation has shown signs of cooling, leading some to theorize the Fed may done with rate hikes – for now.

May 10, 2023
Photo shows the Lincoln Financial logo over some financial data.
Lincoln Financial executives say a reinsurance deal inked last week will help the company by freeing up capital.

Lincoln Financial struggles again in Q1, reports an $881M loss

Lincoln Financial Group completed another difficult quarter financially, but executives touted last week’s $28 billion reinsurance deal as a crucial rebound move for the insurer.

May 10, 2023

Meet ChatGPT: Your personal marketing assistant

ChatGPT is everywhere. But can it help agents and advisors build their businesses? While the intricacies of financial information may be a bit outside its expertise — at least currently — ChatGPT is being used successfully as a helpful and time-saving marketing assistant for many agencies and practices.

May 10, 2023
Image shows the Jackson logo over images of a calculator and financial documents.
Jackson National is working to stabilize its annuity sales.

Jackson National posts $1.4B net income loss, steep annuity sales dip in Q1

Jackson reported a net income loss of $1.5 billion in the first quarter amid depressed sales of its variable annuity line.

May 10, 2023

Streamline the claims process to tackle supply chain issues

Few consumers consider how the supply chain impacts insurance.

May 10, 2023
Brighthouse Financial logo against a background of stock ticker symbols. Brighthouse Financial earnings show $525M loss in Q1.

Brighthouse earnings show $525M loss in Q1

Citing market conditions and declining hedging values, Brighthouse Financial Inc. reported a net loss of $525 million in Q1 of 2023.

May 9, 2023

7 tips to deliver a world-class customer experience

The ability to deliver a great customer experience is everything for insurers.

May 9, 2023
Image of American Equity logo on a bright background of bright colors. American Equity rides the annuity boom with nearly $1B in Q1 FIA sales.

American Equity rides the annuity boom with nearly $1B in Q1 FIA sales

American Equity sold $964 million worth of fixed indexed annuities in Q1, an increase of 23.2% compared to the fourth quarter 2022.

May 9, 2023
Image of Corebridge Financial logo over a fever graph pointing upwards. Corebridge sees higher surrenders, but stronger sales, too, in Q1 earnings.

Corebridge sees higher surrenders, but stronger sales, too, in Q1 earnings

Corebridge Financial continues to separate from American International Group, seeing higher fixed annuity surrenders during first-quarter earnings. Sales are even higher.

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