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From the Field: Expert Insights RSS Get our newsletter
April 21, 2023

Women of color are creating a positive financial outcome

Women of color in the U.S. are committed to writing their own financial narratives to create better outcomes than those who came before them, according to new research from Edelman Financial Engines.

April 21, 2023

Insurers optimistic about hiring, revenue

Insurers are showing hiring optimism as 67% of them have plans to increase their staff during the next 12 months.

April 21, 2023

Cyber insurance: Is your business prepared for the second wave?

The cyber insurance market has matured rapidly over the past two years in the face of ever-evolving risk.

April 20, 2023
Image showing an impressive home being transported on wheels, with a large ribbon. Increasing number of U.S. households prioritizing wealth transfer.

Increasing number of U.S. households prioritizing wealth transfer

Nearly two thirds of U.S. households are now involved in intergenerational wealth transfer, with growth seen in both wealthy and lower-asset households.

April 20, 2023

Trust influenced by consumer experience, relationships

Why do consumers trust some financial institutions more than others? And what leads to that trust?

April 20, 2023
Image showing piggy bank wearing a graduation cap aside stacks of money. Study finds most Americans want to achieve financial literacy.

Study finds most Americans want to improve their financial literacy

More than three-quarters of Americans wish they had more financial literacy in topics like saving, investing, retirement, and budgeting, a recent study finds.

April 19, 2023
Image shows the Department of Labor logo over a press conference scene.
The Department of Labor announced a settlement with a major life insurer over claims.

DOL: Prudential improperly denied group life insurance claims

Prudential has advised the department that they will voluntarily reprocess denied claims dating back to June 2019 and provide benefits for the claims previously denied based solely on lack of evidence of insurability.

April 19, 2023
Image shows Taylor Swift in front of an FTX sign.
Taylor Swift is the lone celebrity to ask whether FTX was peddling unregistered securities.

Taylor Swift the only celebrity to ask if FTX was pushing ‘unregistered securities’: attorney

Singer and megastar Taylor Swift is the lone celebrity pursued by disgraced cryptocurrency developer Sam Bankman-Fried who asked the right questions about FTX, an attorney suing SBF said Tuesday.

April 19, 2023
Image shows a man behind a chart graph.
Interest rate fluctuations are having plenty of implications for life insurers.

Life insurance companies would love higher-rate bonds, but accounting standard would not, Conning reports

Life carriers would love to trade their low-interest bond for new higher-rate ones, but an NAIC accounting standard dissuades them from taking the short-term hit, according to Conning.

April 19, 2023
Image showing well-dressed Asian men and women. Study looks at motivators, challenges of affluent Asian Americans.

Study looks at motivators, challenges of affluent Asian Americans

A recent report by Merrill Wealth Management is shedding light on the unique motivators, priorities and challenges faced by affluent Asian American and Pacific Islanders (AAPI) in the U.S.

April 18, 2023
Tech image outline of a digital truck.

Autonomous trucking – and related insurance – still down the road

Despite the expectation by now we’d be whizzing around in self-driving cars hasn’t lived up to predictions. A similar hope for automated trucking industry is waiting for the technology to catch up.

April 18, 2023
Photo shows the Department of Labor logo overlayed on a court image.
The Department of Labor appeals a February ruling striking down part of its investment advice rule.

Department of Labor to appeal decision striking down portion of rollover guidance

The Department of Labor filed a notice of appeal Friday from a February federal court ruling striking down a portion of guidance issued in 2021 that expanded the definition of a retirement plan fiduciary.

April 18, 2023
Image of a millennial-aged man looking worries as dollar bills whirl around him. Economy hits millennials' ability to build wealth.

Economy hits millennials’ ability to build, transfer wealth

Ongoing economic turmoil has severely impacted millennials’ ability to build and transfer wealth, according to a new survey.

April 17, 2023
Image showing fleet of electric cars at charging stations. Biden calls for more electric cars, raising questions for many, including insurers .

Biden’s call for EVs raises questions for many, including insurers

President Joe Biden’s ambitious plans unveiled recently to put us all behind the wheel of a battery electric vehicle (BEV)…

April 17, 2023
Photo shows a crown with the words "Annuity King" overlayed. Phillip Roy Wasserman is the plaintiff in an ongoing fraud trial.
The trial of Phillip Roy Wasserman is two weeks old and prosecutors won a pair of rulings last week.

A pair of rulings go against the ‘Annuity King’ in week one of fraud trial

The judge ruled against the self-styled “Annuity King” is a pair of evidentiary rulings during the initial days of the high-profile fraud trial in Tampa, Fla.

April 17, 2023
Illustration showing a human form surrounded by representations of biometric data. Amazon biometric data lawsuit another test for privacy law,

Amazon biometric data lawsuit another test for privacy law

The legal debate over use of biometric data entered a new forum recently with a lawsuit against Amazon for alleged violations of the New York City privacy statute.

April 14, 2023
5 Minute Finance logo

Managing risk amid banking crises and economic turmoil

It’s natural for clients to worry about the security of their investments when the market reacts to surprising bad news – but we advisors needn’t wait for dire headlines to address portfolio risk with clients.

April 14, 2023

7 ideas for helping clients manage RMDs

Clients need a strategy to help them manage RMDs and minimize tax consequences that arise from taking them.

April 14, 2023
Image of a small figure looking up at a huge hand holding a sign with an "x" on it.

How an agent can effectively counter life insurance objections

Prospects and clients come to the process with a set of prejudices and objections quite often fed by consumer media. Insurance professionals can use the LAER method to work through those preconceptions.

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