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Friday Health Plans of Oklahoma placed under supervision

April 5, 2023

Oklahoma Insurance Commissioner Glen Mulready announced today that he has placed Friday Health Plans of Oklahoma under supervision of the Oklahoma Insurance Department.

April 5, 2023
Image of aisle in CVS leading to the Pharmacy with the phrase: This Way. Oklahoma Dept. of Insurance accuses CVS of steering customers to its own pharmacy.

Okla. Insurance Dept. says CVS violating pharmacy choice law

CVS/Caremark has again drawn scrutiny by insurance regulators for allegedly running afoul of state laws allowing people to choose which pharmacy to use.

AmeriLife shakes up distribution leadership to grow annuity sales

April 5, 2023

AmeriLife Group, a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today…

April 5, 2023
Image showing a calculator sitting atop high-denomination cash bills and prescription pills. Medicare Advantage carriers’ profit was double that of other markets, according to Kaiser Family Foundation.

Medicare Advantage shows large profit advantage that new CMS rules look to cut

Medicare Advantage carriers’ profit was double that of other markets, according to Kaiser Family Foundation. Meanwhile, new rules seek to trim that advantage.

Fortified Home standard growing popular as insurance costs rise

April 4, 2023

Louisiana is following the lead of Alabama and North Carolina in endorsing fortified roofs as public policy to fight hurricane and tropical storm threats.

April 4, 2023
Picture shows a home roof with the words "Insurance Crisis" on top
California property insurers are facing a large bill for wildfire claims.

Louisiana insurance crisis sparks ‘most ambitious’ reform package

The package of reforms gives lawmakers a second stab at the Louisiana Fortify Homes Program, which fortifies roofs against high hurricane and tropical storm winds. The legislature declined to fund the program last year.

April 4, 2023
Image of man appearing very nervous with many words relating to economic woes, such as inflation. overlaying his image. Tax return anxiety adding to banking customer jitters, says J.D. Power survey

Tax return anxiety adding to banking customer jitters, says survey

Banking customers already jittery about high inflation and fears of a recession have added tax returns to their anxiety list as filing deadlines approach, according to a survey by J.D. Power.

April 4, 2023
Image of Ken Diltz superimposed over illustrations related to LTC tax.

Solving today’s enigma of the state long-term care tax mandates of tomorrow

Washington state imposed a tax to fund a long-term care program. What does this mean for your clients and could your state be next?

April 4, 2023
Image of the words "Danger Zone" with cash coming out of slot between the words.

Fidelity analysis finds a ‘danger zone’ for employees cashing out 401(k)s

The “danger zone” for employees fully cashing out of their retirement savings plans is 30-39 years old, according to recent analysis based on more than 20 million Fidelity 401(k) participants.

April 4, 2023
Common Financial Sense
Common Financial Sense

Advisor, author wants to simplify financial literacy language

Harris Nydick wishes there had been a class in high school to teach financial literacy skills when he was a student.

April 3, 2023
Illustration a dark sky with storm conditions and a Tornado Warning sign.

Recent tornado surge a grim signal of increased destruction trend

A massive April Fool’s Day line of severe weather wreaked havoc from the Deep South to the Great Lakes, with about 85 million people in the path. More than 400 tornadoes have been reported so far this year.

April 3, 2023
Illustration of a futuristic figure with goggles peering into a cloud of data. Colorado rule bars data discirimination.

Colorado rule bars AI, data discrimination in life insurance

Colorado’s insurance department proposes its first rule to implement the state’s anti-discrimination by data law.

April 3, 2023
The image shows Phillip Wasserman and a picture of a crown. 'Annuity King' begins defense after judge denies acquittal motion.
Sentencing for Phillip Roy Wasserman was continued until Jan. 31.

‘Annuity King’ calls Ponzi scheme charges ‘a joke;’ Trial starts today in Tampa

Prosecutors allege that Wasserman led a $6.3 million financial fraud. The three most serious charges — wire fraud, mail fraud and conspiracy to commit wire and mail fraud — all carry maximum sentences of 20 years.

April 1, 2023
Budgeting and saving can create a pathway to achieving what makes you happy

Budgeting and saving: A pathway to happiness

People often think of budgeting and saving the same way they think about diet and exercise – a punishment. But one advisor wants people to regard budgeting and saving as a means to attaining what makes them happy – and he wants to teach others how to make that happen.

April 1, 2023
Financial literacy education empowers women
Financial literacy education empowers women.

Empowering women through financial literacy

Jane Bourette wants to empower the women in her community to be financially strong and the way she does it is by educating them about financial literacy.

April 1, 2023
Guardian Life and EVERFI are teaming up on a financial wellness curriculum
Guardian Life and EVERFI are teaming up on a financial wellness curriculum

Guardian and EVERFI team up on ‘Minding Your Money’ financial wellness courses

Guardian Life and EVERFI from Blackbaud announce the April 6 launch of “Minding Your Money: Skills for Life,” a first-of-its-kind financial wellness curriculum that addresses the intersections of personal finances, relationships, and health and that helps young people learn lasting financial habits before they enter adulthood.

April 1, 2023
Financial literacy education means meeting people where they are.
Financial literacy education means meeting people where they are.

Financial literacy education: Meeting people where they are

Kristin Pugh often wonders what financial literacy advice or education someone could have given her mother that would have eased her financial stress. And that inspires her to educate others so they can find their own financial footing.

April 1, 2023
Financial literacy month is the perfect time for annuity education
Financial Literacy Month is the perfect time for annuity education

Acing annuities during Financial Literacy Awareness Month

Financial Literacy Awareness Month is the perfect time to educate yourself and your clients about annuities.

April 1, 2023
A Rising Tide

A Rising Tide

How advisors are boosting their communities by helping their members raise their financial literacy skills.

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