Oklahoma Insurance Commissioner Glen Mulready announced today that he has placed Friday Health Plans of Oklahoma under supervision of the Oklahoma Insurance Department.
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 Group, a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today…
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.
Louisiana is following the lead of Alabama and North Carolina in endorsing fortified roofs as public policy to fight hurricane and tropical storm threats.
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.
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.
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?
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.
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.
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.
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.
‘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.
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.
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.
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.
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.
Acing annuities during Financial Literacy Awareness Month
Financial Literacy Awareness Month is the perfect time to educate yourself and your clients about annuities.
A Rising Tide
How advisors are boosting their communities by helping their members raise their financial literacy skills.