Life insurance illustration rules on the clock as full rework looms
But it won’t be too long before the National Association of Insurance Commissioners reopens the overall life insurance illustration regulation, an industry executive said Monday.
But it won’t be too long before the National Association of Insurance Commissioners reopens the overall life insurance illustration regulation, an industry executive said Monday.
Americans cite “clear and understandable fees” as the No. 1 thing they want from financial-services firms, with a higher importance placed on pricing considerations than at any time since 2010.
Never lose a client to an advisor who uses Monte Carlo simulations.
Lawmakers look to question regulators as banks reinforce the dikes protecting the system.
A state insurance regulator group is finishing up its next industry survey to learn how home insurers are using artificial intelligence and machine learning.
Property/casualty insurers had one of their worst years in 2022 as runaway inflation, shortages and higher prices drove up claim costs. As we look at the year ahead, insurers must not overlook the impact of the turbulent economic environment on consumer behaviors.
I have found that having a transparent financial planning process helps clients shake-off those first meeting jitters and helps us focus on finding ways to improve their financial well-being.
Account balances for consistent 401(k) plan participants rose from year-end 2016 through year-end 2020, according to a new study from the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) titled “What Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Plan Account Balances, 2016–2020.”
State insurance regulators held a robust discussion Thursday on an interim proposal to increase capital charges for insurers who invest in riskier collateralized loan obligations (CLOs).
Many advisors see the potential in social media to build their personal brands, and social selling is a powerful strategy for creating trust.
While 41% of men say their financial situation has improved over the past year, the same holds true for only 26% of women, according to Corebridge Financial’s survey.
Although there are five major personality traits, only two directly relate to investing style, according to a recent report.
Advisors help people become financially ready for retirement. But they also must help people decide whether they are emotionally ready to stop working.
To make the most out of working with carriers and other insurance industry stakeholders, consider this approach to product building and customer engagement.
A state insurance regulator group intent on questioning insurers on their use of models and big data managed to unite industry and consumer representatives in opposition Wednesday.
Squeezed between unrelenting inflation on one side and a sudden wobbly banking sector on the other, the Federal Reserve on Wednesday split the difference and raised interest rates just a quarter point.
Transamerica today unveiled predictions from workplace benefit professionals on a wide range of employee benefits issues looking toward 2026. Transamerica…
Chubb Limited today announced new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a byproduct of oil and gas production that are among the most severe greenhouse gases.
Succeeding as a female advisor in today’s male-dominated financial-services industry is not a task for the faint-hearted. Two high-performing female advisors share advice for moving a practice from good to great.