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March 16, 2023
Illustration of a variety of people with illnesses.

HHS Secretary: U.S. needs to move from illness-based to wellness-based health care system

The U.S. health care system, he said, is one in which “people come in to the health care system when it’s very late in their situation.”

March 15, 2023
Image of "2022" superimposed over a graph showing growth.

LIMRA: Life insurance premium expected to maintain record levels through 2024

Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the IRS tax code criteria that cash value life insurance policies must meet to retain tax-advantaged status.

March 15, 2023
Image of cash, a model house and notepad with pen, with the words "MYTHS" overlaying in.

Debunking the Top 10 estate planning myths

Estate planning isn’t only for the rich, and it involves more than simply writing a will.

March 14, 2023
Louisiana is trying to encourage insurers to return to the state.
An incentive program passed by the Louisiana Legislature last month is garnering significant interest, official say.

Louisiana attracts 9 property insurers with incentive program

Nine insurers are interested in writing property insurance in Louisiana after the first round of an incentive program ended Friday….

March 14, 2023
Regulators are looking at several long-term care issues.
LTCi policies are still a dicey proposition for insurers.

4 long-term care trends emerge as pandemic recedes, regulators say

The devastating impacts of the COVID-19 pandemic gave rise to several trends in long-term care as facilities and caregivers did their best to cope.

March 14, 2023
Photo of Louisiana Insurance Commissioner Jim Donelon.
Louisiana Insurance Commissioner Jim Donelon.

Louisiana Insurance Commissioner Jim Donelon ends re-election campaign

Louisiana Insurance Commissioner Jim Donelon announced today that he will not seek re-election, citing a desire to step away for…

March 14, 2023
Insurers are turning more and more to artificial intelligence.
Regulators are trying their best to regulate artificial intelligence and machine learning.

NAIC survey: 88% of insurers are using AI or machine learning

A recent survey of auto insurers found that 88% of insurers currently use, plan to use or plan to explore using artificial intelligence or machine learning as part of their everyday operations.

March 13, 2023
Is the Silicon Valley Bank failure 2008 all over again?

Is the Silicon Valley Bank failure 2008 all over again?

“Things are different this time” they say, but things are awfully familiar too, especially with the effects of deregulation.

Why the SVB failure is a wake-up call for advisors

March 13, 2023

What led up to this crisis and why advisors should be appalled that it happened.

March 13, 2023
Image of figures being pulled toward a giant magnet.

7 client acquisition strategies for today’s financial advisor

Two industry experts recently shared some tips and techniques to help advisors acquire the clients they need to take their business to the next level of success.

Analysis of FINRA disciplinary actions shows decrease in sanctions and cases

March 10, 2023

A study found 2022 fines and restitution decreased significantly compared with 2021, in large part because of one record-breaking fine FINRA ordered in 2021 against an online brokerage firm. Additionally, the number of disciplinary actions declined for the third year in a row.

Vehicle thefts nationwide hit 1M mark for first time since 2008

March 10, 2023

Vehicle theft data indicates more than 250,000 thefts were reported in the fourth quarter of 2022 alone.

March 10, 2023
Image showing a locator icon on a $100 bill situated on a map.

IRI unveils 2023 roadmap for federal legislation, policy impacting retirees

The Insured Retirement Institute has unveiled its 2023 security blueprint, an ambitious and comprehensive roadmap for the association’s federal legislative and regulatory public policy agenda.

March 9, 2023
Image showing cash and social security card lying atop an American flag.

Bipartisan group introduces bill to help Americans maximize Social Security benefits

A bipartisan group of senators proposed legislation and has asked the Social Security Administration to help Americans better understand the optimal time for them to claim their benefits.

March 8, 2023

Women in Retirement: Outliving Security

As Americans are living longer, they worry more about outliving their retirement savings. This is especially true for women, who typically live longer than men and, if married, often outlive their husbands.

March 8, 2023
The Financial Planning Association offer opportunities to advisors
Alternative investments can be an intriguing option.

The top 5 misconceptions about alternative investments

By Deshawn Peterson Alternative assets and private markets have gained popularity in recent years as investors seek to diversify their…

March 8, 2023
Annuity sales set records in 2022.
New York Life was the big winner in 2022 , claiming the top spot with a big increase in sales.

New York Life rockets to the top of the 2022 annuity sales charts

The largest mutual insurer in the United States, New York Life claimed nearly a 7% market share and increased its annuity sales by 70% over 2020.

March 8, 2023
Life insurance sales remained strong in 2022.
Indexed life drove record sales for the year.

Indexed universal life drives strong 2022 sales, Wink reports

Consumers love indexed universal life, a love affair that remained strong in the fourth quarter 2022, according to Wink’s Sales & Market Report.

March 8, 2023
Image of hands reaching out to connect across many images of women.

Female advisors see ‘helping people’ as main career draw, training as hurdle

In a recent survey of female financial advisors, more than half of all early-career respondents said “helping people with finances” was their motivation for becoming an advisor. They noted lack of training as a top hurdle early on.

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