North Carolina Insurance Commissioner Mike Causey declared that the state’s Captive Insurance Program remains among the world’s strongest domiciles as…
While financial firms put ‘a lot of energy’ toward diversity, results mixed
While numbers are rising for women and minorities in financial services, the vast majority of those jobs are in administrative roles, and analyst and associate roles, says on observer.
Connecticut addressing broker shortage amid The Great Unwinding
A Connecticut program that aims to help members of underserved communities enroll in health coverage while increasing the number of insurance brokers of color in those communities is more than halfway through its first year.
Retirement plans take center stage in the war for hiring talent
While individual retirement account (IRA) assets are the largest and perhaps most popular segment of the retirement market, with accounts…
Establishing trust with LGBTQIA+ clients
Navigating the legality of relationships is already an exhausting process for most queer folks, and the impact on their finances is no exception.
Nearly half (48%) of gig workers find their access to health insurance negatively affected by deciding to engage in freelance work.
For some, nothing to fear from taking RMDs, professor says
Clients may not be happy about taking required minimum distributions if they don’t need the money right now, but there are some ways advisors can help ease their concerns.
Turbulent market conditions and rampant inflation have forced investors to consider working after their retirement, according to a Nationwide Retirement Institute study.
This estimate reflects inland flood impacts for the U.S. and includes damage to infrastructure.
Investors scrambling to lock in rates propel annuity sales to record highs
Annuity sales set a quarterly record for the third consecutive quarter, LIMRA reported today. Investors are flocking to the safety promised by fixed annuities.
The transaction includes a broad strategic partnership agreement aimed at aligning the interests of the two organizations, including an arrangement whereby Securian Financial will distribute its individual life and annuity products through Cetera’s affiliated financial professionals.
Study: Education level should drive decisions on Social Security, annuities
Less educated people tend to live shorter lives, so they should delay Social Security and use their retirement funds as a bridge, while better educated have longevity and should buy an annuity and not delay Social Security, according to a study.
There were 987 announced insurance agency mergers and acquisitions in 2022, down 8% from 1,075 reported in 2021, according to OPTIS Partners.
Plaintiffs in AIG subsidiary case seek bankruptcy dismissal
Plaintiffs suing a subsidiary of insurer American International Group Inc. over alleged withheld income filed a motion Monday asking a Connecticut court to dismiss the insurer’s bankruptcy filing.
How creating value will turn you into an introduction machine
When everyone profits. you have a sustainable relationship that will grow over time.
6 steps for financial advisors to create a successful marketing strategy
While market volatility, compliance pressures and a competitive landscape have created a challenging environment for financial advisors seeking new clients, a defined marketing strategy can lead to greater success, according to a recent Broadridge Financial Solutions survey.
The vast majority (82%) of Americans say they are worried about rising inflation continuing to have a negative impact on the purchasing power of their income in the next six months.
U.S. insurers are expected to increase their risk tolerance and grow portfolio allocations to private assets amid their concerns about higher market volatility and inflation, according to a new survey of U.S. life and property & casualty (P&C) insurers, sponsored by leading global insurance asset management firm Conning.
High net worth clients consistently challenge financial advisors to be on the cutting edge to ensure their money is doing the most work it can for them. With captive insurance, high net worth clients have the potential for massive savings on their money.
