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December 19, 2022
Marketing your practice: 7 tips for financial advisors in 2023.

Marketing your practice: 7 tips for financial advisors in 2023

Forward-thinking advisors are embracing a variety of high-tech solutions even as they revisit the older, tried-and-true strategies. Here are 7 ideas advisors can use to boost their marketing plans as they search for growth in the year ahead.

This overlooked asset could help optimize your clients’ financial plan

December 19, 2022

Incorporating cash value VUL insurance into a securities-only portfolio has the potential to increase the strength and resilience of your clients’ portfolios.

Paid family leave model law one of four adopted by NCOIL

December 16, 2022

The NCOIL Paid Family Leave Insurance Model Act provides a framework for states to create a new line of insurance in which any insurer licensed to transact life insurance or disability income insurance will also be able to provide coverage for paid family leave.

December 16, 2022
AIG is being sued by a group of former executives
An AIG subsidiary filed for bankruptcy in Delaware this week.

AIG subsidiary files bankruptcy amid ongoing lawsuit by former execs

A subsidiary of insurer American International Group Inc. filed for Chapter 11 bankruptcy Tuesday, a move panned by a group of former executives suing the insurer.

How vehicle insurers can leverage AI and data analytics to determine accident liability

December 16, 2022

With innovations in artificial intelligence and data analytics, there may finally be a way to streamline claims management and produce better outcomes for everyone involved.

December 16, 2022
A bumpy road is predicted for insurtechs heading into 2023.

Experts predict bumpy road for insurtechs heading into 2023

The insurtech sector, once hailed as the great insurance industry disruptor, is looking at a bumpy road for 2023 with investment capital at a premium, stocks in the dumper, recessionary pressures, and the inability to innovate stunting growth, experts say.

December 15, 2022
Inflation and financial woes weigh down American optimism for 2023.

Inflation, financial woes weigh down American optimism for 2023

The financial outlook for many Americans does not appear to be bright, as many continue to cope with high inflation and financial worries. In fact, more Americans say their financial situation is worse than it was a year ago – and don’t expect it to improve in 2023, according to a recent study.

US life insurer investment portfolios to withstand market volatility

December 15, 2022

Rising rates have been largely favorable for U.S. life insurer investment portfolios, driving higher investment income as reinvestment rates exceed book yields, helping to mitigate macroeconomic headwinds, market volatility and the heightened probability of mild recession in 2023, Fitch Ratings says.

RetireOne and Nationwide partner to distribute menu of advisory annuity solutions

December 15, 2022

RetireOne and  Nationwide are teaming up to expand the distribution of Nationwide’s advisory annuity products, allowing Nationwide to reach new markets.

Senators Cardin, Portman receive financial retirement industry award

December 15, 2022

During a recent EBRI Retirement Summit in Washington, D.C., U.S. Senators Ben Cardin (D-MD) and Rob Portman (R-OH) received the 2021 Ray Lillywhite Award for their lifetime work in enhancing Americans’ economic and retirement security.

December 15, 2022
After a disappointing 2022, expect a "wild ride" next year, says strategist.

After a disappointing 2022, expect a ‘wild ride’ next year, says investment strategist

The life insurance and financial services industries started 2022 with so much promise. What happened and what’s in store for 2023? Two experts from Conning break it down.

COVID-19 changed homeowners’ views on insurance and there’s no going back

December 15, 2022

Did spending more time at home spur a desire for homeowners to better understand their coverages? A survey says yes.

‘Holiday hustle’ makes Dec. 16 the riskiest day to drive

December 14, 2022

The most dangerous day to drive this month is expected to be Dec. 16, according to a predictive analysis of Nationwide claims data.  

Nearly 1 in 3 Americans say their financial situation worsened over the last year

December 14, 2022

More Americans say their financial situation is worse than a year ago and don’t expect it to improve in 2023, according to the New Year’s Resolutions Study from Allianz Life.

December 14, 2022
Fed's half-point hike signals possible 'soft landing' for some.

Fed’s half-point hike signals possible ‘soft landing’ for some

Federal Reserve officials ended the most inflationary period in nearly 40 years with yet another rate increase, which, at 50 basis points, was a more modest change compared to its previous four consecutive 75-basis-point hikes, and presented a mildly optimistic outlook for the coming year.

New York Life Foundation finds more Americans want open dialogue around grief

December 14, 2022

While most Americans understand the importance of talking about grief, people are growing tired of discussing death and loss, according to new research from the New York Life Foundation, released today.

December 14, 2022

Will 2023 be the Year of the Fiduciary Rule?

Our January 11 webinar will cover the trends in annuity regulation and highlight what to look for in the coming months. Our guests Jason Steeno and Pamela M. Heinrich bring a wealth of experience in financial services and regulatory insights.

December 14, 2022
The Labor Department has been wrestling with its independent contractor rules for several years.
The Department of Labor is intent on reshaping its independent contractor rule.

DOL receives nearly 50k comments on independent contractor rule

The DOL independent contractor proposal would make it harder for companies to treat workers as independent contractors, potentially upending several industries, including financial services.

Michigan woman charged with insurance fraud

December 14, 2022

Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced today that an Oakland County woman charged with…

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