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GCG Financial rebrands to Alera Group

November 14, 2022

GCG Financial, a full-service financial services firm, announced that it is changing its corporate branding to Alera Group.

November 14, 2022
Economics will impact upcoming elections.

Economics will define politics post-midterm, journalist says

The 2022 midterm election defied the norms. How will the results impact the economy and policy over the next two years?

An insured American’s lifetime health care expenses may top $700K

November 14, 2022

An insured American with an employer-sponsored health insurance plan can expect to spend more than $320,000 (including insurance premiums and out-of-pocket costs) during his/her adult lifetime, according to new consumer research from Synchrony.

November 14, 2022
Now is "perfect time" for fixed rate annuities, expert says.

Now is a ‘perfect time’ for preretirees to consider FIAs, expert says

The current market environment “could not be a more perfect time” for those who are in the “retirement red zone” to add a fixed indexed annuity to their portfolio.

Break the auto insurance buying cycle with telematics solutions

November 14, 2022

Smart auto insurance marketers are boosting their return on investment by augmenting their traditional data targeting strategies with telematics data, and using audience targeting to reach the best prospects for their business.

COVID-19 public health emergency extended through spring 2023

November 11, 2022

The COVID-19 public health emergency will be extended into another year, as CNBC quoted a Biden administration official as saying Friday that the emergency will be extended through spring 2023.

November 11, 2022

Unleash the power of the metaverse

By Panos Leledakis You’ve heard of the metaverse, but do you know what it is? And, to take it one…

November 11, 2022

Medicare beneficiaries have more Medicare Advantage and Part D plans available for 2023

For 2023, the typical beneficiary has a choice of 43 Medicare Advantage plans as an alternative to traditional Medicare, a new KFF analysis finds. That’s an increase of 5 plans on average from 2022, adding even more choices to the Medicare Advantage marketplace.

November 11, 2022
Jackson National is reshuffling its annuity product mix
Jackson National is riding out the VA sales slump.

Jackson National overcomes annuity sales decline in strong third quarter

Jackson National overcame declining annuity sales to finish the third quarter with strong revenue growth that won over Wall Street.

How big data can combine with AI to insure older vehicles

November 11, 2022

In-depth analyses of vehicle data, images and driver histories can help carriers develop customized policies.

November 11, 2022
Cyberattacks impact 80 of firms surveyed.

Ransomware, cyberattacks impact 80% of firms surveyed

A new report from Delinea, an access management and security company, found that nearly 8 out of 10 companies it surveyed have had to use their cyber insurance and more than half of those have used it multiple times.

November 10, 2022
State regulators are tinkering again with illustration regulations
A "quick fix" proposal for IUL illustrations earned a nod from regulators Wednesday.

‘Quick fix’ concept for IUL illustrations advanced, with some dissent

A state insurance regulator subgroup came up with a “quick fix” Wednesday to address faulty illustration problems within the Actuarial Guideline 49-A.

AIMCOR acquires McQueen Kalligan Insurance Services

November 10, 2022

AIMCOR Consolidated, a joint venture between AIMCOR Group and AmeriLife Group, announced today that it has acquired brokerage general agency…

The Inflation Reduction Act creates urgency for clients to make large gifts

November 10, 2022

This new law’s provisions — along with the forthcoming sunset of the gift tax exemption levels that were part of the 2017 tax reform law — make this an attractive time for high net worth clients to consider making large gifts.

November 9, 2022
Passing on wealth.

Study finds passing on wealth planned, but not discussed

About 8 in 10 respondents to a recent study said they are taking steps to pass on wealth to their heirs, but are not discussing their plans with heirs – in some cases, in order to avoid any conflict such plans may evoke.

The magic trick to extrapolate client spending

November 9, 2022

By Emma Cramm Daily, financial planners answer their clients’ heart-wrenching question: “Am I on track?” The answer requires quantitative data…

1 in 3 made changes to investment portfolios in past 6 months

November 9, 2022

As inflation continues to pose challenges for American adults’ financial strategies, New York Life’s latest Wealth Watch survey has found that people are coping by adjusting debt management and investment strategies, although the financial guidance informing these strategy adjustments varies by generational cohort.

National Life approves $26.5M in dividends

November 9, 2022

The National Life Group Board of Directors has approved an estimated payment of approximately $26.5 million in dividends to eligible participating policyholders in 2023.

Give clients a 3C experience

November 9, 2022

An experience that impacts carriers and colleagues, as well as clients, creates maximum growth.

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