The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for October. The actions are…
Formerly licensed insurance agent Vincent Allen LaGrange, 66, of Seal Beach, was sentenced today in San Bernardino County Superior Court…
Brighthouse ratchets up annuity sales amid tough economic quarter
Brighthouse missed revenue estimates and posted a net loss available to shareholders of $702 million. Annuity sales were up significantly, however.
Customer satisfaction with auto insurance industry declines, study finds
Despite technological innovations and a growing emphasis on customer service, customer contentment with auto insurance industry is declining, according to a J.D. Power claims satisfaction study.
Survey: Americans fear recession, seek personalized financial advice
Many Americans fear the country may slide into recession, according to a new MDRT study, which also found that people would prefer personalized financial advice rather than relying on digital platforms or “universal rules.”
AmeriLife acquiring TruChoice to create ‘a force to be reckoned with’
AmeriLife Group, a national leader in marketing, and distributing life and health insurance products, will acquire TruChoice Financial Group in an industry altering deal.
Life insurance gap persists for Black Americans
With a life insurance gap still present among Black Americans, an MDRT member shares some critical insights agents should keep top-of-mind as they pursue the African- American market.
Static assumptions do not account for unforeseen risks
How do financial professionals incorporate conversations around the risk of long-term care into their planning?
Number of uninsured women grows for sixth year, study finds
For the sixth consecutive year, the percentage of uninsured women has increased, according to the 2022 Insurance Barometer Study by LIMRA and Life Happens.
A report shows that the average American is spending $1,705 per year on auto insurance in 2022, up 4% from 2021 and a whopping 17% from 2020.
Communities of color at risk from climate-related health hazards
Climate change is bringing a host of health risks, including extreme heat, poor air quality, increased risk of vector-borne disease, and more frequent and more devastating weather events such as hurricanes and floods. But not all populations are affected equally by the climate-related health risks.
Allianz Life announced today that its latest guaranteed income product, Allianz Lifetime Income+ Annuity with the Lifetime Income Benefit, is now available in defined contribution plans nationwide.
Equitable rides index-linked annuity sales success to strong 3Q
When Equitable came out with the first registered indexed-linked annuity in 2011, the industry gave it the skeptical side eye, an executive recalled.
Would life insurance be available for a $1.9B Powerball winner?
Many lottery winners purchase life insurance to cover any estate tax bill should the winner suddenly pass away. But will life insurance that large even be available to a solo winner of the $1.5 billion Powerball jackpot?
As annual open enrollment shifts into full swing, a new survey commissioned by Alegeus shows that increasing financial and job insecurity are forcing employees to consider their employer-sponsored benefits choices, especially their personal strategies around consumer-driven health accounts like health savings accounts and flexible spending accounts.
Results published today from the Employee Benefit Research Institute found that financial well-being programs are being added or improved to increase worker satisfaction and retention.
Genworth LTC rate increases helping insurer gain strength
Court settlements and rate actions are helping Genworth massage losses with its block of troubled long-tern care policies, executives said Wednesday.
More than half of surveyed small-businesses owners indicated that they do not have basic insurance protection for their small business.
Lincoln Financial talks up rebuilding plan amid $2.6B loss
Lincoln reassessed its lapse calculations and found reserves far short of what is needed for its block of guaranteed universal life insurance.
