With natural catastrophe losses at record levels and spiraling costs from inflation, insurers, reinsurers, and property owners are girding for one of the toughest markets ever as they head to the January 1 renewal period.
A comprehensive Ernst & Young analysis of retirement savings scenarios concluded that integrating insurance products into a financial plan significantly boosts value to investors when compared with investment-only strategies.
Health agents who sold Affordable Care Act coverage from Friday Health Plans received their commissions from the carrier after waiting months for payment.
A Department of Labor spokesman says the agency has no confirmed date to release its long-awaited fiduciary rule, contrary to a report last week.
The U.S. insurance industry’s top market conduct compliance challenges continue to relate to various claims handling requirements, including timeliness, required disclosures, along with payments and grievance and appeal processes—as well as underwriting, rating, marketing and producer requirements.
This new program was created to provide accessible whole life and accident insurance options to underserved markets across Massachusetts.
Two recent studies found that financial firms and advisors are branching out into social media, including TikTok and Reddit, which can provide some useful information along with the latest dance moves.
The average consumer has saved $141,000 for their retirement and is likely going to live in retirement for 18 years. How will those economics cover a long-term care event?
The future is under no obligation to go along with your clients’ lack of plans and the end of 2022 brings with it some unique opportunities for your clients and for you.
The burgeoning and critical need for mental health resources in the U.S. extends well beyond families and schools to the workplace, with more than half of employers saying that mental health issues have affected their businesses in the past year, according to a recent study.
The Office of Management and Budget reportedly finished reviewing the Department of Labor’s Environmental, Social and Governance investing rule, but critics are roasting the strategy as “socialism.”
Surveys from Wells Fargo and Janus Henderson Investing found investors are anxious about the stock market and inflation, with some wishing they could cash out. They are staying put, but keeping a close eye on what comes next.
Katharine Marshall, principal with Mercer’s Law and Policy Group, listed what group health plan sponsors must to do prepare for the end of the public health emergency.
Third-quarter sales of deferred annuities soared nearly 21% over the year-ago quarter, according to Wink’s Sales & Market Report.
A J.D.Power study found customers are initiating purchase of life insurance much more frequently than before, with industry-wide quote rates rising last year for the first time in 30 years, and increasing another 9% this year.
Nearly half of Americans surveyed (47%) are adult caregivers, or expect to take on a caregiving role in the next three years — but only 16% of Americans say
they are very familiar with the features and benefits of solutions that can help cover the cost of long-term care, according to new research from Lincoln Financial Group.
A North Carolina Superior Court judge placed two financially impaired insurance companies owned by disgraced billionaire Greg Lindberg into liquidation Monday.
The Texas Department of Insurance ordered Friday Health Plans to stop offering health policies for 2023 on that state’s Affordable Care Act marketplace, although the carrier continues to offer off-exchange plans.
As advisors increasingly work with clients and prospects virtually as well as in-person, many are looking for ways to successfully carry out one of their most critical tasks: obtaining referrals and introductions.
