Amid rising premiums, health insurance subsidies keep pace.
New research from Lincoln Financial Group shows 45% of employees surveyed expect inflation will impact their benefit decisions this year.
Surveys find economists agree recession likely, as consumer fatigue sets in
A Bloomberg analysis showed that a recession was 100% likely by next October, echoing other surveys. Meanwhile, consumers are not even trying to prepare, according to a Bankrate survey.
NEW YORK–(BUSINESS WIRE)–Equitable President Nick Lane will be honored with the 2022 Marine Corps University Foundation (MCU Foundation) and Alumni…
Amid high inflation, survey finds retirees spending more than they can afford
With inflation at an all-time high, retirees are finding it difficult to make ends meet and many are spending more in 2022 than they can afford, a recent survey finds.
Here are tips for policyholders when faced with business interruption losses and the need to prepare an insurance claim.
How to run the perfect virtual client meeting
COVID-19 changed the way we all do business. We are no longer guaranteed face-to-face meetings with potential clients and business partners. Our session will teach you how to master the virtual client meeting and what advantages online meetings might have for your practice.
Study targeting young insurance workers finds job commitment
A recent study among 1,000 young insurance professionals found that 92% see themselves remaining at their current insurance job for…
New York State Superintendent of Financial Services Adrienne A. Harris announced that EyeMed Vision Care will pay a $4.5 million penalty to New York State for violations of DFS’s Cybersecurity Regulation that contributed to the exposure of hundreds of thousands of consumers’ sensitive, non-public, personal health data, including data concerning minors.
Colonial Surety’s new Commercial General Liability offering provides insurance coverage for small businesses against claims made by others including bodily injury, damage to property, or personal injury.
Transamerica announced the availability of a new universal life insurance policy designed specifically to be a voluntary workplace benefit, and a combination of available riders that, for a fee, could potentially pay up to three times the value of the policy’s death benefit.
A federal judge approved a $25 million settlement between Genworth and a class of more than 13,400 plaintiffs alleging that policyholders of the company’s Gold and Gold II universal life insurance policies were subject to unlawful cost of insurance (COI) increases.
Fewer minority consumers receiving advice, but more are open to it
BIPOC populations are more open to working with a financial professional even though fewer BIPOC Americans are getting that professional advice.
Life insurance is more relevant and accessible than consumers believe it to be.
Next year, individual market premium rates will decrease 4% on average, with the greatest decrease at 10%.
The National Association of Professional Insurance Agents and the American Insurance Marketing and Sales Society have announced they will combine entities to redefine the future of insurance education.
The 2023 numbers from Social Security and Medicare provide an opportunity for clients and advisors to discuss retirement plans, the role of Social Security, Medicare premiums, and other healthcare costs that need to planned for in retirement.
Gerald F. Hemphill, CIC, LUTCF, of Richmond, Virginia was installed as president of the National Association of Professional Insurance Agents during the organization’s board of directors meeting held in San Diego, California.
The Employee Benefit Research Institute announced the launch of a re-envisioned Ballpark E$timate calculator to help individuals estimate their savings needs and future spending during retirement.
