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Life application activity down in July, MIB Index reports

August 4, 2022

U.S. life insurance application activity declined in July 2022 compared to July 2021, with Year-over-Year (YOY) activity at -7.7%. When…

Companion Data Services part of AWS Partner Network

August 4, 2022

Columbia, S.C. – Companion Data Services, LLC (CDS) is pleased to announce that we are part of Amazon Web Services…

Iowa woman charged with insurance fraud

August 4, 2022

Angelina Marie Majors, 46, of Fort Dodge, Iowa, was charged with one count of Insurance Fraud – Presenting False Information…

5 things an attorney would tell your clients about insurance

August 4, 2022

A personal injury attorney gives his take on any everyone should have sufficient coverage.

August 4, 2022
Millennials struggle with long-term debt.

Millennials struggle as average debt exceeds $100K

The average millennial in the U.S. owes $117, 000, according to a recent survey. This staggering amount of debt is preventing many of them from saving for major adult milestones while also creating an opportunity for financial advisors.

5 strategies to streamline the recovery and restoration process

August 3, 2022

Although no one can fully anticipate a disaster, there are tried-and-true methods for ensuring that the recovery and restoration process goes as smoothly — and quickly — as possible.

August 3, 2022
Prudential remains committed to its life business, executives said today.
Prudential reported strong second-quarter earnings.

Prudential CEO Lowrey: We’ll manage life business ‘very, very carefully’

Prudential CEO Charles Lowrey lauded the potential in the life insurance business during a second-quarter earnings call with industry analysts, but said the insurer will move with caution.

August 3, 2022
Poorer communities lose the chance to make life-altering friendships, a new study finds.
A new Harvard study finds that making the right friends impacts a person's financial outcomes.

Harvard study: how poor people stay poor – and how to fix it

A massive study shows that poor people need not only an economically diverse environment to move up the ladder, but also a low barrier to making friends.

IRS escalating attacks on some captive insurance companies

August 3, 2022

The tax benefits of forming a captive insurance company can be attractive. However, these benefits should be secondary to the need for the various types of insurance a captive can provide.

August 2, 2022
Telematics-for-discounts programs are showing mixed results.
Only a small percentage of consumers are taking advantage of telematics technology to get discounts, according to recent studies.

More drivers accept telematic tracking for insurance, studies show

Although acceptance of using driving data for decreased insurance rates is growing, only a small percentage of consumers who have access to their telematic data use it for user-based insurance.

August 2, 2022
Federal regulations are putting the "F" in fiduciary for health plans.
Federal regulations impact self-funded employer-sponsored health plans and how employers are required to act in a fiduciary capacity.

Legislation aims to bring transparency to health care

How federal regulations impact self-funded employer-sponsored health plans

NAIC committee adopts pet insurance model law

August 1, 2022

A state regulator group adopted a pet insurance model law today in an effort to standardize the product across state…

August 1, 2022

NAIC special committee focused on access to health networks by minorities

Inequities in health care can be viewed every day when looking at which populations have easy access to specific levels…

Louisiana: Insurers have paid $13.1B in Hurricane Ida claims

August 1, 2022

Insurers have paid or reserved to pay $13.1 billion on all types of Hurricane Ida-related claims in Louisiana through June…

August 1, 2022
African american applicant signing contract after job interview at office

As Insurance Industry Increases Minority Hiring, Exit Rate Also Increases

While the hiring rate of Black employees in the insurance business is double that of other employee groups, Black workers are leaving the workforce at rates significantly higher than other groups.

Wisconsin reminds residents about no-cost contraception with most health plans

August 1, 2022

Wisconsin Insurance Commissioner Nathan Houdek is reminding residents of reproductive health care options that are likely covered by their health…

Are we in a recession or not?

August 1, 2022

By Brad McMillan The first estimate of national economic growth, the gross domestic product (GDP), came in this morning at…

August 1, 2022

Moving the needle on DEI

Progress is being made on improving the industry’s diversity, equity and inclusion efforts. How far have we come?

Virtual reality: The new frontier in reaching prospects and clients

August 1, 2022

An expert explains why using virtual reality can “make insurance cool for new generations.”

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