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June 13, 2022
Fed Rate hike expected.

Fed eyes big rate boost while half of Americans say they are worse off today

The Federal Reserve board is reportedly considering a 100 basis-point increase to its funds rate on Wednesday, while a New York Fed report shows that nearly half of Americans say they are worse off than they were a year ago.

AmeriLife announces strategic investment from Genstar Capital

June 13, 2022

CLEARWATER, Fla. – June 13, 2022 – AmeriLife Group announced an investment from Genstar Capital, a leading private equity firm focused…

June 13, 2022
Americans are often less healthy than their parents.

We’re less healthy than our parents – and that’s bad news for retirement

People are living longer with chronic diseases, and that will impact their retirement finances as well as their quality of life in the post-employment years.

Usage-based auto insurance takes center stage as satisfaction flatlines, J.D. Power finds

June 13, 2022

A record high number of serious collisions, skyrocketing used-vehicle prices and surging repair costs have created an unenviable scenario for…

40% of advisory assets will transition in 10 years, Cerulli says

June 13, 2022

June 13, 2022, BOSTON—Within the next 10 years, 37% of financial advisors, collectively controlling $10.4 trillion, or 40% of total industry…

June 13, 2022
5 strategies to preserve retirement buying power during an inflation spike

5 strategies to preserve retirement buying power during an inflation spike

We talk to experts who look at 5 strategies for dealing with inflation pressure on retirement savings to help preserve retirement buying power during this record period of inflation.

June 10, 2022
Inflation reaches record high.

As inflation hits 40-year high of 8.6%, experts look ahead

The US said Friday the Consumer Price Index rose to 8.6%, a level not seen for 40 years.

June 9, 2022

Survey: Millennials lead in having a financial advisor, stress saving

Survey finds 75% of U.S. Millennials have a professional financial advisor—a higher percentage than either Generation X (67%) or Baby Boomers (70%)— and 86% have clear financial goals.

June 9, 2022
Hand businessman putting pin money into pig. Future needs loan education or mortgage credit spend vacation of dream effective buying financial risk and safety concept

Experts: 4 retirement income strategies to match any client’s style

There’s a role for retirement income investments based on a client’s retirement income style.

Decentralized autonomous organizations: Health care in the metaverse

June 9, 2022

Health care DAOs are the latest step in a bold move to not only define a new blueprint for the metaverse, but create a more efficient and less-costly health care system.

June 8, 2022
Security Exchange Committee SEC. Independent agency of the United States federal government.

SEC’s proposed private equity rule receives pushback, added time for comment

With days left in the comment period, more 230 letters have been submitted on the SEC’s wide-ranging private funds rule changes.

June 8, 2022
Georgia wants to set up its own health insurance marketplace.
The federal government says Georgia's health insurance marketplace plan does not meet regulations.

CMS speaks: Failing to pay agent commissions violates ACA

Health insurance agents have complained for years that some insurers have reduced or eliminated commissions on individual health coverage sold through the marketplaces during special enrollment periods. CMS addressed the issue this week.

U.S. life insurance activity flat in May

June 7, 2022

U.S. life insurance application activity was flat in May 2022 compared to May 2021, with Year-over-Year results at -1.4% and…

California insurance broker allegedly pocketed auto insurance premiums

June 7, 2022

Formerly licensed insurance broker Robert Minero, 39, of Downey, Calif., was arraigned on five felony counts including insurance fraud and…

State credit quality appears stable for now, but concerns are on horizon

June 7, 2022

High inflation, rising interest rates, financial market volatility and a potential economic slowdown may create challenging conditions for the economic future of many states.

June 7, 2022
Folder with close up on the word claims and a note where it is written under investigation. Concept of insurance fraud, 3d Illustration

As insurance fraud attempts rise, LIMRA beefs up FraudShare

LIMRA is partnering with Verisk to add greater data and analytic capability to its FraudShare program as account takeover and other fraud attempts increase.

Course correction: Insurers revisit portfolio strategies

June 6, 2022

Monetary policy is poised to tighten, inflation has been stubbornly high and rates are trending upward. What does this mean for insurers’ portfolios?

Wisconsin Insurance Commissioner Releases May Enforcement Actions

June 6, 2022

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for April. The actions are…

June 6, 2022

Annuity ownership drives retirement savings confidence, Athene finds

While nearly half of American adults saving for retirement (49%) feel that they are on track to reach their retirement savings goals, annuity ownership can truly differentiate their outlook for the better, according to a recent study from Athene.

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