JERSEY CITY, N.J., May 26, 2022 (GLOBE NEWSWIRE) — Despite experiencing an underwriting loss, the property/casualty insurance industry ended 2021…
Advisors and consumers agree on need for retirement income planning
New research from The American College of Financial Services indicates that independent financial advisors and consumers are aligned on the need for specialized services, especially those focused on retirement income planning.
The Massachusetts Supreme Judicial Court declared that three restaurants suffered no “direct physical loss” From COVID-19 closure orders, becoming the first state high court in the U.S. to rule against policyholders over pandemic losses.
Columbus, OH— To address growing concerns about market volatility, Nationwide has added new index options to one of its indexed…
WASHINGTON, D.C. – Per the overwhelming support of the NAILBA members, Finseca and NAILBA have officially voted to merge and…
Pandemic, disparities, trust erosion challenge health care
Improving the health care system while negotiating the pandemic created significant challenges for the health care industry.
Few players propelling huge private equity push into insurance
Private equity has been accelerating a boom in huge reinsurance deals, but driven by relatively few players, who are attracting attention from legislators and regulators.
NAIFA symposium provides insight, advice on engaging a more diverse client base
Diversity, equity and inclusion were on the agenda at a recent National Association of Insurance and Financial Advisors symposium.
Retirement savings legislation ‘cool,’ NAIFA members told
If retirement savings legislation such as SECURE 2.0 is popular, why is the bill still in a Senate committee?
AIG back on top of first-quarter annuity sales, LIMRA reports
American International Group roared to the top of first-quarter annuity sales, according to LIMRA’s U.S. Individual Annuity Sales Survey.
The NAIFA Foundation for Financial Security, created by the National Association of Insurance and Financial Advisors (NAIFA), aims to grow the…
Insurance execs and others weigh in on the industry’s critical talent gap
It is estimated that nearly a half-million insurance workers will leave their jobs in the next few years, creating openings that the industry may find impossible to fill. Insurance executives and others weigh in on the issue.
Allianz Sells $120B In Assets To Voya After ‘Historic’ Fraud Case
The Allianz Global Investors unit fabricated reports to hide risks that left it vulnerable to the 2020 market shock, when it lost $7 billion, according to the Securities and Exchange Commission.
Industry Looks To Extend COVID-Related Life Insurance Sales Boom
According to research unveiled by the Society of Insurance Research, COVID may have changed people’s perceptions of life insurance.
Pace of Rate Hikes May Determine Benefit to Annuity Sellers
A recent Fed report looked at two different scenarios: slow sustained rates increasing over time, and a short-term significant rise in rates. The former scenario is considered good for insurance companies and their earnings.
Lisa Gomez could get a long-awaited vote next week on confirmation to lead the Department of Labor’s Employee Benefits Security Administration.
The National Association of Insurance and Financial Advisors will kick off their annual Diversity Symposium before heading to the Capitol for their Congressional Conference.
DOL Official: We’re Watching Aggressive Marketing Of Retirement Products
What is the Department of Labor doing to regulate retirement product sales?
Higher costs for construction materials and labor have caused elevated loss severity for homeowners and commercial property insurers, which will…