Three hot topics at once. Talk about efficiency! Beyond efficiency, though, I do think there is a fairly deep connection here—and one that is worth talking about right now.
Carmen Hall Soruco, 70, and her husband Antonio Soruco, 75, both of Novato, Calif., were sentenced last week after pleading…
Strongest Life-Annuity Market In 20 Years, Conning Says
Conning researchers say that consumers are looking for more annuity opportunities as they near retirement and seek better returns in a low-interest rate environment.
Regulators Split On Plan For Insolvent Pennsylvania Health Insurer
Senior Health Insurance Company of Pennsylvania was put into rehabilitation in 2021 by the Commonwealth Court of Pennsylvania after regulators said it was “statutorily insolvent.”
San Francisco, CA – February 15th, 2022 – RetireOne, an independent platform for fee-based insurance solutions, today announced they have…
WASHINGTON, D.C. – Bipartisan legislation to eliminate a barrier preventing lifetime income products as default investment choices in retirement plans…
Raising Interest Rates To Curb Inflation: What Could Go Wrong?
It’s part of the mandated job of the U.S. Federal Reserve to prevent inflation from getting out of hand – and lowering it back to its preferred pace of about 2%. To do that, the Fed has signaled it plans to raise interest rates several times this year.
Businesses, Individuals Face Onerous Insurance Disclosure Obligations In NY
A quiet bill passed in New York on the final day of 2021 threatens to have major consequences for the…
The California Department of Insurance has issued a Cease and Desist Order against First Continental Life & Accident Insurance Company…
ST. LOUIS – February 15, 2022 – According to a new study from financial services firm Edward Jones and Morning…
JERSEY CITY, N.J., Feb. 15, 2022 (GLOBE NEWSWIRE) — Private U.S. property/casualty insurers saw a $5.6 billion net underwriting loss…
New York, February 15, 2022 – Boost Insurance (“Boost”) alongside go-to-market partner, Breach Insurance (“Breach”), an insurtech that provides insurance…
Technology Can Help Insurers Snag Potential Buyers Who Remain ‘Stuck’
Every year, more than 17 million life insurance policy applications die on the vine – each one a “stuck shopper” who begins an application but does not complete the process.
Randall Smith, 64, of Oceanside, Calif., was convicted on one felony count of forgery after misusing his power of attorney…
Investment App Usage Bloomed As COVID-19 Spread, Survey Finds
According to a poll of nearly 2000 investment app users by The Penny Hoarder, two out of three (66%), said they started investing during the pandemic, and 67% said the pandemic was the reason they became more serious investors.
MetLife Considering Sale Of Variable Annuity Block, Reuters Reports
MetLife is just starting to work with an investment bank on selling the VA business to focus on higher-growth segments, according to Reuters.
CINCINNATI, Feb. 11, 2022 (GLOBE NEWSWIRE) — Ohio National Financial Services, Inc. announced today it finished 2021 with $1.5 billion…
Brighthouse Boosts Sales On Growing VA, SmartCare Sellers
Brighthouse Financial showed strong sales in its Shield Level index-linked annuities and in its SmartCare indexed universal life insurance with a long-term care component, although some losses dragged on the company’s bottom line
The 3 Buckets To Attract And Retain Minority Job Candidates
Black professionals are seeing increased opportunities, but the insurance and financial services industry has more to do in attracting Black job candidates, according to a presenter at a National African American Insurance Association event.