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Ex-State Farm employees allege discrimination by the company in several lawsuits.

Employees (62%) are also very satisfied with their employment-based retirement savings plans. In fact, 60 % of them say that their retirement plans continue to be an anchor of financial well-being, which is a 5% increase from 2020.
COVID-19 is having a wide-ranging impact on the economy, but not so much on life insurance claims.

Currently, having contracted COVID-19 does not jeopardize applicants’ chance at getting a life insurance policy, nor does it directly affect their rates, but that leniency could change soon.
The Mesa Millions jackpot is up to more than $1 billion.

The self-described “Annuity King” escalated his battle with federal authorities with a lawsuit alleging “rogue, out-of-control, above-the-law” conduct by agents who investigated him.

DPL Financial Partners’ 2021 RIA Retirement Planning Survey looked into the ways this era of low interest rates is impacting the way advisors look at various retirement income strategies and how they put those strategies into practice for their clients.

American insurance companies have always been data driven. Now synthetic data generated by artificial intelligence promises to uncover new opportunities to generate revenue and eliminate risk – all while overcoming the costs and challenges that arise when using consumers’ and policy holders’ personal information.

The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and appeal processes—as well as underwriting, rating and insurance producer and sales issues.
Young people can be helped make better financial choices if they get the right financial education early on, studies show.

Almost half of American workers said their financial situation has been negatively impacted by the COVID-19 pandemic, but that impact varies among the four generations who are in the workforce.
Ex-State Farm employees allege discrimination by the company in several lawsuits.

The president of the Ford Foundation called for a national mobilization of private capital and public policy to invest in underserved communities and help close the racial wealth gap.
Web conference calls are becoming the norm in the business world after the pandemic.

The hybrid workplace is here to stay. Workers want it but leaders fear it. A speaker discussed the common fears that leaders have about flexible work during the American Council of Life Insurers annual conference.

Voluntary benefit plans can offset thousands of dollars of medical expenses – especially those that are a result of hospitalizations. Yet, in some instances, the promise and potential of voluntary benefits has largely gone underappreciated or even unnoticed.

Michigan Department of Insurance and Financial Services (DIFS) Director Anita Fox announced a guilty plea from a Portland woman who filed false insurance claims totaling more than $135,000.