Revolving Credit Balances Reach Pre-Pandemic Levels
The last time revolving credit balances were over $1 trillion was in April 2020, before the COVID-19 pandemic slowed consumer spending.
The last time revolving credit balances were over $1 trillion was in April 2020, before the COVID-19 pandemic slowed consumer spending.
Insurance producers accounted for nearly 42,000 fines in 2020, while 1,275 licenses were suspended and another 1,468 licenses were revoked.
FineFix, Maryland’s uninsured motorist fine forgiveness program, officially ended on July 31, 2021.
Recordkeepers and advisors using iJoin will be able to offer the Allianz Lifetime Income+ Annuity with the Lifetime Income Benefit as a protected accumulation and decumulation option in 401(k)s and other defined contribution plans.
A new lawsuit was filed Tuesday by a group of prominent Chicago restaurant owners. The group is suing insurers in state court, claiming that government pandemic restrictions caused the physical damage required to trigger coverage under their policies.
SmartRetirement Plus will be delivered through an intuitive digital experience that provides participants with information on how to convert retirement plan savings into retirement income.
The 2022 MDRT Executive Committee ushers in an integrated approach to supporting the financial services profession, as Randy Scritchfield takes his place as 96th president and Carol Kheng joins as secretary.
According to a new survey from the New York Federal Reserve, 50.1% of respondents expect to keep working past the age of 62. That’s an almost 2% decline from the year before.
American International Group today announced that Peter Zaffino, president and CEO, will assume the additional role of chairman of the Board of Directors, effective Jan. 1, 2022.
In April 2020, as Americans were receiving their first relief checks and many businesses shuttered their doors to the public, the saving rate hit an all-time high of 33.7%. It peaked again in March 2021, as the latest round of relief payments were received. As of June, it was 9.4%.
The Wisconsin Office of the Commissioner of Insurance released August’s administrative actions on Tuesday.
LIMRA and the Society of Actuaries (SOA) Research Institute announced today a new three-year partnership to collect and process data to be used in industry-wide experience studies.
Zurich North America has named Carl Sutter Head of Distribution for U.S. Middle Market.
Three former National Football League players have pleaded guilty for their roles in a nationwide scheme to defraud a health care benefit program for retired NFL players.
According to the insurance industry research and analytics group LIMRA, life insurance policies were sold during the first quarter of the year at a pace unmatched in decades.
Crafting your client base can be a daunting task, but simplifying it to a system that’s easy to digest will streamline your search process. The “ABC” system that I use is interlinked, as each component depends on, and thrives off one another.
Life insurance agents now can offer their existing clients a product that allows policy owners to keep their policies while eliminating their out-of-pocket premium payments.
Crafting your client base can be a daunting task, but simplifying it to a system that’s easy to digest will streamline your search process. The “ABC” system that I use is interlinked, as each component depends on, and thrives off one another.
There is no getting around it; to succeed, you must prospect consistently and comfortably. When you are ready to make your appointment setting calls, does your heart rate speed up, does your mouth goes dry, and do you think, “I hate prospecting”?