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September 1, 2021

This Is Real Life!

A couple of nights before Thanksgiving 2016, I took a break from holiday preparations to sit down at the computer and read some stories.

September 1, 2021

The Need For Life Insurance Has Never Been Greater

This moment is an opportunity for our industry to fulfill our mission and help millions of families protect their financial future.

August 31, 2021
The American Council of Life Insurers released its July 2025 Financial Resilience Index measuring middle-class households’ ability to manage financial challenges and plan for a stable future.

Want ‘Diamond Hands?’ Buy An Annuity!

The consequences of the emotional buying and selling that’s done in up and down markets grow exponentially as we age. The question to ask ourselves is, “What should we do about it?”

Colorado Leads The Nation In Auto Thefts, NICB Reports

August 31, 2021

DES PLAINES, Ill., Aug. 31, 2021 /PRNewswire/ — The National Insurance Crime Bureau’s Hot Spots report shows Colorado auto thefts…

Ellen Cooper Will Lead Lincoln Financial Group In May 2022

August 30, 2021

Lincoln Financial Group today announced that Dennis R. Glass, president and CEO, will transition roles following the 2022 Annual Meeting…

August 30, 2021
"Cheers" ran on NBC from 1982 to 1993.

No ‘Cheers’ For Boston Bar Owner In Pandemic Coverage Lawsuit

A federal judge dismissed a business interruption lawsuit brought by the owner of four Boston-area tavern-restaurants, including the famed Cheers tavern that inspired the popular 1980s sitcom.

Life Settlement Broker Vs. Provider: What’s The Difference?

August 30, 2021

The life settlement process can be complicated and confusing for policyholders.

August 26, 2021
An Ohio man is going to prison for fraud
Jason E. Adkins, 46, solicited victims from all over the country and world, authorities said.

SEC Claims Texas Advisor Used Life Insurance To Fuel $58M Scam

According to court documents, Robert J. Mueller, allegedly pitched a scam that began be persuading investors to cash out annuities or individual retirement accounts to invest in funds Mueller controlled.

Empathy Partners With New York Life On Mobile App For Those Dealing With Loss

August 26, 2021

Empathy, a platform helping families navigate the logistical and emotional journeys they face after losing a loved one, today announced a concept partnership with New York Life1, America’s largest2 and most admired3 mutual life insurer.

Lemonade Accused Of Illegally Collecting Consumer Data In New Lawsuit

August 25, 2021

A New York man seeks class-action status for his lawsuit claiming that digital insurer Lemonade is unlawfully collecting customer’s biometric data.

August 25, 2021
Colorado lawmakers are trying to address safety with a bevy of wildfire-related bills.

Public Option Push Slows As Colorado Meets On Its Law

The Colorado insurance department is meeting with insurance companies and others on Thursday to discuss the details of and concerns about the state’s new public option law. Momentum has meanwhile stalled at the state and federal level.

How Metallica Made A Common Mistake In Suing Lloyd’s Of London

August 25, 2021

It came as a surprise for many when iconic heavy metal-rock & roll band Metallica and insurance monolith Lloyd’s of London (Lloyd’s) recently shared headlines.

Darryl Button Named President And CEO Of Pacific Life

August 25, 2021

Pacific Life Insurance Company announced today that Darryl Button has been named CEO-Elect and will become president and CEO of Pacific Life, succeeding chairman, president and CEO Jim Morris, on April 1, 2022, upon Mr. Morris’ retirement.

August 24, 2021
Inflation is hitting Black Americans hard
Inflation woes are making it more difficult for Black Americans to prepare for retirement.

DOL Still Isn’t Ready For Its Own Lifetime Income Rule

The Department of Labor’s lifetime income illustration rule requiring pension and retirement plan providers to issue an annual projection for clients goes into effect in September but the department still has not produced a final rule.

Michigan Producer Wrote ‘Fraudulent Certificates Of Insurance,’ Docs Say

August 24, 2021

A Michigan producer issued fraudulent Farm Bureau insurance policies, regulators said Monday in a final cease-and-desist order.

August 24, 2021
Employees are growing more concerned about their finances.

Finances Top Worker Concerns, But Bosses Don’t Get It

A MetLife study using Chamber of Commerce data shows employees are worried about finances but employers are not sharpening their focus on their workers’ financial well-being.

COVID-19 Drove Insurance Sales In Past Year, MDRT Survey Showed

August 23, 2021

The COVID-19 pandemic was one of the biggest drivers – if not the biggest driver – of the insurance market in the last year and a half. That’s the word from a recent survey taken on behalf of the Million Dollar Round Table.

August 23, 2021
A Maryland financial company allegedly sold insurance to clients who didn't ask for it.
Clients unwittingly bought insurance policies they didn't ask for, investigators said.

Ex-California Insurance Agent Allegedly Stole $1.2M From Elderly Clients

Former licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested after a Department of Insurance investigation found he allegedly stole over $1.2 million from more than 20 victims, including 14 seniors.

Percentage Of Americans Without Health Insurance Held Steady Throughout Pandemic

August 23, 2021

Despite the economic ravages of the COVID-19 pandemic, the percentage of adults in the United States without health insurance held…

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