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Bill Would Change How Social Security COLA Is Calculated

July 12, 2021

U.S. Rep. John Garamendi, R-Calif., recently introduced the Fair COLA for Seniors Act of 2021 to require Social Security to use the Consumer Price Index for the Elderly to calculate a “fairer cost of living adjustment” (COLA) for seniors.

July 8, 2021

Universal Life Sales Hit ‘All-Time Low’ In 1st Quarter, Wink Reports

First-quarter non-variable universal life insurance sales were down double digits, according to Wink’s Sales & Market Report.

NY Insurer Fined $500,000 For Alleged Unlawful Use Of Data To Set Rates

July 8, 2021

Tri-State Consumer Insurance Company (Tri-State) will pay a $500,000 penalty to New York State for multiple violations.

July 8, 2021

Americans Putting COVID-19 Financial Panic In The Past, Allianz Finds

Less than half (48%) of Americans say they are worried about a major recession, a number that has been steadily declining recently and is down from 65% this time last year, a new Allianz study finds.

July 7, 2021

Hall of Fame, Fall of Shame: Marshall Faulk Loves Planning With Insurance

Why are so many professional athletes going broke? Stories of those who made it big, those who crashed and burned, and those who devoted their careers to providing the right kind of financial advice.

July 7, 2021

Green-Thumb Index Strategies For All Seasons

Rather than try to project the best annuity index strategy — because you really can’t — a better approach is to allocate among index crediting strategies based on the anticipated environment.

July 6, 2021

Black American Life Insurance Ownership Up During Pandemic: Study

Black Americans were significantly more likely to be concerned about being able to save for an emergency fund, pay their monthly bills and their mortgage, and leaving their families in a difficult situation due to a premature death.

July 5, 2021

3 Proven Ways To Engage With Clients About Annuities

Start the conversation by looking to understand what your clients’ goals and objectives are, along with their risk tolerance, and concerns about outliving their income.

Columbian Financial Group Announces Strategic Transaction With Constellation

July 1, 2021

Binghamton, N.Y. (June 29, 2021) – Columbian Mutual Life Insurance Company today announced that its Board of Directors has unanimously…

Unum Adds Chronic Care Rider To Life Insurance

July 1, 2021

CHATTANOOGA, Tenn. (June 28, 2021) — Companies have a new option to customize financial protection benefits for their workers, thanks to…

July 1, 2021

How Today’s Annuities Serve The Needs Of Tomorrow’s Retirees

Fixed and fixed index annuities, with their guaranteed income benefit options, can put clients’ minds at ease because they provide an income stream that annuity owners cannot outlive.

Virginia, Alabama, Adopt Amended Annuity Sales Rules

July 1, 2021

Virginia and Alabama became the latest pair of states to adopt updated annuity sales rules based on a National Association of Insurance Commissioners’ model regulation.

AIG Releases First Environmental, Social And Governance Report

July 1, 2021

American International Group, Inc. today released its first Environmental, Social and Governance (ESG) Report detailing the company’s strategic progress.

July 1, 2021

Warren Buffett: Pandemic’s Impact Still Hard To Predict

Billionaire Warren Buffett says the one constant throughout the coronavirus pandemic has been that it has been difficult to predict how it would affect the economy, but clearly it has devastated many small businesses and individuals.

July 1, 2021

Engineering The Future — With Christopher Stroup

Christopher Stroup uses his engineering skills to help his clients plan for their unique needs.

July 1, 2021

From Door to Door to Top Producer – with Shane Westhoelter

Shane Westhoelter started out selling small insurance policies door to door until a child’s death made him realize his “why.” In this interview with Publisher Paul Feldman, Westhoelter describes how endurance, persistence and focus led him to become a top producer.

July 1, 2021

Accelerated Underwriting Data Reporting Pushed To 2024

A National Association of Insurance Commissioners’ working group delayed defining accelerated underwriting and related data elements for another year.

July 1, 2021

‘Interruptions’ Can Bring Opportunities

Positioning yourself to move with life’s challenges will help you focus more on what matters most.

July 1, 2021

Separating The Wheat From Chaff

When it comes to marketing efforts, too many advisors expend either too much effort or not enough.

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