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.
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.
Tri-State Consumer Insurance Company (Tri-State) will pay a $500,000 penalty to New York State for multiple violations.
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.
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.
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.
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.
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.
Binghamton, N.Y. (June 29, 2021) – Columbian Mutual Life Insurance Company today announced that its Board of Directors has unanimously…
CHATTANOOGA, Tenn. (June 28, 2021) — Companies have a new option to customize financial protection benefits for their workers, thanks to…
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 and Alabama became the latest pair of states to adopt updated annuity sales rules based on a National Association of Insurance Commissioners’ model regulation.
American International Group, Inc. today released its first Environmental, Social and Governance (ESG) Report detailing the company’s strategic progress.
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.
Engineering The Future — With Christopher Stroup
Christopher Stroup uses his engineering skills to help his clients plan for their unique needs.
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.
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.
‘Interruptions’ Can Bring Opportunities
Positioning yourself to move with life’s challenges will help you focus more on what matters most.
Separating The Wheat From Chaff
When it comes to marketing efforts, too many advisors expend either too much effort or not enough.