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Investment Advice Rule Could Still End Up Back In Court

March 12, 2021

There could be plenty more changes in store before the investment advice rule is finally in place, said Brad Campbell, a partner at Faegre Drinker Biddle & Reath, during a Thursday webinar sponsored by the National Association for Fixed Annuities.

Improve Employer-Sponsored Health Insurance To Preserve It, AHIP Members Told

March 11, 2021

The employer sponsored insurance system “has been popular and resilient” and is here to stay, a policy think tank expert told attendees at America’s Health Insurance Plans’ virtual National Health Policy Conference on Thursday. But he added that it needs to be improved to ensure preservation.

IRA Account Balances On The Rise

March 11, 2021

Washington, D.C. – March 11, 2021 – A new study conducted by the Employee Benefit Research Institute examining individual account…

Public Option, Medicare Buy-In ‘Don’t Have A Chance,’ AHIP Members Told

March 10, 2021

With Democrats holding a razor thin majority in Congress, and with some Democrats having misgivings on expanding the government’s role in health care, there is not enough support in Congress for a public option or Medicare buy-in, a consultant said during America’s Health Insurance Plans’ virtual National Health Policy Conference.

March 10, 2021
FILE PHOTO: Then-Commodity Futures Trading Commission Chair Gary Gensler testifies at a Senate Banking, Housing and Urban Affairs Committee hearing on Capitol Hill July 30, 2013. REUTERS/Jose Luis Magana/File Photo

SEC Nominee Gary Gensler Wins Key Senate Committee Vote

Gensler was chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014, and since November has led Biden’s transition planning for financial industry oversight. At the CFTC, Gensler implemented dramatic new swaps trading rules mandated by Congress.

March 10, 2021

Women in Insurance and Finance

In this rapidly diversifying country, the insurance and financial services industries are trying to catch up and diversify in advisors and clientele. Women are growing in percentage of agents and advisors, but progress has been slow. In this webinar, we will discuss the challenges women face in doing business in what has been a male-dominated business.

AHIP Launches Initiative To Vaccinate 2M At-Risk Seniors

March 10, 2021

America’s Health Insurance Plans, along with the Blue Cross Blue Shield Association, launched the Vaccine Community Connectors initiative.

GOP Leaders Out To Kill ‘Death Tax’

March 10, 2021

GOP senators reintroduced the Death Tax Repeal Act of 2021 Tuesday, while Rep. Jason Smith, R-Mo., introduced companion legislation in the House of Representatives. Republicans have persistently introduced legislation to repeal the estate tax, without success.

COVID-19 Relief Bill’s Health Care Impact ‘Significant,’ AHIP Members Told

March 10, 2021

Some items in the American Rescue Plan impact health care and have not attracted as much attention as other provisions, such as $1,400 stimulus checks.

Integrity Marketing Group Acquires Copeland Insurance Group

March 10, 2021

DALLAS – March 9, 2021 – Integrity Marketing Group, the nation’s largest independent distributor of life and health insurance products,…

Introverted Clients Need Introverted Planners

March 10, 2021

Having good rapport with prospective clients is often deemed more important than educating them. A lot of bright and talented young people I meet and speak with today are passionate about serving clients. Many of them also worry that being introverted or quiet will disqualify them from fulfilling that mission.

Life Events When Your Client May Need An Attorney

March 9, 2021

Although no insurance professional should provide legal advice to clients, they often can provide a nudge to clue the client in on issues that may require legal representation or, at minimum, some legal advice.

Annuity Sales Down 9% In Pandemic-Plagued 2020, LIMRA Finds

March 9, 2021

U.S. annuity sales totaled $219 billion in 2020, 9% lower than sales in 2019, according to results from the Secure Retirement Institute U.S. Individual Annuity Sales Survey. But in the fourth quarter, annuity sales rebounded to pre-pandemic levels.

Pandemic Impacted Even The Most Successful Financial Professionals

March 9, 2021

COLUMBUS, Ohio, March 1, 2021 — As the COVID-19 pandemic persists, the impact has been felt by advisors and financial professionals, even the…

COVID-19 Insurance Claim Denial Lawsuit Will Proceed: Judge

March 8, 2021

So far, insurers have been mostly successful at fending off business interruption lawsuits stemming from the COVID-19 pandemic. Disputes are generally focused on whether the virus is a valid exclusion under policies.

More Women Prioritize Day-To-Day Expenses Because Of COVID-19

March 8, 2021

Radnor, Pa., March 8, 2021 – One-third of women say they are struggling to make ends meet, according to new…

Nationwide Launches New Heights Select FIA

March 8, 2021

Columbus, OH—March 8, 2021—Nationwide has joined with product development partner Annexus, the premier independent designer of fixed indexed annuities, to…

Athene-Apollo Deal Opens Door Wider For Annuities

March 8, 2021

Fully merging Athene into Apollo Global Management creates enticing possibilities to tie investment strategies with retirement income, the executives said today. That likely leads to more annuity sales in the long run.

Commercial Insurance Rates Take Another Hike In Q4

March 8, 2021

ARLINGTON, VA, March 8, 2021 — U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020, according…

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