The spike in cybercrime has driven demand for cyber insurance, and prospective buyers are requesting higher limits. Price and capacity remain notable barriers, however, and it is too early to say if demand will translate into sustained market growth.
CARMEL, Ind., Jan. 14, 2021 /PRNewswire/ — Washington National Insurance Company, a national provider of supplemental health and life insurance products for middle-income…
DES MOINES, Iowa–(BUSINESS WIRE)– The prolonged economic impacts of COVID-19 are wearing on small and medium-sized businesses as owners report…
Financial services trade associations raise substantial sums of political action committee funds, money that supports lobbying efforts on important issues. In light of last week’s mob attack on the Capitol and the tense political atmosphere, trade associations are reviewing donor policies.
“Clients buy life insurance for someone else, but they buy DI for themselves.” — Brokers give their disability insurance perspective and positioning during a NAILBA Engage virtual event.
What The Most Successful Advisors Know
One of the hardest transitions for insurance agents and financial advisors is that leap from good to great. Advisors stuck on the plateau of good might try working harder and smarter, but they still struggle to scale their practice.
Biden To Nominate Gary Gensler To Head SEC, Reports Say
Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, Reuters reported Tuesday. The appointment is likely to prompt concern among Wall Street firms of tougher regulation.
WASHINGTON, D.C., January 11, 2021 – Certified Financial Planner Board of Standards, Inc. (CFP Board) reported strong increases in the…
COLUMBUS, Ga., Jan. 12, 2021 /PRNewswire/ — Aflac, a leading provider of supplemental insurance products in the U.S., today announced the national…
PORTLAND, Ore. — Jan. 12, 2021 — Today, The Standard announces its first of several new annuity products launching this…
The report found 82% of older women said they have a plan for retirement income, but only about 1 in 3 has a formal written retirement plan in place. Only 12% of women feel highly knowledgeable about long-term care and only 27% have a plan to fund it, despite the fact that 50% of women expect to require it.
Several more states are moving quickly to add a best-interest annuity sales standard to its regulation of insurance products. The latest states to pursue the best-interest model law put forth by the National Association of Insurance Commissioners are Michigan, Arkansas, Maine and Nebraska.
The nation’s largest financial firms as well as a major health insurance system are halting political donations after an attempt to disrupt the certification of the election resulted in a riot that killed five people.
Life Insurance Key To Financial Client Satisfaction, Report Shows
Financial advisor clients feel better about their financial situation when they believe their advisor has recommended the right amount of life insurance for them, according to research conducted by Jamie Hopkins. But a third of advisors think that half their clients don’t have the right amount of life insurance.
Learn To Recognize Your Penultimate Moment
The diversity of penultimate moments can make them difficult to recognize if you aren’t looking for them. Many people in various industries focus only on an envisioned finish line instead of their personal or professional journeys. Aside from making life duller, this outlook also turns life events from steps to evaluate into obstacles to overcome.
The nomination of Walsh was rumored for weeks, but comes two days after Democrats swept a pair of Senate races in Georgia. The wins by Rafael Warnock and Jon Ossoff over Republican incumbents Kelly Loeffler and David Perdue, respectively, gives Democrats control of the Senate.
Biden Win Confirmed After Pro-Trump Mob Storms US Capitol
Congress confirmed Democrat Joe Biden as the presidential election winner early Thursday after a violent mob loyal to President Donald Trump stormed the U.S. Capitol in a stunning attempt to overturn America’s presidential election, undercut the nation’s democracy and keep Trump in the White House.
Democrats sweeping both Senate races in Georgia frees up Biden to pick a more left-leaning candidate for labor secretary. For starters, he doesn’t have to worry so much about a difficult Senate confirmation fight. Secondly, pro-worker issues requiring legislation at least have a fighting chance of passing Congress.
The Congressional Review Act was a little-used device that Republicans used frequently early in the Trump presidency. It’s a model that a Democrat-controlled Senate could employ to kill two rules that invited public scorn.
