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Although partisan rule reversals are common in the federal government, the SEC generally observes a different sense of decorum, one leading expert says. However, a Biden administration might have other tools at its disposal to toughen up RegBI.

According to the World Health Organization, more than 60% of health outcomes are the result of social determinants of health such as economic strain, food insecurity, housing instability, social isolation and poor health literacy. These social risk factors in people’s lives create significant impacts in their health outcomes, utilization patterns and costs.

The NAIC Executive Committee established the special committee this summer and gave it four charges and instructions to report back by the end of the year. Ray Farmer, South Carolina insurance commissioner and 2020 president of the NAIC, said the work will take much longer than that.

Prospecting, obtaining referrals and securing business in financial services require a foundation of trust among multiple parties. You can use just five percent of your time to network with confidence – generating and maintaining likability and trust by elevating your professional presence.

Researchers estimate 1.9 million adults became newly uninsured from late April through mid-July. Conducted by researchers at the Urban Institute with funding from the Robert Wood Johnson Foundation, the study analyzes data from the U.S. Census Bureau’s Household Pulse Survey.

With the COVID-19 news better, the economic recovery remains on track, albeit with some areas of concern. One worth watching is consumer confidence and spending, with signs of weakness. Financial markets continue to show turbulence, as investors process the headlines. Let’s take a look at the details.

The problem for the DOL is one of time. There might not be enough of it to do a major rewrite, and all of the analysis and legal testing that goes along with that. Ideally, the agency would need to publish its final rule by Nov. 1 at the latest, a former DOL official said Wednesday.

As employers look for new ways to contain health care costs, more are looking into reference-based pricing – the model that sets top prices for specific prescriptions, procedures and services. Because this model is still relatively new, your clients (and their employees) may have more questions and require more education than with other plans.

Whether it’s life insurance, annuities, stocks, bonds or any other product, contract or construct, the need for or desire to own the products you sell relies on your client’s perception of the current and future tax implications. And the tax code is a rapidly moving target.

Biden’s public option would be an option similar to Medicare that would reduce costs for patients by negotiating lower prices from hospitals and other health care providers with better coordination between a patient’s doctors to improve quality of care, and would cover primary care without any copayments.

The state supreme court heard arguments last week in Citizens Property Insurance vs Manor House. The latter is an apartment complex that was damaged extensively by Hurricane Frances, which ripped through Florida in early September 2004. Several courts have heard the plaintiffs claim for reimbursement of lost rental income.

A lengthy process to merge the Association for Advanced Life Underwriting  and GAMA International came closer to completion this week when the new trade association revealed its name: Finseca. The new group starts with “just under 6,000 members,” CEO Marc Cadin says, with plans to grow.

When we focus on our closes, we’re chasing commissions, not building our business. We spend time with prospects who will never buy from us because we’re afraid – afraid we’ll lose something we don’t have. What would Tom Brady do?

The COVID-19 pandemic has put a spotlight on the significant role life insurance plays in the cycle of life, as well as the importance of modernizing the sales model to withstand dramatic disruptions to the ways the industry typically operates.