The U.S. and global economies have shown some improvements since the spring, when business lockdowns were widespread, but they are nowhere close to fully healed. The Federal Reserve and the U.S. government get a lot of the credit for the rally after pouring trillions of dollars into the economy.
In a two-parent household, both parents must be involved in order for the school-at-home experience to be a success, said Brian and Kelly Haney. Brian Haney founded The Haney Company, a Maryland financial services firm. The biggest mistake many parents make is trying to replicate the classroom setting at home, Kelly said.
Kent Sullivan has notified Governor Greg Abbott that he will resign as Texas Insurance Commissioner in September to return to the private sector.
Industry trade associations applauded a new rule today from the Trump administration requiring retirement plans to provide an illustration of the amount of monthly income that might be generated by an individual’s retirement savings.
As Democrats prepare to nominate former Vice President Joe Biden Thursday to oppose President Donald Trump, the party platform calls for a variety of tax increases and yet another regulation redo on financial advice and sales standards.
Half of all Americans would experience financial hardship if they had to cover an emergency expense of $1,000 or less in the next 30 days, according to a new Charles Schwab Financial Literacy Survey conducted by The Harris Poll. Nearly two-thirds of U.S. adults chose financial education as the most important supplemental graduation requirement.
Mortgage delinquencies are increasing faster than they did during the Great Recession. The good news is that it appears to be slowing down. The bad news is that a second great shutdown combined with lax federal aid might make for an ugly third and fourth quarter.
A national survey of Big “I” leadership agencies by the Independent Insurance Agents & Brokers of America shows that the COVID-19 pandemic continues to have a significant impact on the day-to-day operations of independent insurance agencies as the crisis lingers.
Transamerica announced today that it is now offering a new funeral concierge benefit at no direct cost for qualifying life…
The Securities and Exchange Commission today announced that Caroline A. Crenshaw and Hester M. Peirce have been sworn into office as SEC commissioners.
In 2017, after an analysis of public comments on the Obama fiduciary rule, the Wall Street Journal reported that “40% of respondents didn’t write the posts that were attributed to them,” with “most of the 345 comments [analyzed] critical of the fiduciary rule.” A trio of senators fear a new rule might also be attracting fake comments.
A National Association of Insurance Commissioners’ committee adopted changed today to Actuarial Guideline 49, changes designed to tighten up indexed universal life illustrations. The vote was nearly unanimous, with New York voting No.
AIG announced that David McElroy, currently President and Chief Executive Officer of the North American operations of General Insurance, has been promoted to Chief Executive Officer, General Insurance, and Executive Vice President, AIG, effective immediately.
Former Federal Reserve Chair Janet Yellen was among a team of advisers who briefed Joe Biden on Thursday about the economic fallout from the coronavirus. Kamala Harris, participated in the briefing from separate, socially distanced tables at a hotel in Wilmington, Delaware.
Nearly 80 percent of Black Americans said having life insurance is a goal for them, a 2019 New York Life study found, versus 63 percent of all adults. Many of the barriers to life insurance ownership in Black communities can be traced to several myths about the process.
The Prudential Financial Wellness Census showed that Americans who are employed are looking to their workplace as a source of financial health, and the carrier has launched a package designed for these financially stressed employees and time-strapped human resources teams.
The continued hardening of the insurance markets will have far-ranging implications up and down the broker ecosystem.
When their term life insurance became unaffordable, two middle-market consumers were amazed at the options permanent life insurance afforded them.
A North Carolina judge refused to overturn insurance magnate Greg Lindberg’s conviction on bribery charges and also denied a motion for a new trial. Lindberg, a Durham, N.C., billionaire, was convicted of using the promise of millions in campaign money to bribe state insurance commissioner Mike Causey.
