During these difficult times, your practice has no doubt been impacted by COVID-19. Calming customers has likely involved a large percentage of your time. While that is vitally important, it’s also important to lead well in your practice.

Overall 2019 indexed annuity sales were $73.2 billion, a record-setting year that ended with a slowdown, reports Wink’s Sales & Market Report. Indexed annuity sales for the fourth quarter were $17.1 billion, down 8.1% when compared to the previous quarter, and down 10.6% when compared with the same period last year.

The National Association of Insurance Commissioners are hosting a webinar Friday to discuss pandemic information and readiness, along with its impact on the insurance industry.

Clients may have some confusion about the COVID-19 virus. Health insurance brokers can help break through that confusion and be a trusted source of information.

LIMRA and LOMA are canceling all industry meetings and conferences through April due to coronavirus concerns. The move comes as President Donald Trump urged Americans to avoid meeting in any groups of 10 or more.

As millions of Americans shelter in place, work from home, or face business closures and layoffs, the number of cars on the road has fallen precipitously and, as a result, the number of daily car accidents will diminish dramatically, consumer groups say.

New York regulators adopted a new emergency regulation requiring New York State insurance companies to waive cost-sharing, including, deductibles, copayments, or coinsurance for in-network telehealth visits.

As seniors read the news and contemplate how to stop the bleeding of their hard-earned savings and wonder what to start doing to preserve what they have left while ensuing their ability to capture opportunities after the market recovers (and it will), what are seniors being told to do?

According to the Secure Retirement Institute U.S. annuity sales rankings, Jackson was the top seller of total annuities in 2019. Jackson retakes the lead position after losing it to AIG in 2018.

As equities markets plummet, analysts expect fixed annuity sales to pick up, as they did after the 2008 crash. But some key differences might suppress indexed products.

Health care costs keep rising and consumers aren’t the only ones feeling the financial pain. Employers also are seeing their expenses rise, and are beginning to question those expenses.

The federal government filed a motion today in a North Carolina court for forfeiture of nearly $1.5 million seized from insurance magnate Greg Lindberg, who was convicted on bribery charges last week.

Companies are already cutting annuity rates. Premium bonuses and agent commissions might be next, says annuity analyst Sheryl Moore.