SECURE is being called the most significant pension reform in more than a decade and will mean more annuity sales. But experts say it might take a while for annuity acceptance to grow.
A study from Allianz Life finds worries about market volatility are on the wane. But consumers are still worried about the rising cost of living and its impact on retirement income.
A bill introduced by State Sen. Annette Taddeo, D, would make Florida the 12th state to elect its insurance commissioner.
Every year, millions of dollars in life insurance benefits go unclaimed because beneficiaries are unaware of the coverage or don’t have basic information about the policies. The level of knowledge about life insurance policies varies according to generational cohort.
The lawsuit targets two of Security Benefit’s FIAs, the Total Value and Secure Income annuities, both of which were offered with proprietary indices that the company advertised as “capable of producing double-digit returns,” the lawsuit alleged.
For risk professionals, the impact of the digital revolution is twofold. First, they are tasked with using new and emerging technologies to assess and mitigate their organization’s risks and identify any related opportunities.
The Trump administration is finalizing a block grant plan that targets the Medicaid expansion brought about under the Affordable Care Act, Politico reported Friday.
President Donald Trump reassured his Twitter followers that he would keep Social Security benefits safe from any possible cuts after an interview in which he implied he would be open to cuts in entitlement programs including Medicare.
Accelerated underwriting holds the promise of being able to cut the agent’s time spent selling a $500,000 policy from 20 hours to roughly five, one industry expert says. That could mean a lot more policies sold to a middle market that is woefully lacking in life insurance coverage.
America’s Health Insurance Plans wants the U.S. Supreme Court to decide quickly on whether the Affordable Care Act is valid. Arguments center on the Republican-led Congress’ passage of the Tax Cuts and Jobs Act in 2017, which eliminated – or zeroed out – the ACA’s penalty for people who did not have health insurance.
Having a CRM will help keep your business running smoother and more successfully, all while saving you and your clients time and money. The author explains all the ways a good CRM makes the advisor’s life a lot easier to manage and be successful.
A group of 18 Blue Cross Blue Shield health insurers is helping to create a nonprofit drug company to make certain generic drugs itself. The insurers are targeting medicines where there is a lack of competition and a need to bring down prices.
The president suggested he would be willing to consider cuts to programs such as Medicare to reduce the federal deficit if he wins a second term. Spending on Social Security, Medicare and Medicaid is expected to cost the federal government more than $30 trillion through 2029, according to the Congressional Budget Office.
Employers play a role in increasing their employees’ financial confidence, particularly when it comes to offering insurance products that can contribute to an employees’ bottom line, and ultimately help them feel prepared for whatever life brings them.
The National Association of Insurance Commissioners recently named 32 consumer liaison representatives for 2020.
Some finance pros are suggesting that clients consider protecting some of the gains they earned during the market surge of the past year by moving them into a safer product – an insurance product.
The NAIC Executive Committee and Plenary will hold a joint meeting on Thursday, Feb. 13 and could vote to adopt new annuity sales rules. The model articulates a best-interest standard through the following four obligations: care, disclosure, conflict of interest and documentation.
A federal appeals court recently ordered the United States to make good on a structured annuity the former Executive Life Insurance Company of New York (ELNY) was paying to a burn victim. The decision calls attention to the security of long-term annuity promises when an insurance company goes out of business.
The American Medical Association and the American College of Physicians want to see everyone get coverage but have differing ideas on how to get there.
