President Donald J. Trump nominates Alexander Acosta to lead the Department of Labor. Acosta, who has undergraduate and law degrees from Harvard University, becomes the first Hispanic in the cabinet.
Reports surfaced that GOP senators withdrew support for the nomination of Andrew Puzder as secretary of the Department of Labor. His Senate hearing was set for Thursday morning.
The Centers for Medicare & Medicaid Services (CMS) has proposed a rule aimed at providing consumers with more health insurance…
Bankers Life will remain focused on developing agents who have some experience but who harbor ambitions of broadening their horizons by becoming financial advisors, a company executive said.
Andrew Puzder, President Trump’s nominee to run the Department of Labor, finally gets his Senate confirmation hearing Thursday morning. The hearing, which has been delayed three times, is sure to feature questions on the DOL fiduciary rule.
A-lister Johnny Depp filed a lawsuit against The Management Group, a financial advisory firm he hired in 1999, claiming they wasted his fortune on bad investments. The firm has countersued. What can advisors learn here?
In their own words, advisors explain the support they want and need when it comes to building investment and income portfolios for their clients.
Members of the National Association of Health Underwriters (NAHU) are gathering Tuesday and Wednesday in Washington for their 27th annual Capitol Conference.
FIA Distribution Could Turn into ‘Monopoly’
An exemption allowing only the largest independent marketing organizations to sell fixed indexed annuities under the fiduciary rule threatens to create a “monopoly” of distributors, according to an insurance company executive.
If successful, a delay would push back the April 10 applicability date for the Department of Labor fiduciary rule mandates. The Trump administration will have to work fast to get the delay on the books, one expert says.
The Affordable Care Act is not disappearing fast enough for some Congressional Republicans who are pushing for a hearing on a reconciliation bill that could repeal the health care law.
A delayed fiduciary rule will have little or no impact on the middle market business segments served by CNO Financial Group, a company executive said.
DOL fiduciary rule opponents lost a third case Wednesday when Dallas Judge Barbara M.G. Lynn upheld the rule in a much-anticipated decision. Delay hopes now likely rest with Trump administration.
Sen. Elizabeth Warren releases an update to a report she says shows rampant sales incentives leading to a corrupt environment.
The Department of Labor has asked federal Judge Barbara M.G. Lynn for a one-month stay in the U.S. Chamber of Commerce lawsuit to reverse the fiduciary rule.
Employers are offering more high-deductible health plans and voluntary income protection products to their benefits, but fewer employees are enrolling as costs rise for those plans, too.
The new CEO of AmeriLife gives his views.
Will the Department of Labor delay the fiduciary rule created by the former administration? If it can get over some tough legal hurdles.
With agent commissions slashed and consumer costs snowballing, health insurance agents are taking their message to Congress.
