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December 10, 2024
Image shows money and a gavel.
Three brokers and five insurance companies sold an elderly man annuities that were unsuitable, his widow claims in a New York lawsuit.

Widow of NYC man who jumped to his death sues brokers, insurers over annuity sales

The widow of a New York City man who committed suicide last summer by jumping off a building is suing three brokers and five companies for allegedly selling him improper annuities.

December 9, 2024
Image shows a map of Altoona and the suspect in the shooting death of UnitedHealthcare CEO Brian Thompson.
Police made an arrest today in connected with the shooting death of UnitedHealthcare CEO Brian Thompson.

Police announce arrest in connection with murder of UnitedHealthcare CEO

Police announced an arrest today in connection with the brazen midday shooting death of UnitedHealthcare CEO Brian Thompson Wednesday in Manhattan.

December 9, 2024
Image of a senior citizen looking into a storefront that has a sign labeled "LTC Plans." Need an image for: LTCi: Several options available to fit client needs.

LTCi: Growing number of options available to fit client needs

Life insurance with either long-term care riders or chronic illness riders are picking up steam in the marketplace.

December 9, 2024
Illustration of a giant $100 bill against the backdrop of the U.S. Capitol Building.

How SECURE impacts inherited IRA beneficiaries

Americans held $33 trillion in individual retirement accounts in 2022, and many of those IRA holders have yet to withdraw their funds and pay taxes on them.

December 6, 2024
Image of a person struggling to build a robot, surrounded by pieces. Building-vs-buying-an-AI-solution-What-should-insurtechs-consider.

Building vs buying an AI solution: What should insurtechs consider?

Insurtechs and insurers leveraging AI are considering whether to build or buy their solutions. What’s the best answer?

December 6, 2024
Image of a runner at the head of the pack, about to win the race. 2024 headed for record annuity sales says LIMRA
2024 is headed for record annuity sales, says LIMRA.

LIMRA: Annuity sales on track to set new record in 2024

Total annuity sales increased 23% to $331.2 billion in the first nine months of the 2024, on pace for another record-breaking year.

December 6, 2024

2025 insurance outlook: Dealmaking, distribution, capacity and innovation

The coming year brings many reasons for cautious optimism across the industry.

December 5, 2024
A patient undergoing surgery has a started look on his face, with a cartoon bubble that says, "Sir, we need you to approve another hour of anesthesia ..." Anthem-BCBS-anesthesia-covrerage.

Anthem BCBS backs down on plan to limit anesthesia coverage

Anthem Blue Cross Blue Shield is backing down from a plan that would have set limits on the amount of time it will pay for anesthesia in certain surgeries.

December 5, 2024
Image shows a graphic of 6%
Life insurance new premium is on the rise, LIMRA says.

New life insurance premium rises 6% in third quarter, LIMRA reports

After a strong third quarter that saw life insurance new premium rise 6%, LIMRA executives are ready to declare a fourth consecutive year of record-high new premium.

December 5, 2024
Image shows late UnitedHealth CEO Brian Thompson and a gavel
UnitedHealth and late CEO Brian Thompson allegedly kept secrets from investors, a lawsuit claims.

Thompson, UnitedHealth kept probe secret and misled investors, lawsuit claims

UnitedHealthcare and late CEO Brian Thompson are named in a new amended complaint alleging that executives sold stock while keeping a DOJ probe from investors.

December 5, 2024
Image shows the words "403(b) Plan"
A California lawsuit challenges the costs associated with in-plan annuities.

California teachers: In-plan annuity rider fees unfair; lawsuit in mediation

Several California teacher lawsuits over in-plan annuity costs has been consolidated into one case involving rider fees.

December 4, 2024
Image shows a graphic simulating a performance review
Performance reviews often generate a mix of anticipation and anxiety.

Performance review crash course: 4 tips to get you prepared

By reviewing your accomplishments, researching compensation data, and mentally preparing, you can walk into your meeting with confidence, ready to map out the next steps in your career.

December 4, 2024
Image shows three stop signs.
Three Utah insurers were ordered this week to stop writing business in the state by Dec. 31.

Utah issues order for A-Cap insurers to stop doing business due to reserving concerns

Utah Insurance Commissioner Jonathan T. Pike signed an order Monday barring Sentinel Security Life Insurance Co. from writing new business in the state after Dec. 31.

December 4, 2024
Illustration of the U.S. Capitol Building with the large word "TAX" across the dome. New-Congress-will-focus-on-tax-reform.

NAIFA looks at how new Congress may focus on tax reform

The Nov. 5 election is now history, and the nation and the financial services industry is looking ahead to see what a new administration and a new Congress will do after taking office in January.

December 4, 2024
Image shows UnitedHealthcare CEO Brian Thompson
UnitedHealthcare CEO Brian Thompson was killed by a gunman today in New York City.

UnitedHealthcare CEO Brian Thompson shot dead in NYC attack

UnitedHealthcare CEO Brian Thompson was shot and killed in midtown Manhattan on Wednesday morning, according to media reports.

December 4, 2024

Small businesses need actuaries’ support to protect against novel risks

There is a significant gap between well-established actuarial science on the one hand and the IRS’s perspective on captive insurance risk on the other.

December 4, 2024
Photo illustration of small human figures standing atop a pile of coins with the letters "LTC" overlaying the image. Long-term-care-needs-will-only-increase-as-more-Americans-age.

Long-term care needs will only increase as more Americans age

The age wave means more older Americans need long-term care – and that need will only increase.

December 4, 2024
Illustration of a figure balancing on a tightrope surrounded by financial charts. How-financial-advisors-can-help-clients-improve-financial-stability.

How financial advisors can help clients improve financial stability

While a recent study credits employers for helping improve workers’ financial health, financial advisors also can assist clients in this way.

December 3, 2024
Illustration of the United States map, with the letters "LTC" overlaying it. Long-term-care---A-view-from-the-states.

Long-term care: A view from the states

With an increasing number of Americans needing care, states are looking at how they can mitigate these costs without any significant federal action.

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