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November 25, 2024

Year-end planning errors retirees should avoid

Year end is a great time to make sure retirement savings strategies are optimized.

November 25, 2024
Image shows a lady justice figure in front of a crown scene.
States are sure to pass more privacy laws in the coming years, experts say.

More proxy discrimination state laws are on the way, panel agrees

Executives agreed during a risk appraisal forum at NAILBA 43 that future state-based regulations are sure to impact underwriting.

November 25, 2024
Image of Donald Trump with a $100 bill, with the words "Affordable Care Act" overlaying the image. Medicaid-ACA-most-likely-to-be-impacted-by-new-administration.

Medicaid, ACA most likely to be impacted in Trump administration, panel says

Medicaid and the Affordable Care Act are two health care issues most likely to be impacted in the new administration.

November 22, 2024
Image shows the Upstream logo
Concerns are growing about the financial strength of Upstream Life Insurance Co.

Upstream Life fights for annuity business amid ratings slide, Texas order

A small Mississippi life insurer offering the highest annuity rates in the 5-year MYGA market is drawing concerns over its financial condition.

November 22, 2024
Image of a person being checked by software to see if it is a deepfake. Deepfake-detection-software-helping-insurers-fight-fraud.

Deepfake detection software helping insurers fight fraud

The ease of creating convincing deepfake images and even videos is threatening to increase insurance fraud.

November 21, 2024

P/C market showing signs of stabilization

Insurers are seeing meaningful improvements in net income.

November 21, 2024
AI-usage-outpacing-regulation-NAIC-panel-told

AI usage outpacing regulation, NAIC panel told

The use of AI has skyrocketed in the few short years it has been in existence, and AI usage has reached the point where is outpacing regulation, NAIC’s Big Data and Artificial Intelligence (H) Working Group was told.

November 21, 2024

CMS algorithms unfairly target agents, HAFA CEO says

The Centers for Medicare and Medicaid Services is using algorithms that “seem to go after good agents who are minority agents and, therefore their minority communities,” the CEO of a health insurance agents association told a National Association of Insurance Commissioners working group.

November 20, 2024
Marc Rowan, Apollo Global Management CEO, is reportedly a candidate for Treasury Secretary.
Marc Rowan, Apollo Global Management CEO, is reportedly a top candidate for treasury secretary.

Apollo CEO Marc Rowan reportedly a contender for Trump treasury secretary

Marc Rowan, billionaire co-founder and CEO of Apollo Global Management, Inc., has reportedly emerged as a key candidate for treasury secretary.

November 20, 2024

Social cultivation: How to talk with wealthy prospects

Social cultivation is the name of the game when it comes to developing relationships with wealthy prospects.

November 20, 2024
Photo illustration of Greg Lindberg next to a toy house with the stenciled stamp reading "DENY!" overlapping the image. Lindberg request for residential detention hit by prosecutors.

Lindberg request for residential detention hit by prosecutors

Prosecutors push back on a request by convicted fraudster Greg Lindberg to serve time in a halfway house near his home.

November 20, 2024
Illustration of a stack of cash with a red line slashed through it. Another-Medicare-carrier-stops-paying-commissions.

Another Medicare carrier stops paying commissions

The Medicare open enrollment period already was off to a rocky start and it just became a bit rockier.

November 19, 2024
Dr. Mehmet Oz (Photo by Anthony Behar/Sipa USA)

Trump to nominate Dr. Oz to lead CMS

President-elect Donald Trump said he would nominate Dr. Mehmet Oz to lead the Centers for Medicare & Medicaid Services.

November 19, 2024
Photo illustration of a person sitting at a desk with many financial papers, with a large question mark superimposed over the scene. How-important-is-a-written-financial-plan.

How important is a written financial plan?

Financial advisory practices that incorporate comprehensive services, including a written financial plan, are more successful.

November 19, 2024
Image of a diverse crowd of people standing in front of the Capitol building in Washington, D.C.

Coalition wants to advise people impacted by policy changes in new administration

An advisor is forming a coalition of professionals to support underserved groups and said he was inspired to do so by the Nov. 5 election results and concerns from clients about what policy changes a new administration and a new Congress could mean for them.

November 19, 2024
Image shows a shredded Social Security card and the words, "Fixed By Year Three?"
Social Security will not likely be on the new president's agenda, analysts agreed.

Social Security fix unlikely until at least year 3 of Trump agenda, say analysts

Don’t expect the Trump team to prod Congress to tackle the looming Social Security problem anytime soon. If at all.

November 18, 2024

IUL: Definitions you should know

The many variations of universal life insurance are almost always confusing to clients and, often, their agents.

November 18, 2024

Should auto insurers offer V2X discounts?

V2X is highly effective and, together with planned infrastructure deployments, could save thousands of lives each year in the U.S. alone.

November 18, 2024
Photo illustration of a Medicare card torn in half with the words "Now what?" written above. Many-Americans-fear-Medicare-wont-be-there-when-they-need-it.

Study: Many Americans fear Medicare won’t be there when they need it

Americans are increasingly concerned about the future of Medicare, with many fearing that the program will not be around when they need it.

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