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Top Stories

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May 29, 2025
Image of a large group of senior citizens standing in front of a large sign stating "Crisis." Is-longevity-Americas-new-retirement-crisis.

Is longevity America’s new retirement crisis?

Americans are so concerned about the cost of living that they don’t want to live to be 100 years old, a new study finds.

May 28, 2025
Image shows a cartoon man at an office desk
F&G Annuities & Life lays off 192 people in both its Des Moines, Iowa headquarters, as well as some remote positions.

F&G Annuities & Life lays off 192 in bid to ‘efficiently scale’ business

F&G Annuities & Life laid off 192 employees across both its home offices in Des Moines, Iowa and remote functions.

May 28, 2025
Illustration of an expert drawing an AI framework diagram on a whiteboard.

Free online tool helps insurers map out AI governance framework

Insurers now have a free resource to help develop their AI governance frameworks thanks to a new online assessment tool offered by SAS.

May 28, 2025
Image of a senior couple fashioned out of clay. The-Reshaping-of-Retirement--The-sequence-of-returns-risk.

The Reshaping of Retirement: Volatility and the ‘sequence of returns’

As a record number of baby boomers retire, the convergence of market instability and geopolitical uncertainty is reshaping retirement.

May 27, 2025
Illustration showng the evolution of humans with the legend: "FIA Indices Evolve." FIA-indices-evolve-as-the-interest-rate-environment-changes.

FIA indices evolve as the interest rate environment changes

Insurance companies continue to add newly launched indices to their fixed indexed annuity products, leading to a growing need to educate on the difference between live and back-tested index performance to help properly set policyholder expectations.

May 27, 2025
health CMS

Health agents prepare for potential class action suit against CMS

A Washington law firm is interviewing health advisors who were unfairly targeted by the Centers for Medicare and Medicaid Services in preparation for a potential class action lawsuit against the federal agency for its use of algorithms to punish agents who enrolled consumers in Affordable Care Act coverage.

May 27, 2025
Financial advisor with clients.
Financial advisor with clients.

Most financial advisors compensated using fee-based models

The movement to fee-based services is being driven by a move from commissions to asset-based fees among wirehouse and broker/dealer channels.

May 26, 2025
Illustration showing a ticking clock and asking "Is it time?"

Is long-awaited insurance industry transformation arriving — finally?

According to two new reports, with a near-term market in flux, the moment of insurance industrty transformation may be arriving.

May 23, 2025
Illustration showing comsumers looking thoughtful with a thought balloon that says "Long-term care." What-do-consumers-think-about-the-need-for-long-term-care.

What do consumers think about the need for long-term care?

We often read about consumers’ need for long-term care,  but what do consumers think about the need for such protection?

May 22, 2025
Image shows advisor Jeffrey Cutter and the SEC logo
Advisor Jeffrey Cutter is appealing a jury verdict in his SEC civil trial.

Jeffrey Cutter files appeal from guilty verdict on Advisors Act disclosures

Advisor Jeffrey Cutter is appealing the lone guilty verdict handed down last month in his trial in a Securities and Exchange Commission civil case.

May 22, 2025
Image shows several arms and the letters, "PHL"
Connecticut regulators are courting a buyer for PHL Variable policies.

Connecticut regulators court potential buyers for PHL Variable blocks

Thirteen companies are studying confidential financial information as Connecticut regulators pursue the sale or reinsurance of PHL, or its blocks of business.

May 22, 2025
Illustration of a young investor with a blindfold on. A-blind-spot-for-younger-Americans--Prioritizing-investing-over-insurance.

A blind spot for younger Americans: Prioritizing investing over insurance

The majority of young Americans are placing too much emphasis on building wealth without dedicating enough to protecting those assets.

May 21, 2025
Image shows the Prudential logo
Shareholders say they are satisfied with a $10 million settlement over claims that Prudential executives withheld adverse mortality information.

Prudential shareholders ask court to OK $10M derivative suit settlement

Prudential Financial shareholders are asking a New Jersey judge to approve a $10 million settlement to end a derivative lawsuit over allegedly withheld mortality data.

May 21, 2025
Image of patient receiving a dose of a GLP-1 drug. Insurance-companies-scrambling-to-support-need-for-GLP-1-drugs.

Insurance companies scrambling to support need for GLP-1 drugs

The overwhelming popularity of GLP-1 drugs – what President Trump calls “the fat shot” – has insurance companies scrambling to…

May 20, 2025
Image shows a building and a stock ticker
UnitedHealth Group is rallying shareholders to support a compensation package for CEO Stephen Hemsley.

UnitedHealth asks shareholders to support CEO’s $60M stock options

UnitedHealth Group is urging shareholders to reject a proxy alert and support a compensation package, including $60 million in stock options, for returning CEO Stephen Hemsley.

May 20, 2025

UnitedHealthcare eliminating commissions on Medicare drug plans

UnitedHealthcare dealt another blow to its Medicare agents when it announced last week it will not pay commissions on Medicare prescription drug plans sold after June 1.

May 19, 2025
Image of a senior couple with a row of arrows showining a fork in the road, and a decision to be made. Retirement-confidence-and-the-great-decide.

Retirement confidence and ‘the great decide’

Americans are on the precipice of huge financial choices as they prepare for retirement – a phenomenon described as “the great decide.”

May 19, 2025
Image shows a gavel and the UnitedHealth logos
UnitedHealth Group is being sued by current and former employees who claim the insurer did not lawfully manage their 401(k) plan.

Ex-employees sue UnitedHealth for alleged 401(k) chicanery

Four current and former UnitedHealth Group employees are suing the embattled insurer for allegedly using forfeiture funds to pay the corporate match for 401(k) plan participants.

May 19, 2025
Insurtech symbols overlapped with a $100 bill. Insurtech-investment-roars-back-in-Q1.

Insurtech investment roars back in Q1

After several quarters of stagnant growth and investor fatigue, the insurtech sector roared into 2025 with renewed purpose.

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