Eighty-eight percent of fleets reported they use telematics for safety, yet only 30% share their data with insurers, according to SambaSafety’s 2025 telematics report.
Older clients might still be a fit for life insurance.
Recent data from the Pew Research Center found that among adults under 49 without children, 47% say they never wants kids. But do they need life insurance?
Although 83% of Americans say they’re comfortable in talking about money with at least one person, most of them are silent when it comes to admitting financial struggles to others who are close to them, including family, friends and coworkers.
Social Security literacy is no longer optional for advisors; they must know the ins and outs of the program that is the foundation for Americans’ retirement security.
Middle-market and mass-affluent households are becoming increasingly important for providers and advisors as their wealth grows and they represent a $25 trillion market opportunity.
AI is falling short in helping insurance professionals establish a human connection.
Interim Connecticut Insurance Commissioner Joshua Hershman estimates that about 70% of PHL Variable Insurance Co. policyholders will be fully covered by state guaranty associations.
UnitedHealth Group is being sued by plaintiffs who claim the insurer uses AI to improperly deny claims.
UnitedHealth has until April 29 to hand over tens of thousands of documents to plaintiffs who claim that the insurer relies on an AI algorithm to deny claims.
As more and more insurers leverage AI for underwriting, claims, and risk management, they face the need for explainability, defensibility, and accountability.
Regulators are receiving feedback on possible updates to illustrations regulations.
Regulators highlighted annuity illustrations suggesting annual returns between 10% and 27%, prompting questions about whether consumers are getting good information.