While we should take the president-elect at his word and trust that he will do everything he can to ensure promises made will be promises kept, there are known unknowns.
As millions of new members enroll in Medicare plans before Dec. 7, health insurance providers must manage the annual surge of welcome calls needed to connect with each person.
A critical challenge for insurers: how to equip customer service agents to handle increased call volume effectively while maintaining a high level of service.
Key person insurance, or contract frustration insurance, is a crucial risk management strategy for startups that rely heavily on specific individuals for their success.
Recent increases in market interest rates are leading some banks to consider surrendering their bank-owned life insurance to reinvest the proceeds (net of a tax charge) in a new BOLI policy with a higher yield.
In the next few years, looming demographic challenges for both caregivers and the aging American population will pose additional complications for the cost of long-term care.