The American Council of Life Insurers released its July 2025 Financial Resilience Index measuring middle-class households’ ability to manage financial challenges and plan for a stable future.
The consequences of the emotional buying and selling that’s done in up and down markets grow exponentially as we age. The question to ask ourselves is, “What should we do about it?”
A South Florida telemarketer defrauded Medicare out of millions, authorities say.
A Utah developer who engineered a South Carolina real estate deal that scammed investors and left a remote coastal vacation spot in physical and financial ruin pleaded guilty to federal wire and tax fraud charges Monday.
A federal judge dismissed a business interruption lawsuit brought by the owner of four Boston-area tavern-restaurants, including the famed Cheers tavern that inspired the popular 1980s sitcom.
The Fed is planning to shift its priorities in the months ahead.
The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Friday, signaling the beginning of the end of the Fed's extraordinary response to the pandemic recession.
Some companies are beginning to add surcharges to employees who decline vaccination.
An announcement Wednesday by Atlanta-based Delta Air Lines that it will charge a monthly surcharge for employees who have not been vaccinated against COVID-19 may be a harbinger of things to come.
Jason E. Adkins, 46, solicited victims from all over the country and world, authorities said.
According to court documents, Robert J. Mueller, allegedly pitched a scam that began be persuading investors to cash out annuities or individual retirement accounts to invest in funds Mueller controlled.
Nearly all insurers plan to maintain or increase staff over the next year.
In the next 12 months, 56% of companies plan to increase staff and 37% plan to maintain their current staff size. Technology, claims and operations roles are expected to see the greatest growth.
Colorado lawmakers are trying to address safety with a bevy of wildfire-related bills.
The Colorado insurance department is meeting with insurance companies and others on Thursday to discuss the details of and concerns about the state’s new public option law. Momentum has meanwhile stalled at the state and federal level.
After more than a decade of seeing Republicans block Medicaid expansion, congressional Democrats have hit upon an idea to use the budget reconciliation process to expand Medicaid by working directly with cities and counties.
Inflation woes are making it more difficult for Black Americans to prepare for retirement.
The Department of Labor’s lifetime income illustration rule requiring pension and retirement plan providers to issue an annual projection for clients goes into effect in September but the department still has not produced a final rule.
Employees are growing more concerned about their finances.
A MetLife study using Chamber of Commerce data shows employees are worried about finances but employers are not sharpening their focus on their workers’ financial well-being.
Clients unwittingly bought insurance policies they didn't ask for, investigators said.
Former licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested after a Department of Insurance investigation found he allegedly stole over $1.2 million from more than 20 victims, including 14 seniors.
The average 401(k) plan balance grew 24% to a record $129,300 in the second quarter from a year earlier, according to a review of 19.8 million accounts by Fidelity Investments.
Faegre Drinker attorneys say the Department of Labor has been listening to pleas from advisors and brokers to push back the PTE 2020-02 compliance deadline of Dec. 20, but the department is not showing any indication it will postpone.
Artificial intelligence could provide a big boost to the IMO sales process.
Ideally, you want to target your 10 best clients for referrals. Stephen Mathieu shared a few things he has learned about getting referrals during his 35 years in financial services.
A South Florida telemarketer defrauded Medicare out of millions, authorities say.
WSU’s lawsuit against Factory Mutual, originally filed in July, has been moved to federal court in Spokane. Factory Mutual, operating under the trade name FM Global and based in Rhode Island, requested that the lawsuit be heard in federal court.
Advisors would do well to incorporate technology, a NAIFA speaker said Wednesday.
—Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes.