The chairman of the House Ways and Means Committee told hospital system CEOs that hospital consolidation and mergers “are fueling the borderline extortionary prices hospitals charge patients.”
Younger investors are drawn to annuities and the potential for accumulation.
Health care affordability is a top priority for Washington lawmakers, but election-year politics, the Senate filibuster and a slim Republican majority cloud the outlook for passage of any major health care legislation this year.
The Greg Lindberg legal saga could end next month.
Billionaire financier Greg Lindberg is scheduled for sentencing next month, potentially marking the end of a ten-year legal drama that dismantled his insurance empire.
A concerning gap exists between widespread investor awareness of policy issues and meaningful planning conversations that address these risks, a recent survey revealed.
An Iowa widow claims that life insurers sold her indexed universal life policies in a risky premium financing plan.
An Iowa widow has filed suit against two life insurers, alleging a complex estate-planning strategy using IUL left her family’s debt-free farmland at risk.
One of the few opinions that Americans across the political spectrum agree on – prescription drug costs are too high. But what can be done to lower those costs? That’s where opinions differ.
In less than a year, four claims filed against major health insurers allege the companies used hidden tracking tools on their websites to record users’ most sensitive health queries in real time, then transmitted that data to third-party firms.
Prudential of Japan is not ready to resume sales after a 90-day ban following widespread misconduct, Prudential Financial CEO Andy Sullivan said Tuesday.
Life insurance can be tailored to fit the lives of gig workers.
Only 40% of Americans are extremely or very confident in their ability to make and execute financial decisions, according to a Corebridge Financial survey.
The annuity industry is dealing with several challenges, a LIMRA panel agreed.
Consolidation among distributors, evolving technology and changing consumer expectations are reshaping how annuity products are developed and sold, a LIMRA panel agreed.
Consumer trust and confidence are significantly higher when a financial professional is involved, as pandemic-driven changes continue to reshape how annuities are sold and serviced.
AI is rapidly reshaping underwriting, improving efficiency and data analysis while raising new questions about accuracy, governance and the role of human decision-making.