Milliman recently released the results of its two ongoing Variable Annuity Industry Experience Studies, which analyze policyholder behavior across 23 companies spanning 17 years. (AI-generated image)
Updated research from Milliman finds that surrender rates on variable annuities with guaranteed living withdrawal benefits more than doubled from 2022 to the end of 2024.
A researcher said his plan empowers retirees to safely spend more of their wealth while avoiding both premature portfolio depletion and unnecessary underspending.
Elevance Health executives say the loss of ACA subsidies would have "a significant impact" on its clients in those plans.
Elevance Health kept medical costs under control during a financially strong third quarter. But increased Medicaid costs are coming.
Congress’ failure to approve extending enhanced tax subsidies is one factor driving higher premiums in the Affordable Care Act marketplace for 2026. (AI-generated image)
The National Association of Insurance and Financial Advisors is working with Connectiv, owners of Medicarians and the creators of InsureTech Connect and Manifest, to create Protectors Vegas 2026, a new event dedicated to advancing innovation and growth across the life and annuity landscape.
California Insurance Commissioner Ricardo Lara wants to more tightly regulate the rate-review process. (AI-generated image)
California Insurance Commissioner Ricardo Lara has a plan to expedite rate reviews in light of State Farm’s experience following the devastating wildfires earlier this year.
Higher costs for consumer goods are impacting the cost of property/casualty insurers paying claims for contents of homes that are damaged or destroyed.
Judge voids $187M Hurricane Sally appraisal. The case could have ripple effects across the industry, tightening rules for appraisals.
Workers in the U.S. remain in one job for an average of five years before moving on to another. As a result, workers will experience a significant number of job changes over the course of their careers. (AI-generated image)
More than a year after first circulating a draft guidance on compliance expectations for its best interest standard for annuity sales, regulators are nearing a final version.
Insurance commissioners frequently leave for high-paying industry jobs, critics note.