In its own 32-page lawsuit, the A-Cap insurers accuse Wise of a prolonged and failed campaign to punish the companies.
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Baby boomers relied on a combination of Social Security, personal savings and a pension. Gen Xers do not have the last leg of the retirement stool.
South Carolina insurance regulators are taking another shot at placing two Advantage Capital Partners-owned insurers into rehabilitation.
Nearly 40% of middle-class Americans said they plan to use Medicare to cover their future long-term care expenses – even though Medicare doesn’t cover LTC.
The first rate adjustment under Fed Chair Kevin Warsh and runs counter to President Donald Trump’s repeated calls for lower borrowing costs.
Although no final policy has been issued, agent organizations are mobilizing against it before open enrollment begins on Nov. 1.
NAIC regulators are closing in on changes that would limit the use of historical investment returns in annuity illustrations.
Equitable has launched what it says is the first bitcoin-linked option within a registered index-linked annuity, tied directly to BlackRock’s IBIT ETF.
An increasingly younger percentage of Americans known as the “sandwich generation” faces more difficulty saving for retirement as they balance caring for their own young children and for aging parents.
The Consumer Federation of America is pushing for legislation that would penalize insurers for delayed payments of insurance claims, including requiring insurers to pay interest to customers for late payouts.
This tool helps insurers assess their progress in AI, gain insights into how their competitors are using AI, and identify missed opportunities where AI could deliver additional benefits.
A client’s insurance needs can change at any time for a wide range of reasons. Advisors need to be alert and ready with solutions.
Life insurance application activity surged 18% in August from a year earlier, with the most significant gains seen among older Americans.
Artificial intelligence can help insurers modernize policy migration, making the process seamless for customers and providing better customer experience, according to Juan Huerta, head of AI with Zinnia.
An NAIC working group is leaning toward a model bulletin to quickly address problems with annuity illustrations.
Life insurance sales topped $3.1 billion in the first quarter, Wink, Inc. reported, up substantially over the first quarter and last year.
A Georgetown University study estimates the No Surprises Act’s arbitration system has generated $22.4 billion in costs since 2022.
The number of child-free couples in the U.S. is increasing rapidly, creating a niche market for financial planners interested in helping them set and achieve their financial-planning goals.
When a client expresses interest in a life insurance loan, an advisor must clearly lay out the pros and cons.
Advisors say their clients deserve a clear picture of what their policy covers and what it does not, and why that information matters.
