Millennials, Gen Z twice as likely to get financial advice online, study finds
Financial professionals should leverage social media to connect with millennials and Gen Z, a new study finds.
Wash. state long-term care insurance faces ballot question threat
A unique long-term care insurance benefits plan in Washington state may be threatened by a November ballot question.
Insurers urged to be ready for Ozempic craze, discuss coverage with clients
With weight-loss drugs like Ozempic rising in popularity, insurers need to talk with their clients to determine coverage solutions.
Jackson Financial reverses slide with big bounceback quarter
Jackson Financial Inc., a seller of retail annuities and institutional fixed income products, reported first-quarter earnings for 2024 of $784 million.
Athene commits to FIAs and ‘custom indices’ as it dominates annuity sales
Athene executives said Thursday they are full-speed ahead on fixed-index annuities with custom indices. The private equity backed insurer is the leading annuity seller by far.
Brookfield spotlights fee revenue growth in Q1
Despite relatively flat earnings, executives at Brookfield Asset Management touted growing fee revenue as evidence of a strong Q1.
Brighthouse touts ‘positive’ Q1 results, takes $366M reinsurance charge
Brighthouse Financial sought to assure investors Thursday with first quarter 2024 results showing sales growth, a strong balance sheet, successful new product introductions, and burgeoning assets.
Alliance seeks public release of insurance data
An alliance of consumer and special interest organizations have petitioned insurance regulators for public release of some insurance data.
Retirement ‘fluency’ linked to retirement confidence, study finds
People’s confidence in their retirement plan is linked to their “retirement fluency,” which measures their retirement knowledge.
Excess Mortality recedes, but remains above normal
While the materialization of “excess mortality” during the COVID-19 pandemic was not unexpected, it’s persistence has raised questions.
Greg Lindberg back on trial for alleged bribery of insurance commissioner
Troubled financier Greg Lindberg faces a second trial on high-profily bribery allegations starting Tuesday.
Video: The ‘excess mortality’ phenomenon: What does the future hold?
During the pandemic, mortality rates rose. When the pandemic wound down, mortality rates didn’t return to pre-pandemic levels. Why? We discussed this with a group of experts studying this “excess mortality.”
Trump-appointed judge will hear lawsuit against DOL fiduciary rule
A Trump-appointed judge will hear the first lawsuit to challenge the Department of Labor’s fiduciary rule, due to take effect in September.
Genworth beats Q1 expectations with $139M net income
Genworth Financial, Inc. exceeded Wall Street expectations, reporting net income of $139 million for the first quarter.
Allstate earnings stages Q1 comeback; revenue up 10.7% to $15.3B
Allstate reported a big Q1 earnings comeback; executives even had positive things to say about auto and homeowners insurance.
Corebridge Financial reports strong Q1 results
Corebridge Financial completed a big week with a strong first-quarter earnings report as it prepares for life as a standalone company.
Trade group files first lawsuit against the DOL fiduciary rule
The Federation of Americans for Consumer Choice filed a lawsuit in a Texas federal court Thursday to stop the Department of Labor fiduciary proposal from taking effect.
Apollo riding big annuity sales, investment fees to strong financials
Apollo Global Management continued perfecting its dual-track revenue-generating engine in the first quarter – with annuity sales and investment fees…
Lincoln’s Q1 earnings buffeted, as ‘strategic realignment’ progresses
Lincoln Financial executives said first quarter earnings exceeded their expectations and the company’s “strategic realignment” is progressing.
