Charitable gift annuities gaining in popularity
A CGA is an agreement between a donor and a nonprofit organization that provides the donor with a fixed income stream for life.
Should financial advisors use AI? An expert weighs in
With many consumers having embraced AI themselves, how do they feel about financial advisors using the technology. One expert weighs in.
Mental health remains in the forefront 5 years after pandemic
Five years after COVID-19 disrupted the world, the effects are still being felt. One of the biggest effects to impact the world of health insurance and benefits is greater awareness around mental health.
Expert looks at range of insurance industry trends as AI takes hold
With the advance of AI, change in markets, and ongoing challenges, the insurance industry is carving out new strategies.
Americans increasingly worried about new tariffs, worsening inflation
With additional tariffs recently announced by President Trump, Americans are increasingly worried about high inflation, a new study finds.
CFA official calls homeowners insurance crisis ‘unprecedented’
The director of insurance for the Consumer Federation of America, saying homeowners insurance is in “crisis,” calls for policy change.
‘Explainable AI’ in insurance: 5 best practices & 4 major challenges
As increasing use cases of AI in insurance add urgency to the need for explainability, experts are recommending best practices.
Anthem BCBS of NY seeks dismissal in ‘ghost network’ case
Accused of crafting a “ghost network” of doctors, Anthem BCBS of NY says the case is a matter of federal, and not state, jurisdiction.
SC regulators ‘reviewing’ rehab strategy for Atlantic Coast
South Carolina regulators are still deliberating how to respond after an order that had banned Atlantic Coast Life Insurance Co. from writing new premiums was reversed.
Regulators tackle troubling illustration practices
State insurance regulators say life insurers are “undermining” efforts to bring illustrations in line with reality.
Essential insights a financial advisor needs to grow their practice
With more than half of financial advisors finding acquisition of new clients a challenge, what do they need to know to grow their practice?
Medicare Advantage marketing driving up costs; fiduciary role recommended
Medicare Advantage plans increasingly rely on middlemen for marketing, a move that is hiking costs and making it more difficult for government to oversee and regulate the health plans that millions of older Americans rely on. That was among the findings of a report released last week by Sen. Ron Wyden, D-Ore., the ranking member of the Senate Finance Committee.
State insurance regulator on pace of AI rules: ‘We must go faster’
Artificial intelligence is developing fast, maybe too fast for state insurance regulators. But some say they have to move faster.
As number of wildfires explode, expert says mitigation is possible
The growth of destructive wildfires is a sign that their frequency and intensity has become the “new normal.”
Goldman Sachs survey identifies top threats to insurer investments
While inflation once again topped the list of concerns among insurers, a Goldman Sachs survey found other top concerns.
Political turmoil outstrips inflation as Americans’ top financial worry
While more than 4 in 10 Americans named inflation as a major financial concern, the U.S. political environment was their top economic worry.
What is the average 55-year-old prospect worth to an advisor?
A financial advisor’s lifetime relationship with a 55-year-old client can be highly valuable. But what is the average worth in dollars and cents?
Utah regulators ask court to place Sentinel Security Life into rehab
Utah Insurance Commissioner Jonathan Pike is asking a judge to order rehabilitation for Sentinel Security Life Insurance Co. and a pair of reinsurers.
American National to exit the life insurance business
American National Insurance Co. will stop writing new life insurance policies in order to focus on other products.
