PwC: Turning AI risks into opportunities can bring competitive advantage
Those leaders who turn AI risks into opportunities can set their brand apart from the crowd, a PwC executive says.
Living longer, retiring poorer: Why fragmented systems are failing Americans
Americans are now living around 10 to 15 years longer than before, but many still haven’t adopted financial planning to match that longevity.
How AI is moving health-care costs in the wrong direction
Although AI was expected to reduce costs in health care, emerging evidence suggests that it may be increasing spending for many payers.
Allianz studies why 42% of Americans retire sooner than expected
According to a new Allianz study, 54% of Americans say they would retire immediately if they won the lottery.
Prudential announces more layoffs as insurer continues to restructure
Prudential overhauled its leadership team, restructured operations, and shed noncore assets to fuel growth, executives have said.
Why advisors should be talking about life settlements
Recent five-year data from the Life Insurance Settlement Association tells an interesting story about the life settlement business.
NAIC regulators continue pushing for annuity illustration updates
State insurance regulators want to reopen a key annuity illustration model regulation as they weigh a significant overhaul of how illustrations are used.
The Super El Niño Effect on insurance and what it means for clients
Forecasters are warning that Super El Niño is expected to make its debut soon and will likely continue through winter and early 2027.
Wink: Flat first-quarter annuity sales fall just short of $100B
Total annuity sales for the first quarter were flat year over year, Wink, Inc. reported Friday, and fell just short of the $100 billion mark.
Millennials are ready to bring their advisor to the family table
Younger investors want an advisor to serve as a facilitator for cross-generational retirement and financial planning discussions, while older investors are largely declining to take that step.
Global economy ‘resilient’ in the wake of massive disruption
“It’s amazing how resilient and flexible the global economy is” in the wake of current geopolitical trends that are reshaping the investment landscape, said Jack Aldrich, BlackRock’s director for geopolitical research and strategy.
Cryptocurrency legislation takes one step forward with bipartisan support
The Digital Asset Market Clarity Act advanced out of the Senate Banking Committee recently in a bipartisan vote. If it becomes law, what will it mean?
Kyle Busch attorney rips ‘false narrative’ around life insurance coverage
An attorney for the late racing legend Kyle Busch claims critics are pushing a “false narrative” about the driver’s life insurance coverage.
The hidden risks of indexed universal life and what advisors should know
Indexed universal life insurance now represents about 25% of life insurance sales and the product is rapidly increasing in popularity.
Judge sends Greg Lindberg back to federal prison for fraud, bribery
Judge Max O. Cogburn sent disgraced financier and insurance company magnate Greg Lindberg back to federal prison Tuesday.
California’s home insurance crisis: What it means for advisors
The California property insurance market is currently facing severe structural strain, making coverage increasingly expensive and difficult to find.
Shocking death of Kyle Busch renews debate over IUL plan
The sudden death Thursday of 41-year-old racing icon Kyle Busch has reignited an intense debate regarding the role of indexed universal life insurance in financial planning.
The hidden flaw in insurance AI adoption for advisors and carriers
Many insurers are still using AI for existing underwriting and claims rather than redesigning how those workflows operate.
Rehabilitator: PHL Variable liquidation payouts could exceed guaranty caps
The Connecticut insurance commissioner reports that PHL Variable policyholders could see more benefits than expected.
