Court update: Allianz Life faces bevy of lawsuits over July data breach
Allianz Life Insurance Co. of North America faces several lawsuits related to a July data breach that affected 1.4 million people.
Is it possible to save too much in retirement accounts?
Choosing the right accounts to save into can help younger and lower-asset households, according to a report by Hearts & Wallets.
Jackson National study reveals hidden dangers for risk-averse investors
A new Jackson National study exposes a surprising truth: Risk-averse investors may be vulnerable to a different form of market risk.
Why SECURE 2.0 and state mandates are powering a micro 401(k) boom
Micro 401(k) plans are set to rapidly expand over the next few years due to incentives provided by SECURE 2.0, and states mandates.
Judge partially blocks ACA enrollment rules set to take effect today
A Maryland judge blocked several parts of an Affordable Care Act exchange enrollment and eligibility rule on Friday, siding with a coalition of plaintiffs in a federal lawsuit.
Annuity sales surge to $115B in Q2, with a new market leader, Wink reports
Wink’s Sales & Market Report revealed a record-setting second quarter, and a shakeup at the top.
Advisors face new challenge: Helping clients navigate ‘Gray Divorce’
Divorcing near or after retirement – “gray divorce” – presents unique challenges for a couple that has created a joint retirement strategy.
Why insurers are quietly preparing for geoengineering fallout
Despite the speculative nature of geoengineering, it has become increasingly relevant to the insurance and reinsurance world.
Edward Jones: Financial advisors must step up to educate clients on 529 plans
A 529 plan, with its tax benefits, can be a great way to save for a college education. How aware, though, is the average American of the 529 plan and its advantages?
Bringing ‘sexy back’: How the insurance industry can rebuild its workforce
Changing the perception of insurance as “boring” is one way the industry’s talent crisis can be addressed. But there are others…
Judge lets $67M premium financing lawsuit against MassMutual, Penn Mutual move forward
A lawsuit filed by Montana funeral directors, who claim that a premium financing “scheme” cost them millions, can proceed after a judge denied a motion to dismiss last week.
Regulators critical of Medicare snags and no-show CMS
Insurance regulators have many complaints for CMS officials about how Medicare programs are functioning in their states.
As Social Security hits 90th anniversary, is ‘back-door’ privatization looming?
August marks the 90th anniversary of Social Security; its defenders raise new warnings of privatization in the Trump era.
Winning With AI: Strategies from the insurance industry’s top performers
Experts share key insights on what the top five industry leaders in AI rollouts did to deploy the technology most successfully.
NAIC gets pushback on fast-track effort to add ‘rigor’ to 33-year-old RBC standard
State insurance regulators are moving with alacrity on a controversial plan to overhaul the risk-based capital (RBC) framework by the end of 2025.
DOL seeks another delay to decide on fiduciary rule future
The Department of Labor remains undecided about what to do with the Biden-era Retirement Security Rule, its latest attempt to expand fiduciary duty.
Is the life insurance industry evolving fast enough to meet consumer expectations?
The life insurance and annuity industry has been in a race to catch up with other industries in the adoption and use of digital tools and artificial intelligence.
Cooling off period urged before regulators tackle proposal to hide RBC
A proposal to make a key measure of insurance companies’ financial health confidential is teed up for regulators to tackle in October.
NAIC regulators: Signs of ‘progress’ getting life insurers to cut spreads
State insurance regulators report “progress” getting life insurers to pull back on overly optimistic investment growth projections.
