Despite some diversity strides made in recent years within the insurance industry, barriers still exist, according to a new report. Less than half of companies surveyed say they are committed to advancing equity, and racial and gender bias still create barriers.
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Allstate on Thursday reiterated its aggressive strategy to stem huge underwriting losses in its auto lines, which includes raising premiums, cutting expenses, and implementing restrictions on policies.
American Equity is one of the more anticipated earnings reports this month, with the fixed indexed annuity seller fighting off all comers. For now.
A recent study from the Boston College Center for Retirement Research suggests that pessimism has less of an effect on annuity sales than might be expected.
As expected, and heavily telegraphed, the Federal Reserve Open Market Committee elected to raise interest rates a quarter point, the smallest tweak in nearly a year as it battles burgeoning inflation.
As agents and advisors look for ways to increase long-term-care insurance (LTCI) sales, they are discovering that dispelling common myths about LTCI usually goes a long way in helping to make a connection and attract new buyers.
The Biden administration informed Congress it will end the COVID-19 national and public health emergencies May 11.
At least three major real estate investment trusts have said they have shut the door, at least partially, on honoring investor cash-out requests following a huge surge in withdrawals as economic worries climb.
Annuities are lovely things for retirement income, but there isn’t nearly enough poetry about them.
While many recent surveys have shown that women are less financially secure than many other demographic groups, there are 9 steps advisors can take to help change this.
While numbers are rising for women and minorities in financial services, the vast majority of those jobs are in administrative roles, and analyst and associate roles, says on observer.
A Connecticut program that aims to help members of underserved communities enroll in health coverage while increasing the number of insurance brokers of color in those communities is more than halfway through its first year.
While individual retirement account (IRA) assets are the largest and perhaps most popular segment of the retirement market, with accounts…
Clients may not be happy about taking required minimum distributions if they don’t need the money right now, but there are some ways advisors can help ease their concerns.
Annuity sales set a quarterly record for the third consecutive quarter, LIMRA reported today. Investors are flocking to the safety promised by fixed annuities.
Less educated people tend to live shorter lives, so they should delay Social Security and use their retirement funds as a bridge, while better educated have longevity and should buy an annuity and not delay Social Security, according to a study.
Plaintiffs suing a subsidiary of insurer American International Group Inc. over alleged withheld income filed a motion Monday asking a Connecticut court to dismiss the insurer’s bankruptcy filing.
When everyone profits. you have a sustainable relationship that will grow over time.
While market volatility, compliance pressures and a competitive landscape have created a challenging environment for financial advisors seeking new clients, a defined marketing strategy can lead to greater success, according to a recent Broadridge Financial Solutions survey.
Frustration is mounting among producers who say insurers are slow to process their life insurance and annuity applications.
