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The Super El Niño Effect on insurance and what it means for clients

9 hours ago Top Stories No comments.
Image shows a color-shaded landscape scene
Property owners in high-risk states like Florida, Oklahoma, Mississippi, Louisiana and Nebraska could have trouble getting affordable home insurance coverage. (This image was created with AI)

Forecasters are warning that Super El Niño is expected to make its debut soon and will likely continue through winter and early 2027.

Read more
June 1, 2026
Image shows the Wink logo and $100B
Quarterly annuity sales continue to hover around the $100 billion mark. (This image was created with AI).

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.

June 1, 2026

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.

May 29, 2026

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.

May 28, 2026
Image shows crypto money flowing down steps
The Digital Asset Market Clarity Act is making its way through Congress. (This image was generated using AI)

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?

May 27, 2026
Image shows Kyle Busch
Racing legend Kyle Busch died of pneumonia-related illness on May 21.

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.

May 27, 2026
Dark image shows the letters "IUL."

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.

May 26, 2026
Image shows Greg Lindberg in jail
Greg Lindberg was sentenced Tuesday on bribery and fraud charges. (This image was generated using AI)

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.

May 26, 2026
Image shows a burning house floating in the water.
Large California wildfires, including those in January 2025, have generating billions in new claims.

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.

May 22, 2026
Image shows Kyle Busch
Racing legend Kyle Busch, 41, died suddenly Thursday.

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.

May 22, 2026
Image shows the large letters "AI"
When AI is integrated into outdated models, insurers often end up accelerating inefficiencies instead of eliminating them.

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.

May 21, 2026
Images shows several words related to the PHL Variable case
PHL Variable Insurance Co. is headed for liquidation. (This image was created with AI)

Rehabilitator: PHL Variable liquidation payouts could exceed guaranty caps

The Connecticut insurance commissioner reports that PHL Variable policyholders could see more benefits than expected.

May 21, 2026
Image shows the Liberty Mutual logo

Liberty Mutual hit with lawsuit over Everest ransomware data leak

A pair of plaintiffs say that Liberty Mutual Insurance Co. failed to protect sensitive personal and medical information allegedly stolen in a data breach.

May 20, 2026
Image shows a dream sequence with planning information
LIMRA research found that only about one-third of DC plan advisors are familiar with PEPs. (This image was created with AI)

What advisors think about pooled employer plans, alternative investments

Pooled employer plans represent an opportunity in the defined contribution plan space, although few DC plan advisors are familiar with them.

May 20, 2026
Image shows a cartoon version of a retired couple
Retirees have very real concerns about outliving their money or needing it later for health care or other major expenses.

Why seniors fear spending their own retirement wealth

New data from Security Benefit shows that two in five financial professionals say 30% or more of their clients spend less than they can in retirement.

May 19, 2026

HAFA takes legal action against New York state

Health Agents for America, along with members of the independent health insurance agent community, is taking legal action against New York state following the decision to eliminate commissions for agents assisting consumers with enrollments on that state’s Affordable Care Act exchange.

May 19, 2026
Image shows a picture of Greg Lindberg against a backdrop of money and a gavel. Judge grants government $1.5M forfeiture from Greg Lindberg.
More than 43,000 checks were issued to policyholders affiliated with Greg Lindberg-controlled North Carolina life insurance companies.

$150M+ asset sale payout distributed to Greg Lindberg policyholders

More than $150 million from the sale of a key asset tied to Greg Lindberg’s insurance empire has been distributed to policyholders with uncovered claims.

May 18, 2026

Economic pressures make boomerang living the new normal

Returning home to live with their parents is becoming a defining feature of life for many young adults, according to Thrivent’s fifth annual Boomerang Kids Survey.

May 18, 2026

Insurers urged to temper expectations with AI pilots

The insurance industry deals with some specific challenges that can prevent AI pilots from taking off.

May 15, 2026
Image shows Greg Lindberg
Investigators say Greg Lindberg diverted vast sums of money from his North Carolina-based insurance companies to fund a lavish lifestyle and personal business interests.

Greg Lindberg asks NC judge for no jail time in bribery, fraud cases

Disgraced financier Greg Lindberg is asking a federal judge to sharply reduce his prison time ahead of a consolidated May 26 sentencing hearing.

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