Does working with an advisor really provide benefits to the consumer?
Does having a financial advisor truly make a difference? A recent Northwestern Mutual study has some answers.
Time ‘to adjust’ on interest rates, Powell says, hinting at cuts to come
Federal Reserve Chair Jerome Powell confirmed what the financial markets and monetary policy watchers were expecting in a speech Friday: interest rate cuts are coming.
Lawsuit revived for man who lost $16M in life policies on a missed payment
A federal appeals court gave a partial win to a Connecticut man claiming that AXA Equitable allowed his life insurance policies to lapse without any payment reminder.
5 communication best practices for enhancing client retention
When it comes to retaining clients, client communication can prove an asset. What are best practices for client communication?
Next president might control fate of DOL fiduciary rule, analysts say
While likely not a top issue for them, either Donald Trump or Kamala Harris will likely end up deciding the fate of the DOL effort to extend fiduciary duty.
Will life insurance be the next product to go ‘green’?
With so much consumer interest in healthy living and sustainability, will the life insurance industry begin to offer “green” life insurance?
How to recognize – and get over – a sales slump
Sales slumps are inevitable, no matter your experience level. We talk to some experts who can help you break through.
Execs, regulators debate merits of illustration rules, areas that need work
State regulators hosted a panel looking into life insurance and annuity illustrations for flaws that can be corrected.
Achieving life insurance success with middle-income Americans
Recent study reveals middle-income Americans represent the largest market opportunity for the financial-services industry.
Are affluent Americans prepared to pass on their wealth?
While nearly all affluent Americans expect to pass down wealth to heirs, only half said they have a plan in place to do so.
Gen Z: What the insurance industry needs to know
Insurers who want to reach this age group must up their social media game while delivering an experience that meets the needs of these young adults.
Regulators take heat from all corners on new LTC rate review proposal
Long-term care insurance rate hike requests represent a longstanding headache for state insurance regulators who desire consistency.
Annuity integration initiative could help advisors build ‘superior client engagement’
Advisors could soon benefit from simpler integration of annuities if IRI is successful in developing a digital, standardized infrastructure.
Regulators debate need for proxy discrimination protections in insurance
Regulators hosted a lengthy debate on proxy discrimination’s meaning and cultural significance. Proxy discrimination occurs when a facially neutral trait is used as a stand-in for a prohibited trait.
Extreme weather could crack a retirement nest egg
Many Americans appear to have another financial risk to worry about: The negative effect that extreme weather could have on their financial future.
NuraLogix: How one company is using facial scanning for insurance underwriting
NuraLogix developed an artificial intelligence tool that can measure more than 100 health and wellness parameters using a video camera.
Reinsurance asset testing guideline could run afoul of existing agreements
Regulators seeking to strengthen asset testing requirements for large-scale offshore reinsurance deals ran into a few potential hurdles this week.
LIMRA/SOA study: Fixed-rate deferred annuitants are not surrendering early
A fresh study shows that annuitants are generally not surrendering their contracts prior to the surrender charge period.
Appeals court: Lincoln can keep premium paid early by late policyholder
A federal appeals court ruled Thursday that Lincoln does not have to return a pro-rated share of annual life insurance premium fully paid before the policyholder’s death.
