Bradley Schurman, author of The Super Age: Decoding Our Demographic Destiny, said that increasing lifespans will require Americans to fund more years in retirement, something he said our society is not prepared to do.
Global stock markets are selling off hard after Russian military forces attacked a broad range of targets across Ukraine Thursday night while Russian President Putin vowed to replace Ukraine’s government. What does it all mean for stocks and the economy?
The archdiocese hopes to raise enough money, including through insurance payouts, to settle the bankruptcy case involving more than 400 people who allege they were victims of clergy sexual abuse, with some claims dating back decades.
A federal grand jury in an East St. Louis courtroom on Wednesday indicted a pair of Florida businessmen in a health insurance scheme that generated more than $190 million in revenue for their company.
The price of a barrel of oil surpassed $100 for the first time in more than seven years and world stock markets plunged after the launch of a military offensive by Russia against Ukraine.
While legacy insurance companies welcome the infusion of private equity dollars, some observers wonder about the long-term effects.
The president and CEO of America’s Health Insurance Plans said his organization is focusing on improving health equity and helping more Americans obtain and keep their coverage in the coming year.
It is unclear whether a pair of lawsuits filed recently will do anything to slow down the Department of Labor’s push to extend the fiduciary standard. A Faegre Drinker panel debated the legal impact Tuesday.
Federal Reserve Governor Michelle Bowman said that she was open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.
More and more clients have money in the $2.5 trillion digital asset space, but their advisors are not paying attention to them, says a McKinsey wealth management report.
We’re often overloaded with clients, which makes it difficult to cultivate strong, personal relationships with each one. When you have less time to meet with each client, there isn’t much room to build those deeper connections.
The Fed is looking to raise rates as inflation surged to 7.5% in January compared with a year earlier, the biggest increase in four decades. James Bullard, president of the Federal Reserve Bank of St. Louis, has expressed support for a half-point hike sometime at the Fed’s next three meetings.
One of the most promising areas of growth for wealth managers is a larger segment of younger wealthy investors who are already using digital platforms for their own investing, but they still want advice from humans, says a McKinsey report.
With inflation at its hottest level in two generations, the Fed is widely expected to seek to cool the economy by raising its benchmark short-term interest rate from its record low of nearly zero, where it’s been throughout the pandemic.
A now-former Philadelphia police officer was arrested Friday for allegedly running his pickup truck into the front of a home last year, then filing a false insurance claim to try to recoup money to cover the damages.
Eleven members and associates of the Brooklyn-based Woo gang were charged in a multi-million-dollar scheme to defraud the unemployment insurance program funded with COVID-19 relief.
A lawyer who partly owned two South Florida addiction treatment centers and a patient recruiter who worked for him pleaded guilty Wednesday to healthcare-related criminal charges, joining a physician who admitted guilt earlier in the week.
AIG’s Life & Retirement segment reported adjusted pretax income of $969 million in the fourth quarter, down 5.6% from the year-ago quarter. Officials discussed 2021 results with analysts this morning.
However unintentional or well-meaning they may be, microaggressions in the workplace should not be ignored or go unaddressed, said a diversity and inclusion expert at American Family Insurance.