Lael Brainard, President Joe Biden’s nominee for the Federal Reserve’s No. 2 spot, said Thursday that combating high inflation is the central bank’s top priority and said she believed the Fed could reduce it without sacrificing economic growth.
A new study from the Employee Benefit Research Institute finds that health savings targets for a retiring 65-year-old increased between three and eight percent in 2021 relative to the targets for a 65-year-old retiring in 2020.
Add saving for retirement to the list of things that COVID-19 has impacted, according to a new survey from the personal finance website The Penny Hoarder.
Health insurers might be looking at higher long-term healthcare costs directly and indirectly related to the ongoing pandemic, a Fitch Ratings analyst said Tuesday.
With the pandemic still making it difficult for many advisors to meet frequently with prospects face-to-face, many of them are looking for methods they can use to acquire and engage clients in this COVID-19 environment.
Regulators are honing best-interest principles after President Joe Biden’s administration allowed a rule published by his predecessor to take effect in February 2021.
The state-backed Citizens Property Insurance Corp. continued to add thousands of policies a week in December, while new legislative proposals would try to steer more homeowners into the private insurance market.
The average per-employee cost of employer-sponsored health insurance jumped 6.3% in 2021 as employees and their families resumed care after avoiding it in 2020 due to the pandemic.
Starting Saturday, private health insurers will be required to cover up to eight home COVID-19 tests per month for people on their plans. The Biden administration announced the change Monday as it looks to lower costs.
There was an expectation by life insurers that COVID-19 deaths would decline as vaccination rates increased throughout 2021. That has not happened, but most life insurers are not reporting any strong impact from higher mortality rates.
Households must put their own personal financial safety net in place. The financial services industry, particularly the insurance segment, must step up and help.
Democrats in the California Legislature on Thursday revived a plan for what could be the nation’ s first universal health care system— prompting strong opposition from doctors and health insurers over tax increases for businesses and individuals that would pay for the plan.
State Democratic lawmakers have filed bills to delay the payroll tax that funds WA Cares until July 2023, and allow more people to opt-out of Washington's first-of-its-kind long-term care program.
Regulation, business interruption insurance wrangles and some high-profile cases dominated our property & casualty coverage in 2021.
Regulators were busy in 2021 and annuity sales remained a prime target.
There’s never a lack of stories about advisors and the advice they offer. As in other years, 2021 was replete with predictions and proclamations about financial direction.
As businesses struggle to attract young workers to entry-level positions, the COVID-19 pandemic is driving a wave of early retirements.
NAILBA and Finseca announced today that their respective board of directors have voted to initiate a process to explore a merger, which would create a powerful industry lobbying group.
But the most popular health-related article of the year dealt with a topic that impacted our readers’ practices.