Independent agents have high insurer satisfaction despite market challenges, study finds
Despite one of the most challenging markets in history, independent insurance agents are more satisfied than ever with insurers.
Greg Lindberg changes course, pleads guilty to $2 billion fraud
Troubled financier and onetime Bankers Life Insurance Co. owner Greg Lindberg pleaded guilty Tuesday to engineering a $2 billion fraud.
WA Cares survives vote, but ‘work to be done’ on LTC program
An LTC organization is urging Washington officials to address outstanding issues with WA Cares, which survived a statewide vote.
New lawsuit accuses National Life of misleading IUL illustrations
An Indiana woman is suing NLV Financial Corp. and its two life insurance subsidiaries over a 2023 indexed universal life policy that returned 0% after one year.
Needs and challenges faced by consumers seeking LTC insurance
A new survey by One America Financial is shedding light on the needs, barriers and challenges consumers face on their long-term care journey.
Open enrollment: Commission payments, CMS suspensions plague health agents
Open enrollment season for Medicare as well as Affordable Care Act health plans is in full swing and many agents are finding it difficult – if not impossible – to enroll people in coverage.
What will a new Trump presidency do for health care?
Health care is among the issues to be addressed during Trump’s second term, and although some of these issues will require congressional approval, the incoming president could make a number of changes through regulation or executive order.
Brighthouse execs talk up new hedging program, break reinsurance news
Concern over a sliding risk-based capital ratio continued during the third quarter for Brighthouse Financial.
Estate tax exemption likely to stay high (or disappear) under Trump II
Now that Donald Trump has won a return to the White House the future of the estate tax is a little clearer.
Greg Lindberg plea deal reached on federal fraud charges
Greg Lindberg is scheduled to accept a plea deal to satisfy fraud charges Tuesday in a North Carolina courtroom, according to court documents.
Jackson Financial climbs RILA sales charts with another strong quarter
Jackson Financial booked $1.6 billion in third-quarter RILA sales, up 99% from the year-ago quarter.
Gen Z not following the typical path to retirement
Many members of Gen Z are not following the traditional path to retirement, according to a study by the TIAA Institute.
‘Everything worked’: Apollo touts a 16% increase in AUM during Q3
Commitment to the high-net-worth market drove Apollo Global Management to a massive increase in assets under management during the third quarter.
AIG reports strong Q3 despite challenging market conditions
AIG achieved strong Q3 growth in underwriting profitability and delivered consistent capital returns to shareholders, the company reported.
Corebridge Financial tallies strong annuity, life sales numbers in Q3
Executives touted Corebridge Financial’s recent launch of its MarketLock RILA during a third-quarter call Tuesday with Wall Street analysts.
Equitable hones in on annuity delivery across channels after strong Q3
Credited with introducing the first registered indexed-lined annuity in 2010, Equitable is far and away the market leader for the now-trendy RILA products.
Insurance agency M&A activity down 10% through Q3, Optis reports
There were 535 announced insurance agency mergers and acquisitions through three quarters of 2024, down 10% from 594 in the same period in 2023.
US catastrophe claims hit 7-year high, report finds
Catastrophe claims related to severe weather events reached a seven-year high in 2023, according to data analytics firm LexisNexis.
Survey finds some support for DOL fiduciary rule
A new survey of financial professionals shows surprising and almost uniform support for the Department of Labor’s Retirement Security Rule
