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Top Stories

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November 11, 2024
Illustration of a doctor and patient in a long-term-care facility. Needs-and-challenges-faced-by-consumers-seeking-LTC-insurance.

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.

November 11, 2024
Person in business attire spreading a wad of bills, with the "CMS.gov" logo overlaying the image. Open-enrollment--Commission-payments,-CMS-suspensions-plague-health-agents.

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.

November 8, 2024
Image of President-elect Donald Trump standing beside health care information on the healthcare.gov website. What-will-a-new-Trump-presidency-do-for-health-care.

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.

November 8, 2024
Image shows the Brighthouse Financial logo
Brighthouse Financial is undertaking a revised hedging program.

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.

November 8, 2024
Illustration of a toy house sitting on a financial document, with coins and bills piled nearby. Estate tax exemption likely to stay high (or disappear) under Trump II.

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.

November 7, 2024
Image shows Greg Lindberg
Greg Lindberg is taking a plea deal on criminal charges.

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.

November 7, 2024
Image shows the Jackson Financial logo
Jackson Financial shares soared after the insurer's third-quarter numbers were released.

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.

November 7, 2024
Illustration of young adults looking out over a vast landscape with a complex maze. Gen-Z-not-following-the-typical-path-to-retirement.

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.

November 6, 2024
Image shows the Apollo Global Management logo
Apollo Global Management continues to benefit from adding Athene to its portfolio.

‘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.

November 6, 2024
Photo illustration of AIG logo against a background of upward trending fever graphs. AIG-reports-strong-Q3-despite-challenging-market-conditions.

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.

November 6, 2024
Image shows the Corebridge logo
Corebridge Financial is the No. 2 seller of annuities.

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.

November 5, 2024
Image shows the Equitable logo
Equitable is capitalizing on being first in the market with a registered indexed-linked annuity.

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.

November 5, 2024
Image shows the Optis Partners logo
Insurance agency mergers and acquisitions were down 10% through Q3.

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.

November 4, 2024
Image of the aftermath of a catastrophic weather event, with the legend "7-Year High" overlaying the photo. US-catastrophe-claims-hit-7-year-high,-report-finds.

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.

November 4, 2024
Illustration showing a person filling out a questionnaire. Survey-finds-some-support-for-DOL-fiduciary-rule.

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

November 4, 2024
Image of Hawaii with large smokestacks spewing smoke. Hawaii-court-first-to-classify-greenhouse-gases-as-pollutants.

Hawaii court first to classify greenhouse gases as pollutants

Hawaii Supreme Court becomes the first to classify greenhouse gases as pollutants, and thus excluded from traditional insurance coverage.

November 1, 2024
Illustration of a person's image with a computer-generated deepfake beside it. How-insurers-can-tackle-cyber-insurance-risk-of-deepfakes.

How insurers can tackle the cyber insurance risk of deepfakes

A legal expert is urging insurers to keep abreast of the risks associated with one of the most complex forms of cyber crime: deepfakes.

November 1, 2024
Image shows the Prudential logo
Prudential reported a fall in third-quarter profit.

Prudential rides five $1B-selling annuity products to solid Q3

Booming annuity sales helped Prudential record strong performance in its retirement businesses during a successful third quarter.

October 31, 2024
Illustration with a swirling, hurricane-like pattern with the Allstate logo overlaying it. Allstate-reports-strong-Q3-earnings-despite-hurricane-losses.

Allstate reports strong Q3 earnings despite hurricane losses

Despite huge losses from hurricanes, Allstate reported strong earnings and improved strategic position for the third quarter 2024.

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