A former Arkansas lawyer falsified information in order to receive Social Security disability payments by lying to the Social Security Administration about her employment status.
Today, ICSC released the results of its Economic Event Sensitivity Survey, which found that inflation is the predominant economic concern among adults at present, with 50% saying it has impacted their financial situation over the past 24 months. The survey also found that a plurality of Gen Z and Millennials indicated their financial situation had improved…
Can the U.S. find enough oil to avoid a recession?
Mark Zandi, the chief economist for Moody’ s Analytics, told a House committee on Tuesday that elevated prices for oil and other commodities, partly due to Russia’ s invasion of Ukraine, could force the Federal Reserve into“ no good choice” on interest rates.
Many women are falling short when it comes to retirement planning.
Life insurance can help protect women and their families in a tax-advantaged way while also providing income for retirement or benefits for long-term care.
2021 U.S. single premium buy-out sales were the highest since 2012.
U.S. single premium buy-out sales totaled $34.2 billion in 2021, up 37% from 2020 sales, according to the Secure Retirement Institute (SRI) U.S. Group Annuity Risk Transfer Sales Survey.
Investing in Russia's growth has been good business in recent years.
Selling off investment holdings in Russian companies to show support for Ukraine is easier said than done. The Russian stock market is closed, hindering trading.
The Allianz Global Investors unit fabricated reports to hide risks that left it vulnerable to the 2020 market shock, regulators say.
Matthew Anthony Marshall, 51, pleaded guilty last November to an indictment charging him with wire fraud, money laundering and tax evasion. He was handed a six-year prison sentence.
Inflation woes are making it more difficult for Black Americans to prepare for retirement.
New research by the Society of Actuaries Research Institute finds that Gen Xers do not appear to be as well prepared as older generations for retirement.
The Federal Reserve is expected to begin raising interest rates soon.
Meeting in person provides better opportunities for attendees to network, meet influencers and industry experts face-to-face, and stay connected with friends and colleagues, association executives say.
Employer-sponsored disability insurance is proving to be a popular benefit.
A CNN survey, for example, asked respondents to choose the two issues they deemed “most important for the U.S. government to address.” Inflation was the top or second choice of 42% of respondents.
The NAIC executive committee recently approved a new process for long-term care rate review.
The Indexed Linked Variable Annuity subgroup is attempting to tweak nonforfeiture rules to better fit the unique ILVA products, also known as registered indexed-linked annuities or structured annuities.
Insurers are returning to the Obamacare exchanges.
The 2022 open enrollment period for health insurance under the Affordable Care Act was one of the strongest years for agents and brokers who assisted consumers in buying coverage through the health insurance marketplace.
In a rare show of bipartisanship, state lawmakers are in support of an effort that would create a retirement-style savings account for every child from birth in Wisconsin.
A Missouri sexual assault allegation has been settled by the accused's insurance company.
Compensation transparency will have a bigger impact on health insurance brokers over the next few years than the Affordable Care Act did, an insurance industry veteran told members of the National Association of Health Underwriters.
Kaiser is accused of improperly charging patients for COVID-19 tests.
The widow of a Nevada sheriff’s deputy who died of COVID-19 in October is reeling from another setback: an expected life insurance payout is not coming.
The pandemic has made it harder to engage with new clients.
Women face a number financial planning challenges, led by an income gender gap that leads to a retirement savings gap. Add the caregiving challenges brought on by the COVID-19 pandemic, and you have a population group at financial risk.
Gen Xers are about to come into a whole lot of money, a new study confirms.
Over the next 20 years, $84 trillion is expected to transfer between generations, with Gen Xers reaping the most over the next decade or so. Advisors will need to change how they do business to get the attention of younger investors.