UnitedHealth says execs kept no secrets, asks court to toss lawsuit
UnitedHealth Group and top executives are asking a Minnesota court to toss a shareholder lawsuit alleging that it caused stock prices to dive by withholding damaging information.
Judge sides with SEC in allowing disputed witnesses in Cutter case
A Massachusetts judge will allow the Securities and Exchange Commission to call five disputed witnesses in an upcoming trial over annuity sales by advisor Jeffrey Cutter.
Does your investor client know how much they pay in fees?
Does your investor client understand the fees they are paying? A recent Hearts & Wallets study answers this question.
Globe Life hit with a pair of lawsuits over handling of 2024 data breach
Globe Life, Inc. faces a pair of lawsuits filed this week over a June 2024 data breach that exposed as many as 850,000 policyholders.
Morningstar: U.S. life insurers maintaining cash liquidity levels
Despite extended low interest rates and a trend toward riskier investments, U.S. life insurers’ are maintaining solid cash liquidity reserves, Morningstar reports.
Charitable giving tools available for taxpayers; due to expire
The Tax Cuts and Jobs Act is due to expire at the end of this year, but clients who want to save money on their taxes through charitable giving still have some tools they can use,
Experts project Trump tariffs will boost car insurance costs
Insurify projects tariffs would boost the national average cost of full-coverage auto insurance significantly.
Study: How should lawmakers fix the Social Security gap?
A recent study tries to capture Americans’ views on how lawmakers should address Social Security’s long-term financing gap.
Could Trump seek revenue via a sharp cut in 401(k) contribution limits?
The Trump administration needs revenue to offset planned trillion-dollar tax cuts. Could they look at retirement accounts?
The ‘guardrails approach’ to retirement income
Morningstar said a flexible strategy called the guardrails approach, when combined with delayed Social Security claiming, was found to yield the highest level of lifetime income.
Report: Florida insurers claimed losses while making money for investors
According to an internal 2022 report, Florida insurers, parent companies and affiliates were making billions in profit at a time they were claiming losses.
Four of the biggest ethical challenges when using AI in insurance
When it comes to using AI, experts say there are four major ethical challenges faced by insurance professionals.
While U.S. mortality spike is normalizing, 5 troubling trends continue
While the alarming spike in U.S. mortality rates post-COVID appears to be normalizing, troubling trends continue.
Is there a mismatch between advisor marketing and consumer preferences?
There is a critical disconnect between how financial advisory firms market themselves and how consumers choose their advisors.
Health agents ‘optimistic’ as a new administration takes charge
The National Association of Benefits and Insurance Professionals will gather next week for its annual Capitol Conference, with a long list of issues its members will discuss with their representatives in Congress.
Jackson reports 42% bump in Q4 annuity sales, up $39% for the year
Jackson Financial is firing on all cyclinders with its annuity portfolio, but some Wall Street analysts remain concerned about its Brooke Re reinsurer.
Despite LTC loss, Genworth sees net income growth, CareScout expansion
Genworth Financial reported results for Q4 and full-year 2024, citing continued success in long-term care rate actions.
Advisor: SEC trying to ambush my defense on bad annuity sales charges
A Massachusetts financial advisor claims the SEC is trying to ambush his defense in an annuity sales complaint by adding five surprise witnesses.
LTCi market maturing as more prospects need it
The long-term care insurance market in 2025 is maturing and robust but still needs a large amount of sales to help meet the need that is out there.
