September yields life application gains in younger age groups, MIB says
Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index.
Census: uninsured rates dropped significantly with ACA
New census data confirm that uninsured rates nationwide have been dropping significantly post-Affordable Care Act.
Most Americans fear financial decline if their preferred candidate loses
Nearly 4 in 5 Americans expect their personal finances to decline if their preferred candidate loses the presidential race.
How one AI solution is aiming to help tackle insurance fraud
One California-based data company is hoping its AI technology can be used to help fight insurance fraud across the industry.
Court upholds $28.4M verdict of COI charges, adds potential interest
A Missouri appellate court upheld a $28.4 million award last week in a class-action lawsuit over the accumulated cash value of universal life policies.
Interest rates, AI usage among factors to drive whole life insurance growth
LIMRA discusses the factors that will drive life insurance growth, as well as some challenges for carriers and agents.
Despite escalating threat, execs slow to go for cyber insurance
U.S. business executives are more worried than ever about the risk of cyber threats and attacks, but slow to take measures.
Hurricane Helene bears out predictions of growing storm threat
Hurricane Helene, a category 4 storm, brought up to 30 inches of rain in some areas, with winds up to 140 miles an hour.
Insurance CEOs leaning into AI, M&As, survey finds
Insurance carrier CEOs are more energized about AI and M&As than their counterparts in other industries, a recent KPMG survey finds.
MetLife vindicated in class-action lawsuit over LTC rate hikes
A federal appeals court declined to reinstate a class-action lawsuit Friday over long-term care insurance rate hikes by MetLife.
Moody’s: Commercial properties worth $425.9B in Hurricane Helene’s path
Approximately 161,849 commercial properties with a total estimated value of $425.9 billion are in the direct path of Hurricane Helene, according to Moodys.
Regulators issue draft guidance to test compliance with annuity rules
A state regulator group is circulating draft guidance on compliance expectations for its best interest standard for annuity sales.
Navigating the Hurdles: A guide to selling LTC insurance
There are many challenges in selling long-term-care insurance. So, what does it take to rev up sales of this much-needed product?
‘The court is troubled’: Judge tells Security Benefit, plaintiffs to work faster
It’s been nearly five years since plaintiffs sued Security Benefit Life Insurance Co. over the performance of a proprietary index and companion fixed indexed annuity.
Insurers, trade groups seek influence via donations in divisive election
The insurance industry donated more than $60 million during the current 2023-24 election cycle, according to Open Secrets, a nonprofit organization tracking campaign finance and lobbying.
Judge grants government $1.5M forfeiture from Greg Lindberg
A federal judge granted the government forfeiture of nearly $1.5 million in funds previously seized from disgraced financier Greg Lindberg after his bribery conviction.
Are all millionaires confident in their financial plans?
While nearly half of millionaires surveyed believe their financial plans need improvement, those with financial advisor feel more confident.
DOL appeals Texas court decision freezing its new fiduciary rule
Department of Justice attorneys filed an appeal Friday in Texas federal court, seeking to overturn a stay of its Retirement Security Rule.
777 Partners lawsuit: former IT employee stole laptops for lender
777 Partners, the high-profile investment firm at the center of a swirling controversy over missing funds, hit back with its own lawsuit last week.
