Can insurers finally eliminate the supplemental claims headache?
The supplemental claims process remains a challenge for many employees. Insurers are testing ways to help workers access missed benefits.
Wink: Annuity sales post strong Q2, led by MYGAs and structured products
Annuity sales seem to be settling at a level the industry can sustain, with second-quarter sales again topping $100 billion.
CareFirst should have seen alleged fraud 3 years earlier, defendants say
CareFirst alleges that defendants enrolled hundreds of ineligible individuals in health insurance plans reserved for Maryland residents.
AI isn’t replacing agents, but it’s changing their value
More insurance shoppers are turning to AI. The trend could reshape the role of agents, but not in the way many expect.
Your client texted. Now what? The compliance rules advisors better know
Many individuals prefer texting for both personal and business purposes, so advisors are likely to receive texts from clients.
Helping small-business owners build, grow and exit
An increasing number of small-business owners are looking beyond traditional retirement plan support when using financial advisors and are turning to them for financial planning that expands their access to a wide range of plans.
How advisors can get clients to act sooner on life insurance
Clients often delay a life insurance purchase because they think they’re too young and too healthy to need it.
Help women break through their retirement roadblocks
Women represent one of the most significant opportunities in financial planning, but advisors must help women build and protect their financial independence.
Mending Health lands under Oklahoma supervision following ACA exit
Regulators said the action is intended to protect policyholders and ensure claims continue to be paid during the supervision process.
What to do when adult children become the client
The most significant gap that tends to emerge when adult children take over their parents’ finances is long-term care and other related health care expenses.
Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
A judge has ruled that three insurers do not have to provide coverage for Newport Group’s potential liabilities from a retirement plan dispute.
Why vacation homes are becoming a major blind spot for advisors
Too often, advisors only focus on a client’s primary residence and overlook their vacation or second home.
The rise of the ‘gray divorce’ insurance client
A gray divorce, typically couples who are age 50 and older, can be one of the biggest financial transitions someone experiences.
Wildfire smoke, increasing in frequency, has implications for morbidity
As wildfires occur more frequently, research shows that breathing wildfire-related particulate matter is as hazardous to health as smoking cigarettes.
Why the insurance claims payout process could deter AI adoption
While many insurers are moving to adopt AI across various aspects of their businesses, claims payouts are being overlooked.
From loss to security: Supporting widowed clients with life insurance
The loss of a spouse can shake a client’s emotional and financial foundation. That’s why a life insurance conversation is vital.
NABIP makes recommendations for prescription drug affordability
The National Association of Benefits and Insurance Professionals said it is ready to work with lawmakers to advance reforms that increase prescription drug affordability while strengthening Medicare’s long-term sustainability.
Homeowners accuse Texas windstorm insurer of secretly reducing claims
Plaintiffs, who seek class-action status, allege that TWIA and the adjusting firms secretly altered damage estimates after inspections.
How the AI arms race could drive insurance M&A deals
The ability, or inability, of insurance companies to successfully adopt and scale artificial intelligence could be a driver of merger and acquisition activity over the next 12 months, said Mark Friedman, PwC partner and US insurance deals sector leader.
