Insurance

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Surprise! Advisors Using Robos For Older, Affluent Clients

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Advisors are more likely to use robo services for clients with more than $1 million in net worth, according to a new study by Jefferson National.

Auto Insurers Eye Putting Driver Location Data Up For Sale

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The restaurants and doughnut shops that you pass on your commute would love to predict when you’ll be driving by...

Anthem To Buy Cigna For $48.4 Billion After Year Of Talks

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Anthem struck a deal to buy rival Cigna for $48.4 billion, wrapping up almost a year of contentious negotiations and potentially creating the largest health insurer in the U.S.

Meiji Yasuda To Buy U.S. Insurer StanCorp For $5 Billion

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Meiji Yasuda Life Insurance Co. agreed to buy U.S. insurer StanCorp Financial Group Inc...

Do-It-Yourself Investors Feel Less Secure, Survey Says

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Americans who manage their own finances may end up paying less in fees, but they usually feel less secure than those who use an advisor, according to a new survey.

Study: Fixed Indexed Annuities Rise in Popularity

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Fixed indexed annuities now make up 10 percent of total broker-dealer annuity sales, says a new report.

Pennsylvania Attorney Charged With Insider Trading On Insurance Merger

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A Pennsylvania lawyer faces up to 25 years in prison and a $5.25 million fine for allegedly orchestrating a $79,000 insider trading scheme.

Uscrupulous Guardians Pose Threat To Older Americans

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Advisors can help stop seniors from having their money stolen by greedy, dishonest people.

Health Insurer Acquirers Get No Reward For Dealmaking

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Investors aren’t giving much love to the latest dealmakers in health insurance.

Weed Users Avoid Smoker Penalties At 29% Of U.S. Life Insurers

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Marijuana users, who can now buy weed without fear of arrest in some U.S. states, can also get life insurance without facing a smoker penalty—if they shop carefully.

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