INSURANCE

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U.S. Individual Life Insurance Sales Grew 15% In Q4

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Limra said mandatory requirement of new mortality tables in 2020 drove growth.

Health Insurance Stocks Rally On Biden Campaign Comeback

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Wall Street looks on a candidacy of the former vice president more favorably than that of Senator Bernie Sanders.

Bernie Sanders Releases Proposed Funding Plan, Still Trillions Short

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Evidence is mounting that Bernie Sanders does not know how he will fund his proposals for massive expansions in federal spending.

Why Most Consumers Want Guaranteed Lifetime Income

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Individual investors across generations are eyeing annuities as potential replacements for pensions.

Don’t Fall Victim To Financial Fraudsters, Limra Warns

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Limra said fraud is heightened during the holiday season and consumers are looking to financial services for answers.

Top 10 States For Best Health Care

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Health care in America is a hot topic no matter where you live, but a study by MoneyRates.com found there are sharp divisions from state to state...

New York Life Agrees To Purchase Cigna Unit For $6.3 Billion

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New York Life Insurance agreed to buy a Cigna Corp. business that sells life and disability insurance for $6.3 billion.

Ten Former NFL Players Are Charged With Health-Care Fraud

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The players submitted more than $3.9 million in fake reimbursement claims.

How's Your Driving? If You Use An App, Insurers Could Be Watching

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Data about the way people drive their cars could be fair game for the insurance industry.

New York Union Blames Out-Of-Network Doctors For Millions In Costs

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Physicians can set their sticker prices as high as they like if they don’t contract with health plans.

Investors Cite Health Issues As Their Biggest Stressor, Fidelity Finds

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Millionaire investors who reported higher stress levels were most worried about paying for health care.

‘Happening Everywhere’: Home Depot Links Thefts To Opioid Crisis

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Home Depot Inc. executives said the nation’s opioid crisis could be contributing to an unexpected surge in thefts from its stores and warehouses.

Risk-Averse Investors Drive Up Fixed-Annuity Sales

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The product's downside protection and income guarantees are winning over investors, industry watchers say.

Centricus Starts Insurance Venture With Former Goldman Partner

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The new venture will focus on acquiring and managing legacy life insurance and annuities portfolios across Europe.

Advisor Uses Obamacare To Help Clients Retire Early

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Steven Frazier used ACA subsidies to help reduce a couple's health-care costs, allowing them to retire at 62.

After $1 Billion Theft, German Museum Finds It Has No Insurance

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While public museums usually insure works of art that are loaned to other institutions, they often don’t take out policies on their permanent collections.

Employers Are Acutely Aware Of Their Workers' Financial Struggles

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Among the findings of a new study: 33% of employees are asking for paycheck advances.

Buttigieg Proposes Social Security Expansion Paid For By Wealthy

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The Democratic presidential candidate also wants to create a long-term-care entitlement.

How Warren's Medicare-For-All Plan Might Hit 401(k) Savings

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Some advisors say Warren's plan for universal health care would lead to a hit on 401(k) accounts.

Excising The Negative Smoke And Mirror Effects Of Obamacare

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It’s urgent that you help yourself and your clients make better ACA choices.

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