INSURANCE

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Woodbury Financial Ordered To Pay $850K Over Annuity, Insurance Policies

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A Finra arbitration panel agreed that the policies were unsuitable for a retired Florida couple.

Wealthspire Advisors Partners With Medicare Specialist Chapter

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The partners hope to find healthcare savings and identify Medicare benefits for clients.

A Different Way To Fund Healthcare

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Level-funded health plans can lower the cost of employee benefits for a small business.

Advisors Spring Into Action In Face Of Hurricane Ian

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Advisors say they moved quickly to keep their businesses running and check on the welfare of clients.

Inflation Sets The Stage For Annuity Prime Time

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Why annuities are a particularly attractive solution at a time of high inflation and market volatility.

Six Big Threats Hurricane Ian Poses Now That It Has Come Ashore

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The economic ripples of the massive storm radiate far beyond the storm's path.

Hispanic Americans Face Life Insurance Gap, LIMRA Says

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A new study has found that about 60% of Hispanics in the U.S. don't have life insurance.

Advisors Warned Not To Wait On Clients' LTC Coverage

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Too many advisors avoid the subject of long-term-care insurance, an industry executive says.

Preparing Clients For Medicare's Annual Open Enrollment Period

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Advisors can potentially save their clients thousands of dollars by helping them review their Medicare coverage.

Who Is Still Dying From Covid? The CDC Can't Answer That

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The virus is still killing 400 to 500 people a day, and data is sketchy about how to save lives.

John Hancock Life Insurance Will Offer Blood Tests To Detect Early Cancer

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The tests don't have U.S. Food and Drug Administration approval but can be used by doctors.

FDA Clears Way For Boosters Targeting Latest Covid Variants

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The Biden administration has made plans to begin offering the new boosters as soon as the Labor Day weekend.

New Environs For Long-Term-Care Insurance

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The policies are getting re-evaluated by people in the post-Covid age.

The Nuts And Bolts Of The Inflation Reduction Act For Clients

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Aspects of the legislation impact taxes, the nation's energy goals and healthcare benefits.

Bear Markets Offer A Chance For Advisors To Grow, Consultants Say

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Down times are an opportunity for client acquisition and mergers and acquisitions, they say.

MassMutual Agrees To Pay $250,000 Over Failure To Supervise High-Pressure Sales

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Charles J. Evan was terminated by MML Investors Services in 2019 and permanently barred by Finra in 2020.

Blackstone's Tax-Free Hedge Fund Pitch Draws Scrutiny From Senate

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A Senate committee is scrutinizing the use of private placement life insurance to lower taxes for the wealthy.

Retirees' Social Security Income Is Being Eroded By Medical Costs, Study Says

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Out-of-pocket medical expenses are typically consuming about 25% of Social Security benefits, the study said.

GOP's Ron Johnson Faults ‘Entitlements,' Handing Democrats A Weapon

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Johnson endorsed the idea of Congress annually debating the funding for the programs like any other budget item.

iCapital Has Acquired Fintech Firm Simon Markets

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Simon Markets of New York City has a platform focused on structured investments and annuities.

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