INSURANCENEWSNET MAGAZINE
SPECIAL FEATURE
The need for speed — With Esfand Dinshaw
Sammons Chairman and CEO Esfand Dinshaw sees “instant” underwriting decisions as the key to increasing life insurance sales — an.. Read More
From The Field
What to include in a digital estate plan
What does this mean when it comes to estate planning and what information should we include for the loved ones we’ll leave behind?
How insurance companies can speak their customers’ language
Language barriers make it difficult for people with limited English proficiency to file claims.
Strategic philanthropy: A look at charitable lead annuity trusts
The CLAT provides a structured framework to craft a narrative of purposeful philanthropy.
LIFE INSURANCE NEWS
Fitch monitoring Globe Life following short seller’s allegations
Fitch Ratings continues to monitor the impact to Globe Life’s financial and operational performance following last week’s short seller report that included allegations of insurance fraud and misconduct that led to a material decline in the company’s share price.
ADVISOR NEWS
American women report economic stress, worry about future health care costs and retirement
Women are candid about their fears and concerns when it comes to their health.
- Trade groups express concern about regulatory process on DOL fiduciary rule
- 7 in 10 preretirees say ‘no way’ they can retire at age 65
- Women share their challenges in the financial services industry
- Working backward to move forward: Debt management strategies
- When are those rate cuts coming, already? The European Central Bank may be providing some hints
Annuity News
How much of the $1.33 billion Powerball jackpot is left after taxes?
TAMPA, Fla.— Sunday morning, Powerball announced that the estimated $1.33 billion jackpot had been won by a lucky tickethold.. Read More
Industry fears impending DOL action will target pension transfer market
There is concern in the life insurance industry that a forthcoming Department of Labor report could target group annuity contrac.. Read More
New product: Guardian Life moves to crack the RILA market
Guardian Life Insurance Co. is taking its shot at one of the hottest annuity segments in the market with its first registered in.. Read More
Fiduciary
OMB completes review of Labor Department’s polarizing fiduciary rule
The White House Office of Management and Budget announced that it has concluded a review of the Department of Labor’s controvers.. Read More
Insurance & Financial Fraud
Roanoke's Luna Innovations accused in fraud lawsuit
A newly filed lawsuit accuses Roanoke technology company Luna Innovations and top executives of defrauding shareholders, who now.. Read More
Vietnam sentences real estate tycoon Truong My Lan to death in its largest ever fraud case
—Real estate tycoon Truong My Lan was sentenced Thursday to death by a court in Ho Chi Minh city in southern Vietnam in the coun.. Read More
Waterloo man sentenced for insurance claim in crash after fleeing state trooper
Investigators with the Iowa Insurance Division's Fraud Bureau said Khalil Justin Crawley allegedly told his mother's i.. Read More
A Lamborghini, a mansion and more: How a Florida man spent health insurance fraud money
A federal judge has sentenced a one-time sober home operator from Jupiter to four years in prison for defrauding a health insura.. Read More
Elderly drivers are at higher risk of fatal injuries in accidents
As age advances, the ability to navigate the complexities of driving can diminish, making elderly drivers more susceptible to fa.. Read More
Company reverses decision to cancel LTCi policy for nonpayment
She invested more than $40,000 during the last decade to make sure she’d have care in her older years. Read More
Property and Casualty News
70% of Florida homeowners have seen rise in insurance costs or changes in coverage
Nearly three-quarters (70.3%) of Florida homeowners and over half (51%) of California homeowners say they or the area they live .. Read More
California spent $3.7B reducing wildfire fuel
Insurers in California have sounded the alarm: A warming climate has dramatically raised the risk of devastating wildfires, and .. Read More
Insurance leaders optimistic about AI’s impact on underwriting quality
Nearly two-thirds of insurance executives recognize artificial intelligence/machine learning technology as elevating underwritin.. Read More
Health/Employee Benefits News
Prudential introduces workforce benefits that support mental health and growing families
Prudential has introduced new voluntary workplace insurance offerings that help support family building and mental health, inclu.. Read More
False offers of cash subsidies used to ‘capture’ health insurance customers, lawsuit alleges
A health insurance operation used internet ads that falsely promised cash subsidies to sign up clients across the country and re.. Read More
Juno introduces first-ever child disability insurance in the U.S.
New insurance category provides working parents with long-term financial support if their child becomes severely ill, injured, o.. Read More