Is Using Big Data Price Optimization — Or Price Gouging?
Insurance provides a valuable bulwark in case of loss, but also allows clients to sleep at night. Peace of mind is worth a premium — but how much?
What happens if health insurers fail?
Guaranty associations have mechanisms in place to try to limit contagion.
Indexed Universal Life Insurance: Sales Up, as Is Regulatory Scrutiny
Client interest in using indexed universal life as a retirement income source is stronger than ever, heightened regulatory scrutiny is similarly on the rise.
Why NASAA Is Leading the Charge Against Elder Fraud
At least one-third of the enforcement actions initiated by state securities regulators involve senior investors, and NASAA is tackling the issue head on.
Taxes and Life Insurance: Accelerated Death Benefits
Tax Facts experts answer questions about income tax treatment of an accelerated death benefit payment from a life insurance contract.
New Hire Roundup: FPA Welcomes David Brand Back to the Fold
Also this week, Securities America names a director of practice succession and acquisition and a new member for its recruiting team, while an SEC litigator joins WIlmerHale.
The Rose’s Thorn: Increasing Premium Rates for Hybrid Life Insurance-LTC Policies
Premiums for long-term care insurance have increased dramatically in recent years, causing clients to turn to hybrid policies that, unlike traditional long-term care policies, are certain to provide some type of future benefit.
New Hire Roundup: Putnam Advances Sipple; Hewson Joins Citi Private Bank
This week in new hires, Scott Sipple moved up at Putnam Investments; Mark Hewson went to Citi Private Bank; Bradford Campbell joined Drinker Biddle; Kimberley Branch and John Forrest went to Symetra; and SNR Denton welcomed Lisa Ledbetter.
Universal Life Insurance Premiums May Rise Under NAIC Approach
An approach adopted by a National Association of Insurance Commissioners group would require insurance companies to adjust asset reserve levels associated with UL insurance products, and any increases in the requisite reserves would likely result in a corresponding rise in premium levels.
How Green Was My Policy
As the headlines over extreme weather conditions and the cost of natural disasters swell, some insurance companies are rising to the challenge.