Sen. Bernie Sanders, I-Vt., introduced legislation today to establish a progressive estate tax on the fortunes of the top 0.2 percent of Americans and significantly increase rates on billionaires. Sanders said his legislation, the...
The deadline for Genworth Financial Inc.’s proposed $2.7 billion acquisition by a China-based investment company is being delayed yet again as the companies continue to seek regulatory approvals for the deal. Henrico County-based Genworth...
The projection of 1% to 2% growth for the sector underestimates its potential, according to one analysis
Just 26 percent of the total coverage needed for life insurance is currently met, according to a new report, resulting in $70 billion in lost premiums for the industry. The report found that insurance...
Accenture (NYSE:ACN) has integrated RGA’s AURA® underwriting rules engine into the Accenture Life Insurance and Annuity Platform (ALIP), making ALIP the first such platform to provide an out-of-the-box option. As a result, carriers can...
A new report finds that advocates’ argument for a universal pharmacare program is based on an exaggerated claim
Critics say the guidance released in December is outdated and was not written by the right specialists
“We wanted to offer a service that added an emotional benefit above and beyond the insurance value. We wanted to revolutionize the way insurance companies provide value to their customers.” — ivari Senior Vice...
New York has entered into a consent order with MetLife Insurance Company, under which the insurer will pay a penalty of $19.75 million for failing to properly locate and pay benefits to thousands of...
By Troy Korsgaden Gone are the days of carriers leading the entire purchasing cycle of insurance products and financial services. In today’s environment, it’s the customer who is in control. To remain competitive, advisors...