New York Life is facing a suit that involves questions about the kinds of documentation an insurer can ask policy beneficiaries to provide. Fredric Paul Gallin, the representative for the estates of Herbert and...
Article 0 Comments Britain’s financial watchdog said on Thursday it was having to “push back” against some investment funds that misleadingly attempt to label themselves as being focused on environmental, social and governance (ESG)...
By Steve Murphy, Partner, Resource Pro Consulting — It’s no secret that the insurance industry is ever evolving. Talent dynamics and customer expectations are changing, and advancing technology continues to reshape roles. While these...
Article 0 Comments Third quarter net income at Travelers Cos. fell 11% compared to the prior-year quarter to $404 million on higher catastrophe losses and unfavorable reserve development. As one of the first insurers...
“Affluent investors are passionate about making sure that their advisors are offering solutions customized to their needs and goals,” Scott Smith, director of advice relationships at Cerulli, said in a statement. “To align themselves...
Article 0 Comments Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22 million in funding, the latest sign of growing demand to deploy...
What You Need to Know The 10 biggest broker-dealers account for 58% of retail advisory assets, the research group finds. Large BDs are growing their AUM faster than smaller ones. But an increasing number...
Article 0 Comments Vehicle thefts continue to plague the nation, according to a new report released by the National Insurance Crime Bureau (NICB). The report was released to coincide with National Crime Prevention Month....
Capital One customers turned to social media Friday to report problems with mobile and online banking, including missing deposits and an inability to log into the company’s mobile app. Outage monitoring website Downdetector indicated...
Start Slideshow Morningstar’s 2023 edition of the best companies to own lists 17 firms in the financial services sector that stand out from their competitors and can be good choices for long-term investors. What...
