ICYMI. The Medico short-term care insurance policy can reimburse a policyholder for part of the cost of home care, or for the cost of staying in a nursing home, assisted living facility, or adult daycare program.
The product offers access to care coordination benefits as well as reimbursement for care.
ICYMI. Angela Marie Chatfield has agreed to a three-month suspension from associating with any FINRA member firm and to pay a $5,000 fine.
The broker had multiple side gigs, according to FINRA.
ICYMI. AmeriLife Group has acquired a majority interest in annuities and retirement planning services firm J.D. Mellberg Financial.
Together, the firms generate about $4.8 billion in annual annuity premium revenue.
ICYMI. New LOMA Life Insurers Council chair Susan Thomas is CEO of of Texas Service Life Insurance Company of Austin.
Byron Allen is the group's new vice chair.
ICYMI. This was breaking news this week.
The rule, set to take effect in March, has been watered down from its original version, Barbara Roper says.
The opportunity: 52% of Gen Xers and 39% of millennials still do not have an advisor to guide them through the looming wealth transfer from baby boomers, according to a special report from Nationwide Advisory Solutions’ annual Advisor Authority study.
A survey from Nationwide teases out how these generations are different from each other and from older investors.
Philip Falcone, chairman of owner HC2 Holdings, said the company wants to sell the insurance operations to reduce debt levels.
A group of shareholders is seeking control of the parent, HC2.
NEWS FLASH about Massachusetts' state fiduciary rule.
The rule, set to take effect in March, has been watered down from its original version, Barbara Roper says.
In addition to Transamerica, other companies have reported receiving annuity advisory fee letter rulings, too.
The ruling applies to Transamerica's indexed annuities as well as to variable annuities and hybrids.
Commentary by Bud Blake, the owner of Blake and Associates in Leawood, Kansas
A longtime agent describes a strategy for training new agents.
eHealth discusses its recent sales activity.
Revenue per individual major medical enrollee increased 35%.
Commentary by William H. McCance, president and chief executive officer of TAG - Trust Advisory Group, Ltd.
Part of putting clients first may be knowing what will happen to them if you get hit by a bus.
Analysts at the AgeUp surveyed 1,335 U.S. adults ages 25 through 44 to find out how much they know about their parents' finances. Topics they polled on include 401(k) plan savings, credit card debt, Social Security benefits and pension plans.
A MassMutual agency is using the survey results to promote a parent support annuity.
Commentary by Stephen George, CEO of Provider Risk in Miami.
A financial services professional reports on some of what he's learned from being a caregiver himself.
New LOMA Life Insurers Council chair Susan Thomas is CEO of of Texas Service Life Insurance Company of Austin.
Byron Allen is the group's new vice chair.
NEWS FLASH about presidential candidate Michael Bloomberg.
The former Republican is talking more about your world on his website than Bernie Sanders and Elizabeth Warren are on their sites.
The joint effort by the Society of Actuaries and Plug and Play Tech Center will have several components.
A mentorship program will give actuaries a chance to see, and shape, insurtech efforts.
“It is time to change the status quo, and now we can officially get started,” said Marc Cadin, AALU's president.
An agent from Guardian will lead the combined organization's board.
The average death benefit per policy fell between 2017 and 2018, according to Milliman.
Overall sales held steady at about $1.2 billion.
Securian Financial isn’t saying how much Canadian Premier Life Insurance Company intends to pay for Gerber Life Insurance Company’s Canadian business.
Canadian Premier unit could make more deals..
Angela Marie Chatfield has agreed to a three-month suspension from associating with any FINRA member firm and to pay a $5,000 fine.
The broker had multiple side gigs, according to FINRA.
TalktoMira's program might to agents and brokers who sell dental discount cards look like a high-tech health discount card program that offers flat-rate pricing.The company describes it as a “tech-enabled care coordination company,” or a Costco for sourcing primary care and routine urgent care.
The startup is paying brokers a 5% referral fee.
Commentary by Sandy Schussel—Powerful Coaching for Financial and Insurance Professionals.
To be the best, a top sales coach says, act like the best.
President Trump’s approaches—hoping for legislation, but considering the use of executive orders—illustrates the president’s anxiety about his health-care record.
Trump could change the way Medicare pays for drugs injected in doctors' offices.
Sales of all kinds of fixed annuities fell between the fourth quarter of 2018 and the latest quarter, according to new Secure Retirement Institute insurer survey results summary.
Sales of fixed annuities went in a different direction.
Here are lightly edited excerpts from two letters Thomas Jefferson wrote in July 1785 about the key sculptor life insurance procurement effort surrounding a statue of George Washington.
One of Thomas Jefferson's jobs was to find key person life insurance for the sculptor.
California Insurance Commissioner Ricardo Lara shares his views on the National Association of Insurance Commissioners' revised Suitability in Annuity Transactions Model Regulation (Model Number 275).
Ricardo Lara says he would still like to see producers have a fiduciary duty to put consumers' interests first.
The Medico short-term care insurance policy can reimburse a policyholder for part of the cost of home care, or for the cost of staying in a nursing home, assisted living facility, or adult daycare program.
The product offers access to care coordination benefits as well as reimbursement for care.
AmeriLife Group has acquired a majority interest in annuities and retirement planning services firm J.D. Mellberg Financial.
Together, the firms generate about $4.8 billion in annual annuity premium revenue.
The New York State Department of Financial Services wants Genworth to add capital as a condition for reapproving Genworth’s efforts to be acquired by China Oceanwide.
One force that might work in Genworth's favor could be regulator peer pressure.
AIG's Kevin Hogan said the company expects individual fixed annuity sales to continue to be down for 2020, and for cash to flow out of group and individual retirement products.
American Equity, CNO, Primerica and Aetna's parent also have earnings out.
Sales tips by Bryce Sanders.
Here are some selling points for what you see in the mirror.
Here are seven things the witnesses told the Senate Homeland and Governmental Affairs Committee about how they see the coronavirus situation, and how they think the federal government should handle it.
One expert said outbreaks could start to emerge in the United States in about two to four weeks.
NEWS FLASH about the National Association of Insurance Commissioners' Suitability in Annuity Transactions Model Regulation.
New York's superintendent voted against it
MIB Group's latest published data on life application activity shows an uptick for younger people.
Overall application activity was also up, the group says.
OneShare Health was the platinum sponsor of the ICMG (Inter-Company Marketing Group)’s 2020 annual conference in Orlando.
One of the group's innovations is an attendee list page that lets users sort the list by title.
Washington state Insurance Commissioner Mike Kreidler imposed a $5,000 fine on UnitedHealthcare of Washington Inc. in connection with allegations that the company violated Washington state name use rules.
The state requires insurers to put their official names on checks.
California Senate Bill 961 could forbid insurers from rejecting life and disability applicants solely because they have antibodies to HIV.
Senate Bill 961 could also update a list of definitions used in connection with HIV testing.
Life Happens has new material centered on its #InsureYourLove campaign for 2020.
The Valentine's Day-linked awareness campaign has returned, with new videos.
Gary St. Hilaire succeeds Kevin Conlin as Horizon Blue Cross Blue Shield of New Jersey’s president and CEO April 6, the company says.
The New Jersey carrier provides coverage for about 3.8 million people.
Integrity Marketing Group of Dallas grabs ThomasArts of Salt Lake City.
ThomasArts has focused on ads aimed at consumers ages 50 and older.
NEWS FLASH about the Tax Cuts and Jobs Act tax rules for to taxpayers who sold life insurance policies.
One sample shows a consumer's taxable income from a policy sale going to zero, from $19,750.
Great American Insurance Group wants customers to show what makes their lives great. Illinois Mutual Life Insurance Company is asking consumers to send in personal photos of a treasured moment in time.
The Illinois Mutual contest will raise money for charity.
The AARP-Medico policy can reimburse a policyholder for part of the cost of home care, or for the cost of staying in a nursing home, assisted living facility, or adult daycare program.
The product offers access to care coordination benefits as well as reimbursement for care.
The Oceanwide Holdings board rescheduled a shareholder meeting for Feb. 19.
The company would prefer that shareholders cast their votes online.
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Ted Koppel speaking at NAILBA.
Live views from the show floor at #NAILBA35
