INSURANCE

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Beverly Hills 90210 Mansions Lose Fire Coverage As Insurers Flee

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It's part of a nationwide trend driven by climate change.

68% Of Retirees Fear Outliving Their Savings, Schroders Survey Says

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The top cause of concern was inflation, especially healthcare costs.

Will The Lawsuit Against The DOL Fiduciary Rule Prevail?

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Three experts weigh in on the motion for an injunction against the new rule and hopes to vacate it.

Medicare Insurance Fund Can Pay Full Benefits Until 2036

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Medicare's hospital insurance trust fund's viability improves, adding five years.

MassMutual, Advisor Wage Court Battle Over Finra's Arbitration Jurisdiction

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A federal court is being asked to decide who should arbitrate the company's non-compete complaint against the former rep.

Using Life Insurance To Address Anticipated Rise In Estate Taxes

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Life insurance can help clients with expiring provisions of the Tax Cuts and Jobs Act, advisors say.

HSAs As 'Medical IRAs': A Great But Neglected Strategy

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Using HSAs for long-term compounding can seriously add to clients' wealth. So why aren't more advisors recommending the strategy?

Investors Are Increasingly Interested In A Novel Type Of Weather Insurance

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“Parametric insurance” provides payouts that are triggered by a predetermined parameter.

Investors Turning To Desperate Measures To Pay Bills, Says Allianz Report

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A survey of investors found 42% of them were dipping into retirement savings to make ends meet.

Florida's Home Insurance Industry May Be Worse Than Anyone Realizes

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After property insurers went bankrupt, thousands of homeowners scrambled to get coverage.

Why All Financial Professionals Should Support Overturning The DOL's Fiduciary Rule

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The Department of Labor lacks an understanding of what constitutes retirement security.

If Inflation Reflected Rising Home Insurance Costs, It'd Be Even Higher

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Soaring home insurance premiums could have added about 0.8% to last year's consumer price index increase of 3.4%.

The 10 Healthiest U.S. Cities

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WalletHub ranked cities by factors ranging from healthcare quality to fruit and vegetable consumption.

Most Insurers Expect Private Credit To Outperform Other Assets, Goldman Says

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A company survey of insurance executives also found a significant decline in inflation worries.

Health Insurers Tumble As Final Medicare Advantage Rates Disappoint

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Regulators didn't boost payments for private Medicare plans like the industry expected.

How Insurance Agents Can Ascend Under The New DOL Rule

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The DOL has provided insurance agents with an opportunity to advance the practice of retirement income distribution planning.

How Clients Can Whittle Down Medicare's IRMAA

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Controlling income is key to controlling Medicare surcharges, advisors say.

Home Insurance Premiums May Hit A Record This Year, Report Warns

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Premiums in Florida will approach $12,000.

AI Setting Insurance Premiums Could Be Great--Or A Disaster

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Algorithms using millions of inputs to judge costs and claims are a dream scenario for companies.

Rising Commercial Insurance Premiums And Increasing Exclusions--What Can You Do?

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The 831(b) plan can eliminate gaps in coverage and mitigate premium costs for business owners.

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