Why the insurance claims payout process could deter AI adoption
INSURANCENEWSNET MAGAZINE
In this issue...
- The Medicare agent squeeze
- How to have a black belt practice — With John Terry
- Georgia insurance agent wows on ‘American Idol’ — with Philmon Lee
- ACA subsidy turbulence is reshaping employee benefits
- Regulators tackle controversial annuity illustrations
- Every role in your agency touches revenue
SPECIAL FEATURE
The silver economy ushers in a new era of life insurance growth
Longer lives, fewer births and an unprecedented concentration of wealth among older Americans are reshaping the demand for financial protection... Read More
From The Field
Plan now for lower Social Security benefits later
Addressing the Trust Fund’s solvency shortfall will come with a cost for future retirees.
AI isn’t cutting broker jobs. Here is what it is doing instead
We are poised for a demographic shift that could leave millions of Americans without a broker or advice to help navigate a complex and costly insurance market.
The conversation almost no advisor is having yet
You built your practice on having the hard conversations everyone else avoids. This is simply the one you haven’t added yet.
ADVISOR NEWS
Succession planning: Building the future of your practice
Advisors would be wise to heed their own advice when it comes to planning for the transition of their business.
NEWSWIRES
Task force keeps Wyoming-run catastrophic health insurance talks alive
Wyoming health administrators proposed establishing a state-operated public health insurance plan when they applied for federal Rural Health Transformation Program funds last year. Wyoming lawmakers— many known for their small-government ethos— were skeptical of the so-called BearCare idea, and it was ultimately stripped from the federal…
- An Application for the Trademark “LIVE TODAY, SECURE TOMORROW.” Has Been Filed by Security Mutual Life Insurance Company of New York: Security Mutual Life Insurance Company of New York
- Reports Outline Insurance Study Findings from Southeast University (Modeling and Pricing Cybersecurity Insurance With Information Asymmetry): Insurance
- AM Best Assigns Credit Ratings to Jet Insurance Company
- THE ECONOMIC EFFECTS OF CENTRAL BANK INDEPENDENCE
- INSURANCE QUIT HORSIN' AROUND: CALL INSURANCE DEPT.
Annuity News
Industry pushes back on linking ‘financial strength’ to annuity illustrations
Regulators began looking harder at annuity illustrations this year after learning that some products were illustrating as high ... Read More
Life Insurance News
Court losses bring Greg Lindberg fraud victims closer to restitution
One-time insurance mogul and convicted fraudster Greg Lindberg saw more avenues to appeal a $1.6 billion restitution order clos... Read More
Health/Employee Benefits News
AmeriHealth Caritas Makes Strategic Investment in Deon Health
AmeriHealth Caritas announced today a strategic investment in Deon Health, a Michigan- based specialty managed care organizatio... Read More
Report: 45,000 Wisconsinites dropped ACA health insurance after federal subsidies ended
Wisconsin's decline comes after seeing increases in ACA marketplace participation every year, reaching a high point in Jan... Read More
5 QUESTIONS AND ANSWERS ABOUT MEDICAID AND PROVIDER TAXES
The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Alice Burns, Elizabeth Hinton, Jada ... Read More
Property and Casualty News
AM Best Affirms Credit Ratings of OneNexus Oklahoma Captive Corp.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of OneNexus Oklahoma Ca... Read More
Did a recent ruling kill California’s multi-million-dollar bail bonds industry?
If you visit the Sacramento County courthouse, chances are you will see at least one member of the Padilla family in a freshly-... Read More
State Farm shells out $5 billion in dividends to auto customers
State Farm is shelling out $5 billion in payments to its auto insurance customers. Each payout is based upon a percentage— rang... Read More
Insurtech News
What’s next for insurtech? Industry leader shares insights
While the insurtech industry has primarily focused on leveraging artificial intelligence for automation, Dan Schuleman, founder... Read More
