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NAIC working group pressed to accelerate annuity illustration overhaul

5 hours ago
Image shows a cartoon large man making a fist.
The working group is weighing revisions addressing how insurers present non-guaranteed crediting rates and other issues. Read more
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TOP NEWS
  • Can insurers finally eliminate the supplemental claims headache?

  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products

  • CareFirst should have seen alleged fraud 3 years earlier, defendants say

  • AI isn’t replacing agents, but it’s changing their value

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  • How AI Is Changing Life Insurance
  • Indexed Universal Life: Tax-Free Promise or Costly Illusion?
  • The triumph of daily victories — With John Nichols
  • Patrick Crayton’s New Insurance Playbook
  • The power of independence in the high net worth market
  • Turning awareness into action during Life Insurance Awareness Month
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SPECIAL FEATURE

Record IUL sales don’t diminish the need for continued customer engagement

Record IUL growth is raising the standard for case design, consumer education and long-term policy service as financial professionals move... Read More

MORE FEATURES

From The Field

Is financial security possible in the longevity economy?

The industry has the tools it needs. What’s missing is the roadmap for how to use them.

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    The cost of ignoring long-term care

    Why agents can’t afford to stay silent.

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      When technology becomes easy to rent, what still separates life and annuity carriers?

      If you are not a leader in the AI race, what makes you stand out?

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      More From The Field

ADVISOR NEWS

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IRI urges Senate action on 403(b) parity legislation

The Insured Retirement Institute is urging Senate leaders to move forward with legislation that would expand investment options for people saving in 403(b) retirement plans.

  • Three estate planning ideas to protect your clients and their wealth
  • What advisors must know about accessible client documents
  • Your client texted. Now what? The compliance rules advisors better know
  • Helping small-business owners build, grow and exit
  • Help women break through their retirement roadblocks
More ADVISOR NEWS

NEWSWIRES

Letter: Claxton-Hepburn is worth saving!

On this year's list of "worthwhile things to do in 2026," I have "Do something positive to help keep Claxton-Hepburn Medical Center open for business." And, since I enjoy writing "letters to the editors" of our local newspapers, including The Advance-News, I am surely able to do that. I recently received an "Explanation of Benefits" letter from my health insurance…

  • Man convicted of arson, auto insurance fraud
  • One Sioux City Practice Skips the Insurance Maze Entirely
  • Genworth Financial Inc. (NYSE: GNW) Sets New 52-Week High in Thursday Session
  • AM Best Affirms Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiaries
  • Fed's Waller says central bank's next rate move depends on upcoming inflation report
More NEWSWIRES

INN Insider

12 Everyday Bills Retirees May Be Able to Lower

  • Less From Work, More From Medicaid: Health Insurance Coverage and Sources Among US Workers with Disabilities
  • Study: Florida legal reforms strengthen insurance market
  • The Federal Reserve and the Treasury are in denial
  • Fed: U.S. economy grows with contributions from Defense and data centers
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Annuity News

Legacy Marketing Group partners with Malibu Life USA for annuity launch

Legacy Marketing Group and Malibu Life USA have partnered to launch two fixed indexed annuities, expected to debut in September... Read More

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

Cayman Islands premier to meet with U.S. reinsurance regulators

Premier and Minister for Financial Services and Commerce, the Hon. André M. Ebanks MP is travelling to Columbus, Ohio, this... Read More

  • Corebridge annuity sales slip ahead of Equitable marriage
More Annuity News
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Life Insurance News

DLA Piper adds former NAIC CEO Gary Anderson to its Insurance practice

DLA Piper has added Gary Anderson as a Partner in its Insurance practice in Boston, where he advises insurers, reinsurers,... Read More

How advisors can get clients to act sooner on life insurance

Clients often delay a life insurance purchase because they think they’re too young and too healthy to need it. Read More

Wildfire smoke, increasing in frequency, has implications for morbidity

As wildfires occur more frequently, research shows that breathing wildfire-related particulate matter is as hazardous to health... Read More

  • Record IUL sales don’t diminish the need for continued customer engagement
More Life Insurance News
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Health/Employee Benefits News

You can be billed in NC years after your insurer paid a claim. Here’s why.

“It’ s a pox on both your houses,” said Amy Killelea, an assistant research professor at Georgetown University’ s Center on Hea... Read More

Medicaid change to cost Illinois hospitals billions

*Illinois hospitals stand to lose billions of dollars in revenue over the next several years due to changes in Medicaid rules b... Read More

ATTORNEY GENERAL DAN RAYFIELD CHALLENGES TRUMP ADMINISTRATION'S LATEST ATTACK ON HEALTHCARE

The following information was released by the office of the Oregon Attorney General:. In the lawsuit, AG Rayfield and a coaliti... Read More

  • ATTORNEY GENERAL PHIL WEISER SUES TRUMP ADMINISTRATION OVER LATEST ATTACK ON HEALTH CARE FOR TRANSGENDER YOUTH
More Health/Employee Benefits News

Property and Casualty News

Report says insurance is weighing down the housing market

A new report from the Insurance Fairness Project finds that the home insurance crisis has moved from the margins to the core of... Read More

Best’s Market Segment Report: Casualty Sidecars Transfer the Risk, But Not Always the Tail

A new AM Best report delves into the growing capacity materializing in the combined property and casualty sidecars segment with... Read More

State Farm CEO ordered to answer questions in Broken Arrow couple’s roof claim case

In the case of Billy and Lacy Hursh versus State Farm Fire and Casualty Co., Oklahoma County District Judge Amy Palumbo denied ... Read More

  • NAIC meeting a collaborative success
More Property and Casualty News

Insurtech News

Why the insurance claims payout process could deter AI adoption

While many insurers are moving to adopt AI across various aspects of their businesses, claims payouts are being overlooked. Read More

  • What’s next for insurtech? Industry leader shares insights
  • Are lawyer-certified AI agents ‘the future’ of commercial insurance?
  • Agentic AI is transforming insurance sales both for consumers and agents
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