‘Explainable AI’ in insurance: 5 best practices & 4 major challenges
INSURANCENEWSNET MAGAZINE
In this issue...
- HNW clients take center stage under Trump
- More than luck — with Kevin Tostado
- Premium financing: A two-edged sword?
- Hitting the accelerator on annuities — With Alison Reed
- Some offbeat ways to meet high net worth prospects
- Why expanding access to financial planning is crucial
SPECIAL FEATURE
5 steps to overcome mistrust in life insurance sales
Life insurance objections: Here are five steps to overcome them. Read More
From The Field
Tariffs threaten P/C insurers with rising costs, sinking margins
Tariffs mean higher costs for the materials needed for P/C repairs, further hurting the industry’s already tight profit margins.
Improving cancer outcomes: Risks and opportunities for the life insurance sector
Cancer research breakthroughs will have profound impacts on the life insurance industry.
The 4% Rule: A safe bet or a missed opportunity?
For decades, the 4% rule has served as a widely accepted guideline for retirees seeking to ensure their savings last throughout retirement.
ADVISOR NEWS
As tariffs roil market, separate ‘signal from the noise’
Market volatility can affect investors in a variety of ways, depending on their financial situation and where they are in their financial life cycle.
NEWSWIRES
Best’s Market Segment Report: Algeria’s Insurance Market Primed for Growth and Expansion
Demographic, economic and regulatory developments in Algeria appear to bode well for the country’ s insurance market, which looks primed for growth, expansion, foreign investment and profitability, according to a new report from AM Best. In its new Best’ s Market Segment Report,“ Algeria’ s Insurance Market Primed for Growth and Expansion,” AM Best notes several of…
- IBX had a $239 million net loss in 2024, its first red ink since 2015
- Spring Valley plumber ordered to pay $1 million for workers’ comp fraud
- Boston City Council passes measure to curb ‘dangerous’ food delivery scooter operations
- Mercy Health, Cigna reach agreement
- Letter: Bentz does nothing to protect SSA, other programs
Annuity News
California insurance department sued by consumer group over public records
The Life Insurance Consumer Advocacy Center (LICAC) has filed a lawsuit against the California Department of Insurance (CDI) fo... Read More
Updated: Equitable, Allianz move into top 5 in final LIMRA 2024 annuity sales list
For the first time ever, total quarterly annuity sales surpassed $100 billion in all four quarters of the year. Read More
Judge sides with SEC in allowing disputed witnesses in Cutter case
A Massachusetts judge will allow the Securities and Exchange Commission to call five disputed witnesses in an upcoming trial ov... Read More
Life Insurance News
5 steps to overcome mistrust in life insurance sales
Life insurance objections: Here are five steps to overcome them. Read More
Health/Employee Benefits News
Letter: Bentz does nothing to protect SSA, other programs
Nevertheless, President Donald Trump and Elon Musk, are actively destroying SSA, with Rep. The SSA programs include retirement ... Read More
Idaho Senate approves Medicaid budget
BOISE— The Idaho Senate on Monday approved the budget for Medicaid— the state's largest budget and a major hurdle to clear... Read More
Providence Health Plan to contract with California insurance administrator
Providence Health Plan, a health insurance provider headquartered in Eugene, announced Wednesday that it has hired San Francisc... Read More
Exxon Mobil Co. (NYSE:XOM) Shares Acquired by OneAscent Financial Services LLC
OneAscent Financial Services LLC grew its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 22.2% during the fourth quarter,... Read More
GOP changes to Medicaid in doubt after Democrat Beshear says legislature failed to fund them
This article mentions suicide. The number for the National Suicide Prevention Lifeline is 988. Changes the Kentucky General Ass... Read More
Rural hospitals question whether they can afford Medicare Advantage contracts
Rural hospital leaders are questioning whether they can continue to afford to do business with Medicare Advantage companies, an... Read More
Property and Casualty News
Florida insurer accused of fraudulently backdating storm claims to return $30M to state
One of Florida’ s largest homeowners insurance companies will pay back $30 million to the state to satisfy allegations it illeg... Read More
Boston cracks down on delivery app drivers with new regulations
New rules in Boston aim to lessen traffic congestion and unsafe driving by cracking down on delivery drivers who work for compa... Read More
Insurer rebuts new attorney general’s claim he secured $30 million to resolve fraud claim
Universal Property& Casualty Insurance Corp.— the state "s third-largest property insurer by policy count— has agreed ... Read More
Insurance & Financial Fraud
You’re Wrong Elon: Social Security’s Not The ‘Ponzi Scheme’, The ‘Unrealized Gains’ Tax Loophole Is – OpEd
"At current interest and tax rates, it is far cheaper to borrow against the value of one's shares than to sell them ... Read More
