INSURANCENEWSNET MAGAZINE
SPECIAL FEATURE
The need for speed — With Esfand Dinshaw
Sammons Chairman and CEO Esfand Dinshaw sees “instant” underwriting decisions as the key to increasing life insurance sales — an.. Read More
From The Field
Best practices for identifying compliance risks
Compliance incident management involves identifying, evaluating and mitigating incidents that might constitute breaches of laws, regulations or company policies.
Help parents of special-needs children plan for their financial future
Parents of a child with special needs are haunted by one question: “Who will take care of my child when I’m gone?”
The 1960s – the decade and the workers who were born in it
The unique intersection of a decade, an age bracket and the value they bring to organizations.
LIFE INSURANCE NEWS
MassMutual partnership with Insurify enables advisors to help clients comparison shop for P/C
MassMutual financial professionals can now offer their clients and prospects property/casualty insurance, thanks to a partnership between MassMutual and Insurify.
- $80M verdict for 3 workers fired for taking ‘off the record’ time off in California
- NY lawsuit over premium financing tests oversight promised by Reg 187
- Fitch monitoring Globe Life following short seller’s allegations
- Woman’s Life Insurance Society to merge with Trusted Fraternal Life
- Globe Life accused of rampant insurance fraud by short-seller report
ADVISOR NEWS
Wife of Par Funding founder pleads guilty to hiding millions in tax fraud case
Lisa McElhone, 44, of Philadelphia, told a federal judge Monday that she dodged taxes owed in Pennsylvania by lying on tax forms about where she and her husband lived. Though they spent most of their time at their $2.5 million Haverford home and, in his case, working out of Par Funding's Old City offices, the couple claimed to be residents of Florida, which has no state…
Annuity News
Strategic philanthropy: A look at charitable lead annuity trusts
The CLAT provides a structured framework to craft a narrative of purposeful philanthropy. Read More
Fiduciary
Fiduciary rule to take effect Sept. 23, setting stage for major changes, legal battle
Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long.. Read More
Insurance & Financial Fraud
Santa Fe's 'mini-Madoff' to serve four years in federal prison on fraud charges
Apr. 23— ALBUQUERQUE— An unregistered Santa Fe investment adviser dubbed a "mini-Madoff" by his victims was sentenced .. Read More
Former HGTV star gets jail time for real estate fraud
--Charles "Todd" Hill, who starred on the HGTV show "Flip It to Win It," was sentenced to jail in California.. Read More
Richfield construction subcontractor sentenced for insurance fraud
Fabian Espinosa, owner of Richfield- based Fabian Espinosa Construction LLC, was originally charged in Hennepin County District .. Read More
Eligible New Yorkers will no longer have copays for insulin
Kathy Hochul signed legislation to eliminate insulin cost-sharing for any New Yorker on a state-regulated health insurance plan... Read More
Peak, the story of the Monterrey-based fund that defrauded its investors
Peak Investment Fund Management, an investment firm based in Monterrey, has decided to file for bankruptcy, affecting the resour.. Read More
David Beckham and Mark Wahlberg's friendship ends in lawsuit
Beckham accuses Wahlberg's fitness company, F45 Training, of deceit and fraud, alleging that he was not paid what he agreed.. Read More
Property and Casualty News
Surging auto insurance rates squeeze drivers, fuel inflation
—Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in Marc.. Read More
Florida small businesses prepare for an "extremely active" hurricane season
If you're an insurance producer or small business owner in Florida, or anywhere along the Gulf or Atlantic coast, you can g.. Read More
Louisiana lands $156 million to help people get solar panels. See what's planned.
The state Department of Energy and Natural Resources hailed the award Monday as a win for efforts to make the state more resilie.. Read More
Health/Employee Benefits News
Medicare recipients are putting off care more than other insured adults as costs rise
QMedic analyzed data from the Commonwealth Fund's 2023 Health Care Affordability Survey to illustrate how many Americans ar.. Read More
Private insurance companies now covering over-the-counter birth control, New Mexico says
Apr. 22— Private insurance companies operating in New Mexico are fully covering Opill, the first daily oral contraceptive pill t.. Read More
Annual supply of contraception could be covered by Missouri private insurers
Apr. 22— JEFFERSON CITY— A year's supply of contraception would have to be covered by the state's private health insur.. Read More