Osaic Launches Direct Billing for Fee-Based Variable Annuities
Osaic introduces direct billing for select fee-based variable annuities, simplifying annuity management and enhancing operational efficiency for financial advisors.
Osaic introduces direct billing for select fee-based variable annuities, simplifying annuity management and enhancing operational efficiency for financial advisors.
mea Platform and ACORD Solutions Group partner to integrate AI-driven data extraction with ADEPT, automating insurance underwriting, policy administration, and claims processing.
Regulators and actuaries evaluate shifting to insured population data to better capture mortality trends in individuals aged 80+, addressing rising mortality deterioration and socioeconomic impacts on longevity.
LIMRA's Q1 2025 report shows a 16% decline in workplace life insurance and a 15% drop in disability insurance premiums, reflecting early 2025 economic softening.
Saifr introduces an AI-driven compliance agent for life insurance and annuity advertising, enhancing regulatory adherence and operational efficiency for insurers.
National Insurance Awareness Day on June 28 highlights the importance of reviewing insurance policies, understanding coverage, and staying compliant with evolving regulations for individuals and insurance professionals.
Explore comprehensive insights on variable universal life insurance (VUL) including its structure, flexibility, risks, fees, and market share in the U.S. life insurance industry.
New York State audit finds over $1.5 million in Anthem Blue Cross overpayments for physician-administered drugs under the Empire Plan, highlighting ongoing oversight and claims management challenges.
NAIC's initiative to define third-party data in AI models raises regulatory clarity concerns amid calls for flexible governance to support insurance innovation.
Fadel Alshalabi, owner of Crestar Labs in Tennessee, sentenced to five years for orchestrating a $129M Medicare and Medicaid kickback and billing fraud scheme involving unauthorized genetic tests.