Broker Regulation

There's a simple reason fee-based life and annuity product sales have been low: typical insurers have paid too little attention to the needs of RIAs, the people who have been selling fee-based products all along.

The approach: Let the state contract with wholesalers in Canada, importing cheaper prescriptions from up north and distributing them to the states health care system.

Insurers will again be able to sell short-term health insurance good for up to 12 months under a proposed rule released Tuesday by the Trump administration that could further roil the marketplace.

Financial regulators in New York are investigating allegations that insurance companies have declined customers seeking life, disability or long-term care policies because they were taking medication to protect themselves from HIV.

Health organizations increasingly are targets of cyber-extortion plots aimed at hijacking patients sensitive personal data, the U.S. Department of Health and Human Services warns.

While insurance industry surplus reached an all-time high in mid-2017, exceeding $700 billion, last years catastrophic events effect on earnings means thin profit margins for many carriers.