Millennials making progress toward retirement saving, but Social Media is an Achilles’ heel

New study from Allianz Life finds parents’ bad experiences also impact millennial financial behavior; Study also shows boomers finally showing signs of optimism about their retirement readiness.

9 worst scammers of 2017 named to Insurance Fraud Hall of Shame

An extensive (and expensive) list of perpetrators make up the “No Class of 2017” as determined by the Coalition Against Insurance Fraud.

World’s Best (budget-friendly) Places to Retire in 2018: Costa Rica takes top spot

Those approaching retirement without the funds to do so comfortably stateside may be interested in InternationalLiving.com’s recently released ranking of the “World’s Best Places to Retire.” IL also offers its “5 Most Affordable Retirement Havens” and “6 Top Retirement Spots where the Climate is Great.”

Business owners’ love of work may hinder succession planning

Nationwide draws parallel between number of business owners with no plans to retire and lack of succession plan in new study. Two in three business owners report not having one in place.

Boomers most likely to use an online source for life insurance info; Millennials more...

Younger generations often start out having more questions and feel working with a financial professional is the best way for them to learn and understand. The trend shows as buyers age, they feel more comfortable using other purchasing methods.

Insurtech Update: News from 5 startups looking to disrupt their markets

The latest developments at tech companies across the life & health and P&C spectrums – Lemonade, Haven Life, Ladder, Wellthie and Hippo – involve new funding, expansion plans, new offerings and more.

Tech, innovation and evolution of DC plans drive LIMRA predictions for 2018

One specific prediction is that defined contribution (DC) plans will evolve to provide more options for contract or independent workers. LIMRA has also announced a focus on agent retention for its upcoming Distribution Conference.

U.S. life insurance application activity in 2017 dips, but shows steady recovery after slow...

Increase in application activity for younger buyers in the second half of last year drives 2017 MIB Life Index; is said to validate industry’s investment in reaching this key segment of the underserved market.

Vermont again tops for insurance regulation environment; Delaware ranks last, report finds

While Vermont is only state to earn an A+ grade, significant new restrictions imposed on underwriting freedom relegated Delaware to the bottom of R Street Institute’s 2017 Insurance Regulation Report Card.

Execs predict modest gains this year for life market

Strength in whole life, IUL and hybrid markets identified as reasons for optimism in LOMA 2018 Life Industry Forecast.