Articles
Globe Life to report third-quarter results amid swirling controversey
Globe Life executives are slated to meet with Wall Street analysts Thursday in a call that is much more interesting than it was two weeks ago. The insurer is expected to share numbers from a successful third quarter. But ongoing court cases and a troubling data breach are sure to be discussed. It has been […]
Insurance regulators urged to get serious with receivership database
Peter Gould is a policyholder and a realist who knows that insurers will sometimes fail. But he wants the comfort of knowing that regulators are at least learning from those receivership cases. He’s not convinced they are. Gould recently submitted a proposal for the “Improvement and expansion of the Global Receivership Information Database (GRID) system.” […]
Blue Cross healthcare antitrust case reaches tentative $2.8B settlement
After 12 years of legal wrangling, a huge class action against Blue Cross and Blue Shield has ended with a tentative agreement that is being called the largest healthcare antitrust case of its kind. Blue Cross agreed to pay roughly $2.8 billion to settle accusations brought by health care providers that the giant insurer and […]
Peak 65 underscores the need for protected income
Peak 65 means a new wave of Americans is hitting the traditional retirement age but the retirement industry must help them protect the income they will need to see them through their post-employment years. A panel at the recent Alliance for Lifetime Income Summit discussed ways the industry must help the majority of retirees who […]