While corporate pension funds “bit the bullet” on funding their pension plan obligations, public plans and unions could be in jeopardy of “going broke.”

At least one long-term care insurance executive said that despite recent concerns about the product, the industry is thriving.

The majority of baby boomers feel stress about the future of costs of their retirement after seeing their investments take a bath in the market collapse of 2008.

Limits on contributions and low interest rates mean the role of health savings accounts (HSAs) in saving for health care costs in retirement will be “minor,” according to a new report.

House Majority Leader Steny Hoyer was less celebratory April 1 than he’s been in the nearly two weeks since the passage of historic health care reform, striking a gloomy tone as he spoke about America’s troubled fiscal future.

The insurance industry suffers from a poor public image, according to several property-casualty insurance executives, and that image problem is crippling its efforts to attract young workers.

Although the outcome of the health care reform is uncertain, the need and demand for disability insurance is inevitable. According to the National Association of Health Underwriters, nearly 33% of all Americans will suffer a serious disability between the ages 35 and 65 that will last for an average of more than five years.

The Independent Insurance Agents & Brokers of New Jersey is partnering this fall with Mercer County Community College to offer an Insurance and Financial Services AAS degree that it hopes will create more agents.

A congressman has introduced legislation to provide a tax deduction to people who buy long-term care insurance.

Rodney Alexander

Rep. Rodney Alexander (R-La.) introduced the Sunset of Life Protection Act (H.R. …  Read →

Health and life insurance companies hedge their bets with baby boomers, sending them more marketing materials than members of Generation X and Generation Y.

The findings, based on research from Mintel …  Read →