How insurance professionals can get into trouble with AI
We have all learned that AI can be wrong, but individuals assume liability if they propagate that information.
Source: insurancenewsnet.com
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FINRA boots SW Financial in first Reg BI expulsion
New York-based Salomon Whitney Financial did not disclose fees and failed to monitor churning despite a long history of violations, according to a FINRA order.
Source: insurancenewsnet.com
Apollo expects to pull wealthy investors into alternatives with new annuity, investment vehicle
Apollo Global Management has high hopes for two new products it expects will interest high-net-worth investors in alternative investments.
Source: insurancenewsnet.com
Will AG 49-B be a May Day or meh day for IUL illustrations?
As Actuarial Guideline 49-B takes effect, some predict a indexed universal sales hit while others don’t see much change in illustrated rates.
Source: insurancenewsnet.com
'Third rail' heats up as Social Security reform talk increases
Sen. Bill Cassidy, R-La., says the reason Social Security will be the deadly third rail of politics is not avoiding its impending insolvency.
Source: insurancenewsnet.com