Picture this – the housing market is soaring, and the markets have been steadily increasing for years. While your first thought may be the present day, it also harkens back to the 1990s when there were very similar conditions. A sustained ‘bull market’ in the...
The substantial change to IRC Section 7702 made by the Consolidated Appropriations Act has been the big story in 2021. Why were these changes made and what might this broadly mean for different insurance products? Unpack the changes with us in this **SPECIAL EDITION*** POINTS...
As the old adage goes, “In theory, there is no difference between theory and practice. In practice, there is.” I think this proverb applies to many aspects of our industry, but perhaps nowhere is it more obvious than with regulation and the recent A-supplement to...
For those who remember September of 2015, it was the big month in the world of Indexed Universal Life (IUL) as the first phase of Actuarial Guideline (AG) 49 took effect.Five years does a lot for product development, and what initially brought standardization to crediting...
In March we read about the Federal Funds rate dropping to .25%. About that same time, we started seeing carriers announce many changes to their product portfolios. So, the obvious question is, what is the relationship, if any, between the two?...