ASSISTANT Treasurer Josh Frydenberg has taken on board recommendations made by the financial services industry to improve life insurance, a sector the corporate supervisor believes is dogged by bad ...

Life/risk advisers should not be viewed in the same manner as those providing investment advice and can’t simply replace commission revenue with fee revenue in the same way investment advisers managed ...

Effective March 31, 2022, the Idaho Department of Insurance revoked the insurance producer license of Kyle Blaine Swallow for violations of the Idaho Insurance Code. Swallow, a licensed insurance ...

MIAMI – A pair of insurance agents based out of Miami are facing felony charges after state investigators said they stole clients’ identities, took out fraudulent life insurance policies without their ...

Senior citizens walk into banks seeking safety and certainty. Too often, they walk out with complex insurance products that ...

The Department of Financial Services has sought explanations from insurance councils on rising commissions failing to boost ...

According to sources, IRDAI may propose a return to segmental commission caps, similar to the older regulatory framework.

Agents or their nominees will no longer automatically be entitled to commissions for the insurance policies they sold, once they leave the insurer. The company will decide whether to pay or not ...

Emkay sees the possibility of draft commission regulations being released this month with some emphatic provisions toward ...

The Quality of Advice Review has stated there are benefits of retaining commission for life insurance but admits it could result in lower-quality advice for consumers. There were currently a number of ...