InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. John may be reached at [email protected]. Follow him on Twitter @INNJohnH.
There is concern in the life insurance industry that a forthcoming Department of Labor report could target group annuity contracts by pension plans in pension risk transfer transactions.
Guardian Life Insurance Co. is taking its shot at one of the hottest annuity segments in the market with its first registered indexed-linked annuity offering.
The tragic collapse of the Francis Scott Key Bridge Tuesday morning will eventually trigger insurance claims that will likely cost billions, AM Best said.
State Farm is scheduled to argue for a partial summary judgment Thursday before a federal judge in Illinois as it defends another class-action lawsuit over vehicle loss assessments.
State insurance regulators plan to issue guidance on its best-interest annuity sales model after reviews turned up “deficiencies” in producer monitoring.
State insurance regulators are seeking comments on a proposal to further regulate insurers involved in often multi-billion-dollar reinsurance deals with offshore companies.
Life insurers know that technology is one of their biggest challenges to capitalizing on the enormous market appetite for life insurance and annuities.