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Judge: Class action against State Farm over PHL life policies can proceed

8 hours ago
Image shows the State Farm logo
Fourteen plaintiffs are suing State Farm and "associates," alleging that the defendants had a duty to inform them of PHL Variable's financial troubles. Read more
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  • How life insurance can provide liquidity for wealthy families

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  • Looking out for clients with diminished mental capacity

  • A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets

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  • The triumph of daily victories — With John Nichols
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SPECIAL FEATURE

How to prepare for new AEP rules

As we head into this Annual Election Period, the biggest mistake you can make is to assume a plan that... Read More

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From The Field

CMS places temporary moratorium on new ACA agent registrations

The Centers for Medicare & Medicaid Services issued an interim final rule with comment period placing a temporary moratorium on new agent and broker registrations for the federally facilitated Affordable Care Act exchanges for the 2027 plan year.

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    The post-AEP growth strategy every Medicare agent should know

    Instead of waiting until January to begin prospecting, successful agents start planting the seeds now.

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      3 paths for employers to retain GLP-1 coverage in 2027

      As more insurers limit GLP-1 coverage to patients for weight loss only, employers are searching for ways to preserve access for weight loss alone.

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ADVISOR NEWS

House panel advances CLEAR Forms Act backed by IRI

The House Financial Services Committee advanced the CLEAR Forms Act, an IRI-backed bill aimed at simplifying disclosures for certain annuity and insurance products.

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NEWSWIRES

McCormick floats dedicated department to handle AI

Dave McCormick, R- Pa., says putting AI regulation in the hands of the federal government poses risks and instead offered a different solution that he believes would be better equipped to handle the evolving technology. FINRA, under the oversight of the Securities and Exchange Commission, or SEC, is a self-regulatory organization for member broker-dealers that…

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Annuity News

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Regulators urged to sharply limit hypothetical data in annuity illustrations

NAIC regulators are closing in on changes that would limit the use of historical investment returns in annuity illustrations. Read More

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Life Insurance News

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A-Cap insurers face new takeover push in South Carolina

South Carolina insurance regulators are taking another shot at placing two Advantage Capital Partners-owned insurers into rehab... Read More

  • 40% of Americans believe Medicare will pay for LTC
  • MIB reports double-digit life insurance app activity in record August
  • Life insurance sales rise across all product lines in Q2, Wink reports
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Health/Employee Benefits News

Trump administration cancels insurance for 760,000, alleging fraud

The U.S. Centers for Medicare& Medicaid Services announced Tuesday that it has canceled about 315,000 enrollments in the Fe... Read More

ATTORNEY GENERAL RAOUL PUSHES BACK ON PROPOSED FEDERAL RULE THAT COULD THREATEN HEALTH COVERAGE, COST STATES MEDICAID FUNDING

The following information was released by the office of the Illinois Attorney General:. The rule was proposed by the Centers fo... Read More

City of Santa Fe agrees to $2.5 million settlement in fatal police shooting

The city of Santa Fe has agreed to another high-dollar payout in a civil complaint accusing police of excessive use of force— t... Read More

  • Best’s Commentary: Health Insurers Evaluating Balance Between Pharmacy Costs and Long-Term Value of GLP-1 Therapies
More Health/Employee Benefits News

Property and Casualty News

Charlotte man accused of using stolen identities, fake insurance to buy vehicles

A Charlotte man is facing 14 felony charges after North Carolina investigators accused him of using stolen identities and fraud... Read More

City of Santa Fe agrees to $1.25 million settlement in use-of-force case

The city of Santa Fe and its liability insurer have agreed to a $1.25 million settlement to resolve a man’ s claim of excessive... Read More

AI Neo-Insurer MGT Expands Small Commercial Coverage to California

MGT, the leading AI-native neo-insurer modernizing P&C commercial insurance for small businesses and their agents, today an... Read More

  • YC-backed Soteris Comes Out of Stealth to Help P&C Insurers Make Millions More From the Book They Already Have
More Property and Casualty News

Insurtech News

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AI skills in higher demand than MBAs in financial services

As artificial intelligence continues to take over the financial services industry, a new report by PwC found there is more dema... Read More

  • Protecting client data in the age of AI
  • New assessment tool helps insurers take a hard look at their AI game plan
  • Overcoming the AI trust gap
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