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Florida shuts down The Wave Insurance after alleged $100,000 premium scheme

15 hours ago Property and Casualty News No comments.

Regulators say The Wave Insurance targeted Destin-area businesses and collected more than $100,000.

Read more
16 hours ago
Image shows a fisherman hooking a big fish
Life insurance consolidation is a major trend in the industry. (AI-generated image)

Life insurance distribution: Bigger isn’t better unless you make it work

Industry consolidation is entering a new phase as companies shift focus from acquiring businesses to investing in what they have.

John Hancock expands protection portfolio

16 hours ago

BOSTON — John Hancock announced enhancements to both its Protection IUL 26 product and its term life insurance portfolio, expanding…

National Life adds new index options to SummitLife IUL

16 hours ago

MONTPELIER, Vt. — National Life Group announced that two new indexes and four new index crediting options are now available…

September 28, 2026
Why it's important to get off to a strong start (AI-generated image)

The first 5 years of your career could determine the next 50

Wealth is determined by the habits you acquire during your early working years.

September 28, 2026
Image shows the LIMRA logo and a crowd of people
LIMRA CEO David Levenson expects the largest attendance in decades for the association's annual meeting this week. (AI-generated image)

Booming sales, big challenges bolsters attendance at LIMRA annual

While life insurance and annuity sales are both at or near record highs, the industry still faces many challenges, LIMRA CEO David Levenson said.

September 25, 2026
New York regulators rejected Tesla Insurance's proposed auto program, raising questions about telematics and eligibility rules. (Ai-generated image)

Tesla Insurance blocked as NY regulators examine connected-car coverage

New York regulators rejected Tesla Insurance’s proposed auto program, raising questions about telematics and eligibility rules.

September 24, 2026
Reach out to clients to review their coverage before term policies lapse (AI-generated image)

Time to revisit your clients’ life insurance coverage

Our value as advisors often lies in keeping an open line of communication year after year.

September 24, 2026
Image shows an unhappy face
Insurance claims adjusters are the most critical of AI across all industries, with a whopping 98% of their reviews mentioning AI in a negative light. (AI-generated image)

Could AI in insurance drag employee morale down?

Fears about being replaced by artificial intelligence could be sucking morale out of today’s insurance workforce, as a Glassdoor report found that more than 80% of employee reviews that specifically mentioned AI in insurance were negative.

Greg Lindberg files racketeering lawsuit against Causey, rehabilitation officials

September 24, 2026

Greg Lindberg’s federal RICO lawsuit alleges improper fees and discounted asset sales by insurance regulators.

September 24, 2026
Options are available when a spouse does not qualify for long-term care insurance (AI-generated image)

When one spouse qualifies for LTCi and the other doesn’t

Couples often face a dilemma when only one spouse qualifies for long-term-care insurance coverage, leaving them on the financial hook to pay for the expenses that are associated with the LTC costs of the spouse who has not qualified for the product.

September 24, 2026
A look at the impact lower interest rates could have on annuity rates (AI-generated image)

What lower interest rates mean to annuity payouts

The rate environment has shifted, and not every product responds the same way.

September 23, 2026
Image shows a badge with the words, "AM Best Rating"
AM Best lowered the financial strength rating of a pair of Advantage Capital-owned life insurers. (AI-generated image)

AM Best downgrades A-Cap insurers amid financial and regulatory troubles

AM Best has downgraded the financial strength ratings of two Advantage Capital Group insurers, citing deteriorating capital and other issues.

September 23, 2026
About 750,000 individuals were cut off from Affordable Care Act coverage (AI-generated image)

ACA coverage canceled for 750,000 individuals

On the same day that the Trump administration placed a temporary moratorium on registering new agents to enroll consumers in Affordable Care Act coverage, the administration announced it is canceling ACA coverage for about 750,000 people.

September 23, 2026
New lawsuit alleges Delaware Life understated related-party investments and withheld key information from annuity buyers. (AI-generated image.)

Lawsuit claims Delaware Life hid billions in insurer-linked investments

New lawsuit alleges Delaware Life understated related-party investments and withheld key information from annuity buyers.

September 23, 2026
The baby boomer generation did everything its own way. Preparing for retirement should be no different. (AI-generated image)

Boomers: You gotta fight for your right to prepare

The four questions to help form a plan for aging independently.

September 23, 2026
Image shows George Washington with his finger to his lips
While wealth and protection are related, they're not the same thing. (AI-generated image)

Your client’s $3 million portfolio doesn’t tell you their insurance needs

Advisors should be thinking not about whether clients can afford a loss, but whether they want to absorb that loss.

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

September 22, 2026

A Charlotte man is facing 14 felony charges after North Carolina investigators accused him of using stolen identities and fraudulent…

September 22, 2026
Image shows a large lock.
CMS said a temporary, prospective pause on new agent registrations allows the agency to enhance identity-verification, authentication, monitoring and other program-integrity controls. (AI-generated image)

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.

September 22, 2026
Image shows the State Farm logo
Judge Virginia Kendall denied State Farm’s motion to dismiss a complaint from clients who bought PHL Variable life policies from State Farm and its subsidiaries between 2001 and 2009. (AI-generated image)

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

Fourteen plaintiffs are suing State Farm and “associates,” alleging that the defendants had a duty to inform them of PHL Variable’s financial troubles.

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