Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected].
Insurance company merger and acquisition deals fell off the table in 2023, hampered by the rising cost of capital and…
After intentionally “throttling” growth in 2023, executives at Lemonade say they expect to accelerate its growth plans by a factor of three.
NAIC issues ESG insurance sector policies, an expanding metric to grade insurers’ underwriting, investing, or other business decisions.
Genworth Financial pleased with the company’s fourth quarter financial results despite reporting a $230 million loss.
Lawsuit accuses drug giant Johnson & Johnson of mismanaging its employee benefits program and overcharging for drugs.
Court rejects AIG’s claim that a bank’s losses from a Ponzi scheme run by one of its customers were not insurable.
Allstate reported 2023 Q4 adjusted net income in the of $1.5 billion on revenues of $14.8 billion, up 8.7% from the same period in 2022.
Lincoln Financial Group reported a net Q4 loss of $1.2 billion and a loss of $835 million for the full year of 2023.
Equitable Holdings, Inc. cited resilience in the face of strong headwinds, and steady growth in its 2023 Q4 and full-year financial results.Â
Prudential Financial Inc. Wednesday announced a significant turnaround in 2023, with net income reaching $2.48 billion,
New York’s recently proposed rules on how insurance carriers should use AI is a likely harbinger of what’s to come from U.S. regulators,
According to tech and financial experts, seniors will greatly benefit from AI, without ever needing to know it’s working for them.
Study asks: If buying annuities is a good option for many retirees, why aren’t more people purchasing them?
The economy outfoxed economists once again, with better than expected results possibly extinguishing the notion of an impending recession.
The Hartford announced it will cease writing new Calif. homeowners insurance policies starting next month.
The DOL’s independent contractor rule proposal has met with resistance, confusion, and continued legal action by labor organizations
A number of healthcare insurance companies have added “insurrection” and “riots” to their list of excluded benefit payments.
It’s clear that all is not right with the property and casualty industry – and that it’s going to get worse before it gets better.
Application activity for U.S. life insurance grew at a near 3% rate in 2023, showing the first uptick in almost four years.
The DOL’s new rule to determine if a worker is an employee or independent contractor could undermine advisor’s independent contractor status.
