IRI is urging House Democratic Leader Hakeem Jeffries to include retirement-security proposals in Democrats’ affordability agenda.
This report compiled by InsuranceNewsNet staff.
Staff Reports
Life insurance sales rise across all product lines in Q2, Wink reports
Life insurance sales topped $3.1 billion in the first quarter, Wink, Inc. reported, up substantially over the first quarter and last year.
Wisconsin regulators will hold a Sept. 21 hearing on a proposal to transfer control of SU Insurance Co. to the Polaski Family Trust.
Nationwide and Annexus have added what they said is the first mutual fund-linked strategy to a fixed indexed annuity. The…
IRI urges Senate action on 403(b) parity legislation
The Insured Retirement Institute is urging Senate leaders to move forward with legislation that would expand investment options for people saving in 403(b) retirement plans.
Wink: Annuity sales post strong Q2, led by MYGAs and structured products
Annuity sales seem to be settling at a level the industry can sustain, with second-quarter sales again topping $100 billion.
Legacy Marketing Group and Malibu Life USA have partnered to launch two fixed indexed annuities, expected to debut in September 2026.
Mending Health lands under Oklahoma supervision following ACA exit
Regulators said the action is intended to protect policyholders and ensure claims continue to be paid during the supervision process.
SEC pushes Vanguard Fair Fund distribution plan to 2027.
Total U.S. annuity sales rose 4% year over year to a record $123.9 billion in the second quarter of 2026,…
American International Group announced Tuesday that it will sell about 25 million shares of common stock of Corebridge Financial, representing…
A central New York tax preparer and insurance agent who admitted to operating a decades-long Ponzi scheme that defrauded nearly…
The Federation of Americans for Consumer Choice has dropped its lawsuit against the Department of Labor after the agency withdrew guidance at the center of the dispute.
Indexed life sales hit big despite lawsuits, market headwinds, Wink finds
Despite several high-profile lawsuits and continued market turbulence, indexed life insurance remains the preferred product for consumers.
DOL proposes new independent contractor rule; industry is ‘encouraged’
The Department of Labor on Thursday unveiled a proposed rule to clarify how businesses and workers determine whether a job qualifies someone as an independent contractor.
Former NFL player convicted in nearly $200M Medicare fraud scheme
Joel Rufus French sold patient information and sham doctors’ orders for orthotic braces that patients did not want or need.
IUL tax strategy at center of new lawsuit filed in South Carolina
A new lawsuit in South Carolina alleges that Pacific Life accepted more than $1 million in premium payments tied to an IUL policy after firing the agent.
2025 annuity sales creep closer to $500 billion, LIMRA reports
Total annuity sales increased 6% in 2025, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
Auto insurance rates fell in 2025, but affordability gap between states is widening
After car insurance prices eased in 2025, insurers expect the gap between the most and least expensive states to widen further in 2026.
Life insurance application activity hits record growth in 2025, MIB reports
Life insurance application activity closed the year up 22% in December, the MIB Life Index reported, helping 2025 set a record for growth.
