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.
Prudential overhauled its leadership team, restructured operations, and shed noncore assets to fuel growth, executives have said.
State insurance regulators want to reopen a key annuity illustration model regulation as they weigh a significant overhaul of how illustrations are used.
Total annuity sales for the first quarter were flat year over year, Wink, Inc. reported Friday, and fell just short of the $100 billion mark.
Evolving regulations and AI-driven technology are colliding with major industry consolidation to fundamentally reshape the annuity landscape. These powerful shifts are transforming everything from product design to the way consumers experience retirement security.
An attorney for the late racing legend Kyle Busch claims critics are pushing a “false narrative” about the driver’s life insurance coverage.
Judge Max O. Cogburn sent disgraced financier and insurance company magnate Greg Lindberg back to federal prison Tuesday.
The sudden death Thursday of 41-year-old racing icon Kyle Busch has reignited an intense debate regarding the role of indexed universal life insurance in financial planning.
The Connecticut insurance commissioner reports that PHL Variable policyholders could see more benefits than expected.
A pair of plaintiffs say that Liberty Mutual Insurance Co. failed to protect sensitive personal and medical information allegedly stolen in a data breach.
More than $150 million from the sale of a key asset tied to Greg Lindberg’s insurance empire has been distributed to policyholders with uncovered claims.
Disgraced financier Greg Lindberg is asking a federal judge to sharply reduce his prison time ahead of a consolidated May 26 sentencing hearing.
Ameritas settled a lawsuit with a North Carolina couple over alleged improper annuity sales, court filings show.
The NAIC best-interest annuity sales rule is working, industry trade groups say. The CFP Board disagrees and is pushing regulators to get tougher.
The DOL is (again) abandoning attempts to extend fiduciary duty to one-time rollovers from retirement accounts. Will the fiduciary rule rise a third time?
Prudential posted stronger first-quarter earnings Wednesday, even as the insurer continued to grapple with fallout from compliance problems in Japan.
As life insurers toast another quarter of strong sales, executives are also eyeing the elephant in the room: a looming Equitable-Corebridge powerhouse.
Genworth Financial continues to grow its CareScout brand while doubling down on efforts to proactively manage its mispriced LTC blocks.
CVS Health reported strong first-quarter results Wednesday, with its insurance business, anchored by Aetna, showing meaningful improvement.
Corebridge and Equitable announced a March merger to form a $22 billion entity, a deal expected to close by year-end 2026.
Transamerica reached a settlement on charges that it improperly increased COI charges on certain life insurance policies in 2022 and 2023.
