Fifty-eight percent of life insurers are either using or have an interest in using artificial intelligence in their businesses, an NAIC working group found.
A National Association of Insurance Commissioners’ working group came no closer Thursday to deciding an LTC rate review standard.
The SECURE Act and its companion, SECURE 2.0, introduced several changes to retirement saving and associated tax implications for 2024. Likewise, the looming presidential election will have major influence on the direction of tax policy.
For a second year in a row, inflation is expected to negatively impact projected tax rates for 2024.
A closer look at the 494-page fiduciary rule reveals the potential for severe penalties for any failure to adhere to the fiduciary standards, say lawyers from Groom Law Group.
KKR’s deal to acquire the remaining 37% of Global Atlantic Financial Group is part of a larger plan to power up the investment firm’s overall earnings, executives said Wednesday.
KKR resolved lingering liabilities with Global Atlantic Financial Group minority shareholders by purchasing the remaining 37% of the insurer for $2.7 billion.
As federal officials continue to push for more detailed climate data from insurers, state regulators are emphasizing climate concerns during this week in Orlando.
A Washington state judge denied a bid by insurer Crum & Forster to terminate a lawsuit over cybersecurity event at a Seattle logistics company.
The Life Insurance and Annuities Committee approved its 2024 work charges Tuesday with no comment.
A top executive to disgraced financier Greg Lindberg agreed to settlement terms with four insurance companies once owned by Lindberg and now in liquidation.
Globe Life is being sued by a former executive who claims he was fired for blowing the whistle on “potentially illegal” sales practices.
The Department of Labor denied a request for an extension of a public comment period for its controversial fiduciary rule package. A public hearing will be held next month.
Massachusetts Mutual Life Insurance Co. said it will “wind down” its online Haven Life subsidiary, which offers term life insurance only.
The new DOL fiduciary rule is 500 pages. The biggest fight will come down to how agents – independent and captive agents – are regulated.
Washington state turned to the courts last week in a bid to block any premium increases by Senior Health Insurance Company of Pennsylvania.
Oversight of fixed indexed annuities remains just beyond the reach of federal regulators, but analysts are starting to see a coordinated effort to change that.
The impact of life insurance assets is already having a big impact on the bottom line for Brookfield Corp., as the firm stockpiles cash for future investment.
A product pivot to registered indexed-linked annuities delivered momentum for Jackson Financial during the third quarter.
Eighteen financial services industry and business trade groups sent a letter to the Department of Labor today asking for an extension to the 60-day public comment period for its controversial fiduciary rule package.