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.
Regulators say that some indexed annuity sales illustrations project unrealistically high returns.
The insurance industry lost 10,700 positions from April to May, according to the Bureau of Labor Statistics.
The Securities and Exchange Commission is closing in on an agreement with prominent social media influencer Taino “Tai” Lopez in a civil enforcement fraud case.
The liquidation of PHL Variable Insurance Co. will not happen until next year at the earliest, regulators said in an update Tuesday.
Philmon Lee grew up tagging along as his father made music. Now he is making his own musical dreams come true, thanks to a recent run on “American Idol.”
An NAIC working group is at the beginning of what promises to be a very long process to rein in illustrations.
A coalition of attorneys general are suing to block new federal guidance they say unlawfully narrows exemptions to Medicaid work requirements.
The National Association of Insurance Commissioners is struggling to contain the fallout from a June 11 cyber breach that potentially exposed sensitive information.
A federal judge has allowed portions of a class-action lawsuit against UnitedHealth Group over its use of 401(k) forfeiture funds to proceed.
A Maryland insurance broker and his associates are accused of orchestrating a years-long international health fraud scheme.
State Farm’s sweeping overhaul of agent compensation could be the beginning of a broader transformation of the property & casualty industry.
Current IUL illustrations are likely to leave consumers with unrealistic expectations about policy performance and retirement income potential, experts say.
Consumer advocates are urging life insurance regulators to strengthen death-claim searches, warning that the Death Master File isn’t what it used to be.
Lindberg, sentenced to 12 years in prison last month, said investigators are suddenly playing hardball with elements of his plea agreement.
A federal appeals court upheld a lower court ruling last week that voided two life insurance policies with a combined face value of $8 million.
Soaring medical service costs and the expiration of pandemic-era federal premium subsidies are driving the steep rate hike requests.
A federal appeals court will hear arguments next month on lawsuit challenging how UnitedHealthcare markets Medicare Advantage plans.
Greg Lindberg is asking a federal court to halt ongoing asset sales tied to a $1.655 billion restitution order, arguing that the government’s math is wrong.
According to first-quarter sales numbers from Wink, Inc., clients are embracing the flexibility offered by variable universal life.
Prudential overhauled its leadership team, restructured operations, and shed noncore assets to fuel growth, executives have said.
