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.
Matthew Motil, the so-called “Cash Flow King,” was sentenced to 70 months in federal prison for running a $7M Ponzi scheme.
An NAIC task force is tackling risk-based capital ratio in an effort to better identify “potentially weakly capitalized companies.”
The Federation of Americans for Consumer Choice will appeal a mixed ruling that keeps alive the Department of Labor’s fleeting attempts to reinterpret fiduciary duty.
Dr. Joseph Belth wrote and edited The Insurance Forum for 40 years, and authored several books on the life insurance industry.
A new asset-testing guideline for reinsurance deals will result in no direct action, even if regulators uncover negative numbers.
The SEC wants to further investigate Cutter Financial Group, including the press release CFG issued in response to an April verdict on SEC charges.
A coalition of Democratic mayors, liberal advocates and physicians are suing the Trump administration over new rules designed to “undermine”…
After five years, many advisors and brokers remain divided on the Securities and Exchange Commission’s Regulation Best Interest.
American Transit filed a stipulation of voluntary dismissal Tuesday for Hostin and Hostin Orthopaedics & Sports Medicine.
UnitedHealth Group is facing another round of shareholder lawsuits citing the alleged Medicare fraud investigation reported by the Wall Street Journal in May.
Connecticut Insurance Commissioner Andrew Mais is asking a judge to loosen the moratorium on PHL Variable policies.
A SCOTUS ruling on birthright citizenship could also shut down a key strategy for financial services to block unwelcome federal rules.
After whipping potential holdouts overnight, House Republicans passed President Donald Trump’s $4.5 trillion tax breaks and spending cuts bill Thursday…
The special master assigned to unwind disgraced financier Greg Lindberg’s maze of companies says the impending sale of one of them will yield up to $300 million for fraud victims.
American Transit Insurance Co. has reached agreements with about 85% of the 180 defendants it accused of running an elaborate medical fraud scheme in New York City.
The Senate passed President Donald Trump’s controversial budget today, which makes significant changes to tax policy and extends the 2017 Tax Cuts and Jobs Act.
LIMRA research finds financial wellness down from two years ago, with younger and minority demographics feeling less secure. How can advisors help clients feel better about their financial futures?
Regulators and actuaries are considering a data change to better account for a puzzling mortality degradation in individuals ages 80 and older.
A coalition of Iowa business interests are suing the state to stop a law restricting pharmacy benefit managers (PBMs).
New Jersey Department of Labor and Workforce Development officials are reviving the “ABC Test” for independent contractor status.
