InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. John may be reached at john.hilton@innfeedback.com. Follow him on Twitter @INNJohnH.
UnitedHealth Group is evaluating all of its operations, CEO Stephen Hemsley said, and exiting markets where rising medical costs threaten profits.
The McKinney, Texas-based Globe Life reported solid underwriting improvement, and a return to better-then-pre-pandemic mortality rates.
UnitedHealth Group announced an internal investigation on Thursday morning into its Medicare practices, confirming a Department of Justice investigation into the same matter.
A North Carolina judge approved the distribution Tuesday of $318 million to various victims of Greg Lindberg’s financial fraud.
Some PHL Variable policyholders are “unlikely” to ever receive their full benefits, Connecticut Insurance Commissioner Andrew Mais said.
An Iowa judge partially and temporarily blocked the state’s controversial law regulating pharmacy benefit managers.
A high-dollar policyholder has no right to “full-party” status in the PHL Variable rehabilitation proceedings, a Connecticut judge ruled Friday.
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…
