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.
For LIMRA, the decision to venture into the consumer-focused space comes amid soaring annuity sales and the SECURE Act bills boosting the products.
A state insurance task force adopted a long-anticipated reinsurance asset testing guideline Thursday.
CVS and Express Scripts filed separate lawsuits recently challenging a new Arkansas law they say aims to put them out of business in the state.
Defendants are asking a California court to dismiss a lawsuit alleging a tax-avoidance scam around Penn Mutual whole life insurance policies.
Legacy systems remain a very large hurdle for many old-guard life insurance companies. But things are slowly changing.
Despite rumblings of widespread dissatisfaction, UnitedHealth Group shareholders voted to support a $60 million stock package for returning CEO Stephen Hemsley Monday morning.
Regulators are set to adopt an asset adequacy testing guideline to add another layer of transparency to major reinsurance deals.
Annuities sales are incredibly strong, and a close look at market trends reveals yet more room to run.
Padric Scott always planned to become a doctor. Then he got curious about money, finance and investing.
In a time of transition, life insurance and annuity sales are thriving. But there are many issues to tackle and disruptions at play. These all were topics of discussion at the recent LIMRA Life and Retirement Conference.
Utah regulators dropped a petition to force Sentinel Security Life Insurance Co. and a pair of reinsurers into court-ordered rehabilitation.
AuguStar Life recently took its latest Virtus indexed universal life product to market, a version with much-improved income potential, the…
F&G Annuities & Life laid off 192 employees across both its home offices in Des Moines, Iowa and remote functions.
Advisor Jeffrey Cutter is appealing the lone guilty verdict handed down last month in his trial in a Securities and Exchange Commission civil case.
Thirteen companies are studying confidential financial information as Connecticut regulators pursue the sale or reinsurance of PHL, or its blocks of business.
Prudential Financial shareholders are asking a New Jersey judge to approve a $10 million settlement to end a derivative lawsuit over allegedly withheld mortality data.
UnitedHealth Group is urging shareholders to reject a proxy alert and support a compensation package, including $60 million in stock options, for returning CEO Stephen Hemsley.
Four current and former UnitedHealth Group employees are suing the embattled insurer for allegedly using forfeiture funds to pay the corporate match for 401(k) plan participants.
The Securities and Exchange Commission has some work to do following the recent guilty verdict against a Massachusetts advisor for insufficient disclosures.
Property insurance rates a soaring due to climate change, a panel of homeowners and experts told senators Tuesday.
