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.
A lawsuit accusing Cigna of improperly rejecting medical claims was refiled this week — minus one of the two California plaintiffs.
A union opposed to a Brookfield Asset Management Reinsurance deal to acquire an Iowa insurer is trying an old-fashioned method to get regulators’ attention: billboard advertising.
There are plenty of good annuity products that make sense inside responsible, holistic financial plans, said David Blanchett, adjunct professor of wealth management at The American College of Financial Services.
The latest life insurance application data shows a sharp decline among a demographic that should be a reliable source of sales: Americans ages 50+.
While pension risk transfer (PRT) deals continue to break records, federal regulators are nearing a deadline for review and recommendations of the important Interpretative Bulletin 95-1.
A Securities and Exchange Commission rule attempting to address conflicts of interest created by use of predictive data analytics could stifle access to much-needed retirement products, industry groups say.
Financial reporting documents by Brookfield Asset Management Reinsurance and an insurer it acquired last year are raising renewed questions about private equity control over policyholder funds.
Legislation to hold dental providers to a minimum expenditure of funds on patient care might be a win for consumers, but it’s also driving providers from the market, critics say.
A lawsuit against Pacific Life by a Washington couple dissatisfied with a PDX indexed universal life policy is back on track after a round of refilings.
State insurance regulators advanced 2024 charges today and revealed no plans to confront a full-scale rewrite of the life insurance illustrations model.
A lawsuit brought by Country Mutual Insurance Co. policyholders alleging the insurer is hoarding profits was sent back to Illinois state court this week by a federal appeals court.
A Florida judge rejected two appeals Monday and postponed sentencing again for Phillip Roy Wasserman, convicted of orchestrating a massive fraud scheme on senior citizens.
State insurance regulators received 202 pages of comments on a draft model bulletin on use of artificial intelligence and related technology by insurers.
Matthew Motil, host of the podcast, “The Cash Flow King,” fraudulently raised approximately $11 million from more than 50 investors in a Ponzi scheme, the Securities and Exchange Commission said.
Fee caps remain a key issue as state insurance legislators near completion of a model law to better regulate public adjusters.
At its peak, the labor shortage in finance and insurance hit an estimated 500 million openings. That number is declining, but larger economic concerns remain.
A North Dakota district judge denied a motion to dismiss and granted a preliminary injunction to Insurance Commissioner Jon Godfread in a dispute between insurance regulators over a long-term care financial settlement.
Rules and regulation is top of mind now in financial services as artificial intelligence, climate change, fiduciary duty and private equity are all drawing attention.
Government prosecutors and Phillip Roy Wasserman are waging an escalating battle of obstruction charges as a Florida judge prepares to sentence the former “Annuity King” on fraud charges.
California lawmakers fell short in a bid to reform the state’s insurance market last week through a legislative package.
