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.
At least two plaintiffs are asking a federal court to consider an “age-weighted distribution” of a $69 million UnitedHealth Group settlement over 401(k) options.
As private equity giants jockey for assets, Brookfield Asset Management staked its claim with a powerful first-quarter performance.
LIMRA’s John Carroll says the industry has an image problem. “Ned Ryerson,” he jokes, in “Groundhog Day.” “He ruined it for everybody.”
The defendants sold Jay Jacobson $2 million worth of annuities from 2019 and 2023, Joan Jacobson said, with no death benefits.
Corebridge Financial completed its first full quarter selling a registered index-linked product and the Q1 results were excellent, CEO Kevin Hogan said Wednesday.
A New Jersey judge will allow Ameritas to deposit a $1 million death benefit in a court account while three men continue litigation over the funds.
Globe Life executives took a break from two years of relentlessly bad publicity to discuss strong first-quarter financials this week.
Apollo’s total assets under management hit $785 billion at the end of Q1, a 17% year-over-year increase. Annuity sales were even better.
Prudential Financial reported a first-quarter profit gain off strong underwriting in the insurer’s U.S. Businesses unit. But new CEO Andrew Sullivan is raising the bar.
KKR will not pull back from its strategy in the face of worldwide market volatility, said co-CEO Scott Nuttall. In fact, the firm expects to be even more aggressive.
John Carroll, senior vice president and head of insurance and annuities for LIMRA, discusses his career and the industry changes he’s witnessed, with InsuranceNewsNet Senior Editor John Hilton.
Billions of dollars in life and annuity blocks are being reinsured annually — many of the deals are with offshore insurance companies. And regulators are growing concerned.
Equitable Holdings is the latest life insurer to report disturbingly unexplained mortality results.
Insurance companies taking on billion-dollar pension risk transfers are subject to “robust and extensive” oversight, the American Council of Life Insurers wrote in court briefs.
Total first-quarter annuity sales topped $100 billion for the sixth consecutive quarter, LIMRA said today.
A Massachusetts jury delivered a split verdict Wednesday against an advisor accused of making improper annuity sales.
The first e-signature and workflow support platform specifically designed for life insurance should bring speed and simplicity to the industry, MIB Group said.
According to new documents filed Tuesday, Grant Cardone and Gary Brecka settled dueling Florida state lawsuits over their bitter business breakup.
The problems facing life insurance sellers are not new: Americans know they need life insurance, but they’re just not buying it.
New Jersey became the 50th state Monday to adopt a best-interest annuity sales standard, a victory for advocates of state primacy over insurance.
