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John Hilton

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.

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January 22, 2025
Image shows a gavel and the Athene logo.

Pension Rights Center: PRT deals could lead to ‘nationwide catastrophe’ regulated

The continued transfer of pension funds to annuity sellers threatens the viability of the American retirement system if left unchecked, the Pension Rights Center said in a brief.

January 21, 2025
Image shows a baby and money

Prudential study: Babies born today will likely need nearly $2M to retire

Generation Beta is the proposed name for the demographic beginning with 2025 and ending in 2039. This generation should start saving for retirement now, Prudential finds in a new study.

January 17, 2025
Image shows the Symetra logo

Symetra reaches $32.5 million settlement over cost-of-insurance charges

A group of Washington policyholders are asking a federal judge to preliminarily approve a $32.5 million settlement with Symetra Life Insurance Co. over cost-of-insurance claims.

January 16, 2025
Image shows the UnitedHealth logo.

UnitedHealth reports $29B revenue bump in 2024; CEO rips costly system

UnitedHealth Group reported a $29 billion increase in 2024 revenues today, up 8% to $400.3 billion.

January 15, 2025
Image shows a skeleton typing at a keyboard

‘We could analyze this forever’: Regulators defend LTC rate review process

State insurance regulators are trying to get to the finish line on a long-term care rate review standard after nine years of studying the issue.

January 14, 2025
Image shows a pile of money and the Allianz logo

Allianz Life moves to strengthen annuity operations with own reinsurer

Last month, Allianz quietly announced the new independent strategic reinsurance platform called Sconset Re.

January 13, 2025
Image shows the word, "Postponed" over the Atlantic Coast Life logo.

South Carolina hearing on Atlantic Coast Life policy ban postponed

A South Carolina hearing to decide whether Atlantic Coast Life Insurance will continue offering new policies was postponed.

January 13, 2025
Image shows Emmanuel Hostin and a courtroom background.

Sunny Hostin’s husband granted an extension to answer insurance fraud claims

A Brooklyn judge granted a motion Friday giving Dr. Emmanuel Hostin, husband of TV personality Sunny Hostin, a delay to file a response to an insurance fraud lawsuit.

January 9, 2025
Image shows the Atlantic Coast Life logo

SC judge to hold Friday hearing on Atlantic Coast Life new business ban

A South Carolina administrative law judge will hold a Friday hearing on whether Atlantic Coast Life Insurance Co. can continue writing new policies.

January 9, 2025
Image shows Sunny and Emannuel Hostin.

‘The View’ host Sunny Hostin’s husband accused in NYC insurance fraud

The husband of longtime co-host of “The View,” Sunny Hostin, is among dozens of doctors and medical personnel accused of massive medical insurance fraud.

January 8, 2025
Image shows the National Life Group logo

National Life: plaintiff promotes ‘odd theory’ in IUL lawsuit over 0% return

Claiming that a plaintiff’s lawsuit over a disappointing indexed universal life return rests on “an odd theory,” NLV Financial Corp. is asking a Vermont court to dismiss the complaint.

January 7, 2025
Image shows the Globe Life logo.

Globe Life fends off shareholder lawsuits alleging the company misled investors

A Texas judge consolidated two of multiple lawsuits Friday alleging that Globe Life Insurance Co. misled investors.

January 6, 2025
Image shows the Florida flag and a court building

Florida court rules against ‘direction to pay’ strategy in roof repair claim

A Florida appeals court sided with a lower court ruling this week that a “direction to pay” does not constitute an assignment of benefits in a disputed roof-repair claim.

January 3, 2025
Image shows a State of Utah building with the A-Cap logo in front

A-Cap suspends Sentinel Security Life business; gets reprieve for Atlantic Coast Life

Sentinel Security Life Insurance Co. has suspended writing new business until a judge hears its appeal of a Utah order in March.

January 2, 2025
Image shows a Prudential building and a gavel

Ex-employees sue Verizon over pension transfer deal with Prudential, RGA

A group of ex-Verizon employees filed the latest lawsuit challenging the efficacy of insurance companies managing pension funds.

December 24, 2024
Image shows Elon Musk and the U.S. Capitol

State regulators want to put the kibosh on the Federal Insurance Office

State insurance regulators know what they want from the anti-government fervor inspired by the return of President Donald Trump: elimination of the Federal Insurance Office.

December 19, 2024
Image shows a computer screen.

Q and A: Connecticut regulators discuss PHL Variable rehab efforts

Connecticut Insurance Department regulators are busy unwinding the finances of PHL Variable Insurance Co. and its subsidiaries. The department agreed to answer a few questions about its efforts.

December 18, 2024
Image shows the words "A-Cap" and a gavel.

South Carolina bars A-Cap insurers from writing new policies in 2025

South Carolina became the second state this month to bar an Advantage Capital Partners-controlled life insurer from writing new business after Dec. 31.

December 18, 2024
Image includes a cyrpto picture and a photo of the U.S. Capitol.

Trump, Capitol allies likely looking at quick cryptocurrency legislation

Of all the issues the incoming 119th U.S. Congress has on its plate cryptocurrency might generate the swiftest action and biggest headlines.

December 17, 2024
Image shows the UnitedHealth Group logo

UnitedHealth Group agrees to $69 million settlement in 401(k) suit

UnitedHealth Group will pay $69 million to settle a class-action lawsuit brought by an employee alleging mismanagement of their 401(k) plan.

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