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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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February 6, 2025
Image shows the Lincoln logo

Lincoln Financial execs hail strong annuity sales; life business in ‘transition’

Like its competitors, Lincoln Financial is riding huge annuity sales while setting up Bermuda reinsurance and watching interest rates.

February 5, 2025
Image shows the Prudential logo

Prudential: big Q4 sales, record PRT deals and an executive shakeup

From a sales standpoint, a lot went right for Prudential Financial in Q4, and the year as a whole.

February 5, 2025
Image includes the Globe Life logo

Globe Life: 2024 data breach far more extensive than initially reported

Globe Life revealed last week that a 2024 data breach might be far more widespread than it initially reported.

February 4, 2025
Image shows the Apollo Global Management logo

Apollo touts Athene annuity sales, sees ‘robust future’ in other products

Higher fee revenue and strong retirement products drove another strong quarter for Apollo Global Management.

February 4, 2025
A mix of Ratings letters...

Life insurance financial ratings: a system in need of an update?

After a pair of life insurers sued AM Best last year in response to a planned downgrade of their financial ratings, concerns quickly followed.

January 31, 2025
Image shows money with the word, "Reinsurance" over top

Regulator group aims for reinsurance asset testing guideline by June

The Life Actuarial Task Force exposed a new version Thursday of its proposal for tougher asset adequacy testing on offshore reinsurance deals.

January 30, 2025
Image shows the Cigna logo

Cigna to ‘listen to the public narrative,’ promises pharmacy benefit reforms

Cigna executives kicked off Thursday’s earnings call by responding to pharmacy benefit manager critics with a number of reforms.

January 30, 2025
Illustration showing fireworks and stating the record $16Billion life insurance premium sales for 2024. LIMRA-US-Individual-Life-Insurance-Premium-Exceeds-$16-Billion-in-2024-Setting-New-Record.

2024 life insurance new premium tops $16B, sets new record, LIMRA says

A strong fourth quarter drove life insurance new premium to another record, LIMRA reports.

January 30, 2025
Image shows the Equitable logo

NY appeals court sides with Equitable in lengthy cost-of-insurance lawsuit

Equitable Life Insurance Co. breached no contract terms when it imposed cost-of-insurance charges on a universal life policy, the New York Court of Appeals recently ruled.

January 28, 2025
Image shows the American Transit logo

Some settlements reached in fraud lawsuit involving Sunny Hostin’s husband

A New York City civil lawsuit accusing dozens of clinics and doctors – including the husband of longtime co-host of “The View,” Sunny Hostin – is moving closer to a settlement.

January 27, 2025
Image shows a photo of Greg Lindberg and a liquidation form.

Court names special master to unwind Greg Lindberg’s holdings, pay victims

A North Carolina federal court appointed a special master team to unwind Greg Lindberg’s financial empire and reimburse his victims.

January 27, 2025
Image shows a red "Notice!" sign over a picture of a gavel.

9th Circuit: proof of harm required in California life insurance lapse lawsuit

If a federal appeals court interpretation of California life insurance lapse laws stands, it could “undermine” regulations nationwide, the plaintiff claims.

January 24, 2025
Image shows the Change Healthcare logo and a UnitedHealthcare sign.

UnitedHealth gave hackers easy access to Change data, new lawsuit claims

A group of 65 plaintiffs are suing UnitedHealth Group, claiming that “massive security failures” led to the 2024 Change Healthcare data breach.

Prudential inks $7 billion reinsurance deal with Bermuda-based reinsurer

January 23, 2025

Prudential Financial announced an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary…

January 22, 2025
Image shows a laptop and the word, "Inequitable."

PHL Variable policyholders: moratorium on policy benefits ‘inequitable’

Two PHL Variable Insurance Co. policyholders are asking a Conn. court to reconsider a $300,000 moratorium on benefits created by the Department of Insurance.

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.

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