InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. John may be reached at john.hilton@innfeedback.com. Follow him on Twitter @INNJohnH.
Connecticut Insurance Department regulators are back in court this week in their ongoing effort to rehabilitate the financially troubled PHL Variable Insurance Co.
Efforts to regulate the use of big data and artificial intelligence by insurance companies are misguided and threaten to harm policyholders, a trade group claims.
AuguStar Retirement got the annuity industry’s attention this week by announcing a 24% premium bonus on its fixed indexed annuity.
Workplace life insurance, disability insurance and supplemental health products sales all rose in 2024, according to LIMRA.
Carriers are eagerly signing on to a new paperless transaction process for annuity transfers that is cutting cycle times by 94%.
A 9th Circuit Court of Appeals’ panel partially reversed a lower-court ruling last week in a California term policy lapse lawsuit.
A California judge is giving plaintiffs until late April to file a fourth amended complaint alleging that Cigna used a computer algorithm to improperly deny claims.
South Carolina regulators are still deliberating how to respond after an order that had banned Atlantic Coast Life Insurance Co. from writing new premiums was reversed.
State insurance regulators say life insurers are “undermining” efforts to bring illustrations in line with reality.
Now that President Donald Trump and fellow Republicans control all levers of government, the focus is on high net worth clients
Artificial intelligence is developing fast, maybe too fast for state insurance regulators. But some say they have to move faster.
Utah Insurance Commissioner Jonathan Pike is asking a judge to order rehabilitation for Sentinel Security Life Insurance Co. and a pair of reinsurers.
American National Insurance Co. will stop writing new life insurance policies in order to focus on other products.
State insurance regulators resumed discussions Tuesday on a proposal to make a key measure of insurance companies’ financial health confidential.
Regulators are trying to get a handle on offshore reinsurance once investment firms took an ownership stake and deals boomed.
High-profile social media stars and former business partners Grant Cardone and Gary Brecka agreed to mediation to address a federal lawsuit filed by Cardone Ventures.
The special master assigned to untangle Greg Lindberg’s finances and arrive at a restitution number is expected to complete his work by mid-May.
Offshore reinsurance gives life insurers more options to invest their capital, with access to increased scale and new business volumes. But is it financially sound?
A group of 29 plaintiffs claim that Penn Mutual Life Insurance Co. and several co-defendants ran a tax-avoidance scam around whole life insurance policies.
A Utah judge paused an emergency order banning Sentinel Security Life Insurance Co. from writing new business nationwide.
