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.
Higher fee revenue and strong retirement products drove another strong quarter for Apollo Global Management.
After a pair of life insurers sued AM Best last year in response to a planned downgrade of their financial ratings, concerns quickly followed.
The Life Actuarial Task Force exposed a new version Thursday of its proposal for tougher asset adequacy testing on offshore reinsurance deals.
Cigna executives kicked off Thursday’s earnings call by responding to pharmacy benefit manager critics with a number of reforms.
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports.
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.
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.
A North Carolina federal court appointed a special master team to unwind Greg Lindberg’s financial empire and reimburse his victims.
If a federal appeals court interpretation of California life insurance lapse laws stands, it could “undermine” regulations nationwide, the plaintiff claims.
A group of 65 plaintiffs are suing UnitedHealth Group, claiming that “massive security failures” led to the 2024 Change Healthcare data breach.
Prudential Financial announced an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary…
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.
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.
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.
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.
UnitedHealth Group reported a $29 billion increase in 2024 revenues today, up 8% to $400.3 billion.
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.
Last month, Allianz quietly announced the new independent strategic reinsurance platform called Sconset Re.
A South Carolina hearing to decide whether Atlantic Coast Life Insurance will continue offering new policies was postponed.
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.
