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.
Kenneth Rossman, who participated in a $6.3 million financial fraud, avoided jail time for his role in helping to convict self-styled “Annuity King” Phillip Roy Wasserman.
American Equity reported second-quarter FIA sales up 94% compared to the first quarter of 2023 and 141% compared to the second quarter of 2022.
House members on both sides of the aisle argued for nearly three-and-a-half hours today as the House Financial Services Committee hosted a hearing on ESG investing.
Another troubling industry conference incident is giving reformers a chance to promote ongoing efforts to eliminate sexism and discrimination from events.
A North Carolina judge approved a settlement with former insurance executive Christopher Herwig, who the Securities and Exchange Commission accused of teaming with financier Greg Lindberg to defraud investors.
A second federal court dealt a blow last week to the Department of Labor’s ongoing bid to extend fiduciary status to more rollover transactions.
Kenneth Rossman, the accountant sidekick in a $6.3 million fraud led by self-styled “Annuity King” Philip Roy Wasserman, cited bipolar disorder in arguing for a lighter sentence.
The Independent Insurance Agents and Brokers of America continues to make amends for offensive comments made by Fox News personality Jesse Watters during its April legislative conference.
Chlora Lindley-Myers’ long career touched on nearly every aspect of the insurance industry. And she earned a law degree via night school. One of the country’s top regulators says she has a few more things to accomplish.
Sales figures don’t tell the whole story when it comes to first-quarter results.
CNN reported a simmering controversy over remarks made by Fox News personality Jesse Watters during an April conference of the Independent Insurance Agents and Brokers of America.
Compensation, working conditions, dwindling responsibility and increased regulations are all thorny issues for insurance adjusters.
The National Council of Insurance Legislators is not happy with a proposed federal regulation to crack down on micro-captive insurance companies.
Brookfield Reinsurance unveiled details this morning of its offer to acquire partner American Equity, a major seller of fixed annuities.
A fraud case against a Massachusetts advisor has many in the annuity industry concerned about federal regulatory overreach.
An annuity sales bill updating California’s suitability standard is expected to be presented Wednesday to the state Assembly Committee on Insurance.
A Texas judge ordered Lincoln Financial and nine plaintiffs suing over fixed indexed annuity performance to agree on a mediator.
California legislators are debating a tough new annuity sales rule. But it could have been much tougher, according to one industry analyst.
Troubled financier Greg Lindberg lost again in court Tuesday, and the North Carolina Court of Appeals ruling could be very costly.
The Department of Labor claims it will produce its long-awaited fiduciary rewrite in August. But analysts say that is highly unlikely.
