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.
The Global Receivership Information Database (GRID) system is how regulators track insurers put into receivership.
Americans are far more likely to achieve their lifestyle goals in retirement through annuitized income, a recent study concludes.
Congress will fix Social Security — eventually, a panel agreed Wednesday at an American Academy of Actuaries event. Raising the taxable minimum might be the answer.
Corebridge Financial has launched its anticipated registered indexed-linked annuity, through subsidiary American General Life Insurance Co.
State insurance regulators trying to get better control of offshore reinsurance reserves opted for a “narrow scope” with a new guideline.
Florida is recovering from a double whammy of hurricanes, but its property insurance market is getting healthier by the day, officials say.
Hawaii’s highest court sided with American International Group in classifying greenhouse gases as pollution, thereby triggering an insurance exclusion.
A state regulator working group agreed Thursday on a single long-term care rate review process based on the Minnesota method.
State insurance regulators are set to return to the reinsurance issue as soon as Thursday.
A Missouri appellate court upheld a $28.4 million award last week in a class-action lawsuit over the accumulated cash value of universal life policies.
Indexed products are leading the way in the life insurance and annuity space. But critics continue to complain about misleading illustrations and complex products. Where do we go from here?
A federal appeals court declined to reinstate a class-action lawsuit Friday over long-term care insurance rate hikes by MetLife.
A state regulator group is circulating draft guidance on compliance expectations for its best interest standard for annuity sales.
It’s been nearly five years since plaintiffs sued Security Benefit Life Insurance Co. over the performance of a proprietary index and companion fixed indexed annuity.
The insurance industry donated more than $60 million during the current 2023-24 election cycle, according to Open Secrets, a nonprofit organization tracking campaign finance and lobbying.
A federal judge granted the government forfeiture of nearly $1.5 million in funds previously seized from disgraced financier Greg Lindberg after his bribery conviction.
Department of Justice attorneys filed an appeal Friday in Texas federal court, seeking to overturn a stay of its Retirement Security Rule.
777 Partners, the high-profile investment firm at the center of a swirling controversy over missing funds, hit back with its own lawsuit last week.
Troubled financier Greg Lindberg is appealing a $166 million award to a Dutch insurer in a dispute over solvency capital ratios.
American Life & Security Corp. is feeding that market need for more new products and innovation with the new MaxGrowth FIA.
