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.
Prudential of Japan is not ready to resume sales after a 90-day ban following widespread misconduct, Prudential Financial CEO Andy Sullivan said Tuesday.
Industry trade groups are raising concerns about tone, timing and usability as work continues on a revised annuity buyer’s guide.
Index-linked products have become the primary growth engine for the life insurance and annuity industries, setting multiple consecutive sales records…
Consolidation among distributors, evolving technology and changing consumer expectations are reshaping how annuity products are developed and sold, a LIMRA panel agreed.
Consumer trust and confidence are significantly higher when a financial professional is involved, as pandemic-driven changes continue to reshape how annuities are sold and serviced.
AI is rapidly reshaping underwriting, improving efficiency and data analysis while raising new questions about accuracy, governance and the role of human decision-making.
A Connecticut judge denied a request Tuesday by PHL Variable Insurance Co. policyholders to stop paying premiums while keeping their coverage in force.
The global economy is entering a period of profound uncertainty as geopolitical conflict, shifting trade dynamics and rapid technological change upend traditional forecasting models.
Shifting economic conditions — including higher interest rates, market volatility and increased regulatory scrutiny — are forcing companies to rethink how they design and manage annuity products, with a growing focus on so-called “all-weather” portfolios.
The push to include annuity products in 401(k) plans resembles the early evolution of participant-directed investing.
A court-appointed special master is recommending that victims of a massive insurance fraud scheme tied to Greg Lindberg receive about $1.6 billion.
Interim Connecticut Insurance Commissioner Joshua Hershman estimates that about 70% of PHL Variable Insurance Co. policyholders will be fully covered by state guaranty associations.
UnitedHealth has until April 29 to hand over tens of thousands of documents to plaintiffs who claim that the insurer relies on an AI algorithm to deny claims.
Regulators highlighted annuity illustrations suggesting annual returns between 10% and 27%, prompting questions about whether consumers are getting good information.
As President Donald Trump moves closer to the midpoint of his second term, the full impact of his agenda is being felt. What does it mean for advisors?
Escalating catastrophe losses driven by climate exposure, development patterns and inflation are testing the limits of insurance markets.
A new Department of Labor proposal could broaden the types of investments available in workplace retirement plans.
Corebridge and Equitable announced an agreement to combine in an all-stock merger, valuing the combined company at approximately $22 billion.
NAIC regulators defended the need for private meetings Tuesday as consumer advocates and industry representatives called for more transparency.
The bid to reform indexed illustrations took another step this week with a presentation at the National Association of Insurance Commissioners’ spring meeting in San Diego.
