Aetna drives CVS to $100B quarter as earnings soar
CVS Health reported strong first-quarter results Wednesday, with its insurance business, anchored by Aetna, showing meaningful improvement.
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.
CVS Health reported strong first-quarter results Wednesday, with its insurance business, anchored by Aetna, showing meaningful improvement.
Corebridge and Equitable announced a March merger to form a $22 billion entity, a deal expected to close by year-end 2026.
Transamerica reached a settlement on charges that it improperly increased COI charges on certain life insurance policies in 2022 and 2023.
President Donald Trump on Thursday signed an executive order aimed at expanding access to retirement savings accounts for millions of workers who lack employer-sponsored plans.
Artificial intelligence is changing how insurance is done, and one independent marketing organization is further ahead than most.
Cigna Group executives said the health insurer will exit the Affordable Care Act individual exchange business beginning in 2027.
Cigna urged a federal court this week to dismiss a lawsuit accusing them of orchestrating a sweeping racketeering scheme with major drug manufacturers.
Dean Vagnozzi’s lawsuit against the United States and a Securities and Exchange Commission attorney should be dismissed on multiple legal grounds, government lawyers argue.
Billionaire financier Greg Lindberg is scheduled for sentencing next month, potentially marking the end of a ten-year legal drama that dismantled his insurance empire.
An Iowa widow has filed suit against two life insurers, alleging a complex estate-planning strategy using IUL left her family’s debt-free farmland at risk.
State insurance regulators are at the implementation phase of guidance on artificial intelligence, following broader adoption of a model bulletin.
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.