Morningstar: US oil tanker insurance plan won’t lower gas prices
The U.S. International Development Finance Corp. will begin offering “political risk insurance” at “reasonable prices” to commercial tankers. Will it free up oil traffic?
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 U.S. International Development Finance Corp. will begin offering “political risk insurance” at “reasonable prices” to commercial tankers. Will it free up oil traffic?
A California investment adviser was convicted of defrauding three former NBA players out of more than $5 million, federal prosecutors said.
The Securities and Exchange Commission and three defendants in a civil enforcement case, including prominent social media influencer Taino “Tai” Lopez, say settlement negotiations are heating up.
NASCAR driver Kyle Busch and his wife, Samantha Busch, have reached a confidential settlement with PacLife and two other defendants.
A group of major oil companies is asking a State of Washington federal court for a stay of discovery deadlines in a climate-related lawsuit.
There is “no basis” for large policyholders to intervene in the PHL liquidation process, and Judge Daniel J. Klau should deny such requests, Connecticut regulators say.
Current annuity illustrations from top sellers show returns as high as 27% in one year, said Ben Slutsker, director of life actuarial valuation at the Minnesota Department of Commerce.
Genworth Financial is no longer on the defensive thanks to its growing CareScout platform and its return to the individual long-term care market after nearly a decade away.
Anyone who purchased a Pacific Discovery Xelerator indexed universal life insurance policy in California between 2016 and 2019 could be eligible for a piece of a $58 million settlement.
F&G Annuities and Life is a top 15 annuity seller with a strong lineup of products. But its financial performance continues to turn off investors.
Jackson Financial unveiled its latest growth phase after the close of the fourth quarter 2025, but those significant moves dominated the insurer’s quarterly call on Thursday.
State insurance regulators moved closer Tuesday to launching a multistate pilot of a new artificial intelligence system evaluation tool this spring.
The Plumbers’ Welfare Fund has filed a lawsuit accusing Express Scripts and its parent company Cigna of a multibillion-dollar scheme to allegedly inflate drug costs.
Bermuda saw a decline in new life and annuity reinsurance entrants during 2025, but the country remains the dominant offshore hub for reinsurers.
Lincoln Financial reported strong gains in annuity and life insurance sales during Q4 2025, helping the insurer execute on its transition plan.
The SEC alleges that the get-rich-quick investment tips offered by prominent social media influencer Taino “Tai” Lopez were little more than Ponzi-style scams.
Corebridge Financial is counting on steady and strong sales to muscle the company through a period of intense transition.
CVS Health President and CEO David Joyner took the brunt of Rep. Alexandria Ocasio-Cortez’s viral broadside on health insurers three weeks ago.
The NAIC is readying a new guideline to tighten how insurance companies manage the massive wave of pension liabilities landing on their balance sheets.
Globe Life carved out a niche serving the middle market with smaller policies, a strategy reliant on agent recruitment.