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.
A North Carolina judge ordered Greg Lindberg to pay $526 million to long-suffering policyholders.
Another large policyholder is asking a Connecticut judge to permit an emergency intervention in the pre-liquidation proceedings for PHL Variable.
A Massachusetts judge fined Jeffrey Cutter $50,000 and Cutter Financial Group $100,000 today for an Advisors Act violation involving the sale of fixed indexed annuities.
The Sixth Circuit Court of Appeals agreed Thursday to reconsider class certification granted to plaintiffs suing State Farm over the values it assigns to totaled vehicles.
State and federal regulators are heading for a showdown over who will write the rules for AI.
Investors holding PHL Variable universal life policies with combined death benefits totaling more than $130 million say they largely funded the company while a failed rehab took place.
Elevance Health navigated the healthcare minefields well enough to post a $547 million profit in the fourth quarter 2025, a 31% increase over the prior-year quarter.
A retired Navy veteran and his wife are awaiting a court ruling on the fate of $80,000 in surrender charges tied to an equity linked annuity bought from Ameritas.
UnitedHealth Group previewed its new reality Tuesday morning with flat revenues and soft guidance.
An Indiana woman, unhappy with an indexed universal life policy that returned 0%, refiled a lawsuit against National Life companies.
Pacific Life Insurance Co. responded Thursday to racing superstar Kyle Busch’s indexed universal life lawsuit, filing more than 1,000 pages worth of exhibits in a motion to dismiss.
Winter Storm Fern is gathering power and set to unleash potentially billions in property damage and devastation across middle America. Are insurers ready?
The decade-long downward spiral of PHL Variable Insurance Co. has Connecticut regulators on the verge of liquidation proceedings.
The Connecticut Insurance Department agreed to answer InsuranceNewsNet’s questions regarding its oversight of PHL Variable through the years.
A retired Navy veteran and his wife are suing Ameritas over the alleged fraudulent sale of unsuitable equity-indexed annuities.
Continued economic turmoil is a market concern, but life insurance and annuity sales are expected to remain solid throughout 2026, LIMRA projects.
Kyle Busch and his legal team filed an amended complaint Tuesday with more specific claims of alleged indexed universal life sales fraud by PacLife.
Matt Nadel had to confront a lot of personal and ethical conflicts while making “Cashing Out,” a short film recounting the birth of the viatical settlement industry.
A Senate report released Tuesday alleges that UnitedHealth Group is gaming the Medicare Advantage system to reap massive payments.
Once a top producer, Dean Vagnozzi became ensnared in a Securities and Exchange Commission investigation into Par Funding, found to be a Ponzi scheme. Now Vagnozzi is back.
