InsuranceNewsNet Senior Editor John Hilton has covered business and other beats in more than 20 years of daily journalism. John may be reached at john.hilton@innfeedback.com. Follow him on Twitter @INNJohnH.
Prudential turned a big corner in the second quarter with robust sales of its FlexGuard flagship annuity boosting revenues.
American International Group reported a nearly $4 billion net income loss during its first quarter without its life and retirement division.
Athene Life & Annuity came up short on earnings during the second quarter despite dominating the industry in annuity sales.
Corebridge Financial’s second-quarter annuity sales were so strong, Wall Street analysts had a hard time believing in the numbers.
Registered indexed-linked annuities remain one of the hottest annuity product lines and Equitable Holdings is leading the way.
KKR executives touted the full earnings potential of Global Atlantic Financial Group beyond its powerful annuity sales during a call with analysts.
Federal government attorneys are asking a court to order forfeiture of nearly $1.5 million in funds previously seized from disgraced financier Greg Lindberg.
A state insurance panel plans to preview a draft actuarial guideline aimed at tightening oversight of offshore reinsurance assets at its August summer meeting in Chicago.
A second federal judge granted a stay of the effective date Friday halting the Department of Labor’s Retirement Security Rule until the full case can be heard.
One day after a Texas judge granted a preliminary injunction freezing its current fiduciary rule, a DOL spokesperson said regulators continue to believe in the strategy.
Globe Life executives sought to put myriad allegations of fraud and agent misconduct in the rearview by announcing that an audit found no wrongdoing.
An insurance panel reminded state regulators that updated rules are available to help consumers get more funds from a receivership case.
A Texas judge could decide this week on a preliminary injunction request to freeze the Department of Labor’s latest fiduciary rule.
Life insurers are unhappy with proposed tougher reinsurance oversight and let regulators know Monday during a working group call.
A New Jersey judge granted another extension Friday to give AM Best and two life insurers more time to finalize an agreement to end a lawsuit over negative ratings.
Symetra Life Insurance Co. is out with a new indexed universal life product that offers consumers a fully automated online digital purchase process.
The Court of Appeals for the Fifth Circuit tossed out the Biden administration’s ESG rule in a decision posted this morning.
Federal prosecutors say the second prosecution of Greg Lindberg on bribery charges was free of errors and the court should reject the defendant’s request for a new trial.
Ameritas Life Insurance Co. is challenging another life insurance policy under New Jersey’s ban on stranger-originated life insurance (STOLI).
Regulators rushing to finish a new accelerated underwriting guidance need to be wary of privacy concerns and the potential for discrimination, advocates said Thursday.
