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.
Pacific Life Insurance Co. is out with a new flagship indexed universal life insurance product.
It will require “major changes” from insurers on down for independent producers to get into compliance with the Department of Labor’s new fiduciary mandate by September, a leading analyst said.
Globe Life executives addressed swirling allegations during a first-quarter earnings call Tuesday, aggressively refuting a litany of lawsuits, accusations and investigations it faces.
Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long-awaited, and industry despised, Retirement Security Rule.
Caz Craffy, former financial adviser in the Army, pleaded guilty last week to scamming grieving Gold Star families out of millions through a series of insurance fraud schemes.
The Department of Labor is set to release its long-awaited fiduciary rule on Tuesday afternoon, the American Retirement Association reported today.
A 2020 Florida law banning life insurers from using genetic information prompted industry trade groups to educate lawmakers on how life insurance works.
A premium financing deal gone bad in New York State could test the state’s tough Regulation 187 best-interest rule.
Globe Life is reeling after a report Thursday accused brokers at subsidiary American Income Life of widespread insurance fraud.
An advisor wanted for allegedly ripping off clients for $1.5 million was captured by the FBI last week after a short time on the run.
Empower reached a settlement agreement with 13 advisors who left the firm to create a competing advisory business.
The White House Office of Management and Budget announced that it has concluded a review of the Department of Labor’s controversial fiduciary rule.
Seven states are on board with guidelines for use of artificial intelligence that insurers “are expected” to follow.
State insurance regulators are taking the first steps on what will be long and difficult effort to mitigate climate impacts.
There is concern in the life insurance industry that a forthcoming Department of Labor report could target group annuity contracts by pension plans in pension risk transfer transactions.
Department of Labor regulators are targeting producer compensation with their latest attempt to establish a blanket fiduciary standard.
State insurance regulators got back to work Wednesday on accelerated underwriting, and set a goal to adopt guidance by August.
Guardian Life Insurance Co. is taking its shot at one of the hottest annuity segments in the market with its first registered indexed-linked annuity offering.
The tragic collapse of the Francis Scott Key Bridge Tuesday morning will eventually trigger insurance claims that will likely cost billions, AM Best said.
A former New Jersey man used “a litany of fraud schemes” to steal millions of dollars from investors, the state U.S. Attorney’s Office said.
