Insurance Commissioner Mike Causey announced today that Friday Health Plans of North Carolina was placed into receivership, effective July 16. Liquidation of Friday Health Plans-NC will occur Sept. 1.
Corebridge Financial continues to streamline, separate from American International Group and shed businesses that do not involve the record-setting annuity market.
With hurricane season underway, now is the time for agents with multifamily property clients in hurricane-prone areas to assess exposures and prepare for what might come.
Equitable Holdings Inc. turned in a mixed financial scorecard for the second quarter, showing a blend of successes with some challenges.
Apollo Global Management leveraged strong annuity sales from its Athene business to drive a 75% increase in year-over-year adjusted net income.
Lincoln Financial is hard at work on its turnaround, CEO Ellen Cooper assured analysts today, but it is going to take some time.
Prudential Financial reported a 21.5% rise in second-quarter adjusted profit as its FlexGuard suite of products sold very well.
Severe weather and climate catastrophes took their toll on Allstate Corp.’s earnings in the second quarter.
American International Group continues a slow offload of its life and retirement unit, a business that delivered crucial second-quarter premiums and deposits exceeding $10 billion.
The National Council of Insurance Legislators adopted a model law to regulate how health insurers cover biomarker testing.
Captive insurance companies now play a pivotal role in enabling businesses to safeguard their assets while actively managing risks, unlocking untapped financial potential and securing a path to lasting success.
Treasury Sec. Janet Yellen warns of a “protection gap” for Americans seeking insurance for climate-related disasters.
Preliminary results from LIMRA’s U.S. Retail Individual Life Insurance Sales surveys and estimates show increases in premium and policies sold in Q2.
John Hilton discusses how indexes work and why indexed products resonate with consumers with Sutton White of Life Innovators.
Fixed indexed annuities (FIAs) are becoming increasingly popular, with FIAs forecast to see a 25% rise in sales this year.
Annuity sales are on a hot streak, with indexed and multi-year guaranteed annuities setting an all-time sales record in the first quarter of 2023.
During a recent NAAIA, three seasoned insurance agency owners discussed what it took to build a successful agency.
Investors are diversifying beyond stocks and bonds. How to use private placement life insurance.
Indexed products are topping the sales charts and making regulators uncomfortable. Where will these hot-selling products go from here?
