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January 27, 2025
Image shows a photo of Greg Lindberg and a liquidation form.
A North Carolina court appointed a special master and advisor to unwind Greg Lindberg's financial holdings.

Court names special master to unwind Greg Lindberg’s holdings, pay victims

A North Carolina federal court appointed a special master team to unwind Greg Lindberg’s financial empire and reimburse his victims.

January 27, 2025
Image of a judge's gavel in the foreground, with a nuclear explosion in the background. Brother-sister-duo-develops-new-software-to-alert-insurers-to-nuclear-verdicts.

Brother-sister duo develops software to alert insurers to nuclear verdicts

With nuclear verdicts on an “alarming” rise, a brother and sister have teamed up to develop software to put insurers on alert.

January 27, 2025
Image shows a red "Notice!" sign over a picture of a gavel.
A federal appeals court overturned class status for plaintiffs challenging a California lapse notification law.

9th Circuit: proof of harm required in California life insurance lapse lawsuit

If a federal appeals court interpretation of California life insurance lapse laws stands, it could “undermine” regulations nationwide, the plaintiff claims.

January 24, 2025
President Donald Trump signs an executive order.
President Donald Trump signs an executive order.

Trump’s health executive orders target drug prices, ACA, gender identity, WHO

In a flurry of executive orders that were signed almost as soon as he took the oath of office, President Donald Trump rode back some Affordable Care Act rules and ended attempts to lower prescription drug costs.

January 24, 2025
BetterLife and CSA logos against a backdrop of the Czech and Slovakian flags. BetterLife,-CSA-merger-brings-organizations-with-Czech-Slovak-roots-together.

BetterLife, CSA merger brings organizations with Czech-Slovak roots together

America’s oldest active fraternal benefit organization is merging with another insurance provider that also has its roots in the Czech-Slovak community.

January 24, 2025
Image shows the Change Healthcare logo and a UnitedHealthcare sign.
A group of 65 plaintiffs say they have suffered since the Change Healthcare data breach one year ago.

UnitedHealth gave hackers easy access to Change data, new lawsuit claims

A group of 65 plaintiffs are suing UnitedHealth Group, claiming that “massive security failures” led to the 2024 Change Healthcare data breach.

January 23, 2025
Image of several RIA sitting around a table, with one saying, "SEO: I don't know what that is, and at this point, I'm afraid to ask." Is-technophobia-costing-RIAs-millions-in-passive-SEO-leads.

Is technophobia costing RIAs millions in passive SEO leads?

Hesitancy to leverage technologically driven marketing strategies could be costing RIAs hundreds in passive SEO leads every month.

Prudential inks $7 billion reinsurance deal with Bermuda-based reinsurer

January 23, 2025

Prudential Financial announced an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary…

January 23, 2025
Illustration of the many computerized part of an automobile and the scales of justice. Lawsuits-target-use-of-driver-data-by-insurers-automakers.

Lawsuits target use of driver data by insurers, automakers

Recent lawsuits allege driver data from embedded auto technology and mobile apps is being used unethically and illegally.

January 22, 2025
A person looks through a large number of images showing medical personnel and processes, with the year 2025 overlapping the image. Health-care-impacted-by-cybersecurity-regulation-and-AI-in-2025.

Health care impacted by cybersecurity, regulation and AI in 2025

The top trends impacting health plans in the coming year.

January 22, 2025
Image shows a laptop and the word, "Inequitable."
PHL Variable remains in rehabilitation and some policyholders are getting anxious.

PHL Variable policyholders: moratorium on policy benefits ‘inequitable’

Two PHL Variable Insurance Co. policyholders are asking a Conn. court to reconsider a $300,000 moratorium on benefits created by the Department of Insurance.

January 22, 2025
Illustration showing a small crowd of consumers as tiny figurines, with one of them circled in yellow accompanied by the words "Ideal for LTC." How-to-identify-ideal-prospects-for-long-term-care-insurance.

How to identify ideal prospects for long-term-care insurance

Two experts provide advice on how to identify prospects who are most likely to be interested in purchasing long-term-care insurance.

January 22, 2025
Image shows a gavel and the Athene logo.
The Pension Rights Center filed an amicus brief in a Massachusetts' pension risk transfer lawsuit.

Pension Rights Center: PRT deals could lead to ‘nationwide catastrophe’ regulated

The continued transfer of pension funds to annuity sellers threatens the viability of the American retirement system if left unchecked, the Pension Rights Center said in a brief.

January 21, 2025
Illustration showing one bullhorn with "Facts" spewing out, while another bullhorn has "Fake News" spewing. Insurers-cite-misinformation-as-top-risk.

Insurers cite misinformation as top risk in 2024

Global insurers cited misinformation as the top risk in 2024, toppling extreme weather from the place it held in a similar survey10 years ago.

January 21, 2025
Image shows a baby and money
Gen Beta babies will face a different retirement than their parents, a new study finds.

Prudential study: Babies born today will likely need nearly $2M to retire

Generation Beta is the proposed name for the demographic beginning with 2025 and ending in 2039. This generation should start saving for retirement now, Prudential finds in a new study.

January 21, 2025
Illustration of a scale with weight loss drugs and a tape measure on top. Weight loss drugs top the list for price negotiations.
Weight loss drugs top the list for price negotiations.

Weight loss drugs top the list for price negotiations

The list, which includes 15 drugs, up from 10 last year, is the first step in a negotiation process between Medicare and drugmakers that is expected to take place over the coming months. The new negotiated prices won’t take effect until 2027. 

January 20, 2025
Photo illustration of a figure jumping for joy against the background of a city financial district, with the logo of Morningstar overlapping. Economy-performing-better-than-expected-Morningstar-says.

Economy performing better than expected, Morningstar says

The U.S. economy is heading for a soft landing, with some slowing expected midyear and rebounding at the end of 2025.

January 20, 2025
Picture shows a home roof with the words "Insurance Crisis" on top
California property insurers are facing a large bill for wildfire claims.

Mercury Insurance has paid out $80M to wildfire victims, has ‘sufficient liquidity’

Mercury General Corp., parent of Mercury Insurance, says it has paid about $80 million in claims so far to victims…

January 20, 2025
Image of the LA wildfires. From-wildfire-to-conflagration--What-sets-the-LA-blazes-apart.

From wildfire to conflagration: What sets the LA blazes apart?

The combination of dry conditions, heat and extreme winds led to an extreme event.

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