A group of health plan customers has filed a lawsuit accusing CVS Caremark and affiliated entities of orchestrating a scheme that allegedly drove up prescription drug costs.
NAIC regulators are wading into the health insurance affordability issue.
A new National Association of Insurance Commissioners’ working group aims to identify policy solutions to rising health care costs and insurance premiums.
A sizable number of Americans – particularly young adults – are investing in or are considering investing in high-risk/speculative assets such as prediction markets, sports betting and cryptocurrencies.
New premium for single-premium products — both buy-out and buy-in contracts — surged 132% in the fourth quarter to $28 billion, according to LIMRA’s U.S. Group Annuity Risk Transfer Sales Survey.
A federal judge vacated the DOL's latest attempt to expand fiduciary duty.
The day my father gave me a gift of peace, clarity, preparation – and love.
Saltzman Associates’ inaugural annuity market year in review, which looked at institutional distribution through banks and broker-dealers, found that nearly all product lines saw growth.
In 2025, favorable economic conditions, along with aging demographics and more advisors selling annuities, led to record-breaking individual annuity sales across bank, BD and wirehouse channels.
Florida’s recent tort reforms were designed to reduce lawsuit incentives and the additional costs that arise when claim payouts increase because of societal and legal pressures.
A panel of insurance and legal leaders says artificial intelligence is rapidly transforming the life and annuities industry, but compliance is a concern.
QLACs are not common, so it’s less likely for advisors to recommend them to clients in comparison to other fixed income options.
Advantage Capital signed an agreement with global investment manager Oaktree Capital Management to provide critical funding support for its financially troubled life insurers.
A group of large PHL Variable policyholders, and the Connecticut insurance commissioner both took aim at Nassau Financial Group in separate court filings this week.