Lawsuit: CVS Caremark inflated drug costs via ‘manipulation scheme’
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.
New NAIC group wades into the skyrocketing cost of health insurance
A new National Association of Insurance Commissioners’ working group aims to identify policy solutions to rising health care costs and insurance premiums.
High-risk assets gaining attention from many Americans
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.
Judge KOs Labor Department’s latest fiduciary rule
A federal judge officially killed the Department of Labor’s Retirement Security Rule on Tuesday.
2025: A record-breaking year for annuity sales via banks and BDs
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.
Investors remain skeptical of AI in financial advice
Only 38% of affluent investors are comfortable with artificial intelligence, according to Cerulli Edge-U.S. Retail Investor Edition.
Florida tort reform: A new era for insurance company loss ratios
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.
Indexed life sales hit big despite lawsuits, market headwinds, Wink finds
Despite several high-profile lawsuits and continued market turbulence, indexed life insurance remains the preferred product for consumers.
AI evolution in life insurance: A test of compliance
A panel of insurance and legal leaders says artificial intelligence is rapidly transforming the life and annuities industry, but compliance is a concern.
Oaktree grabs control of Atlantic Coast Life Co. in blockbuster A-Cap deal
Advantage Capital signed an agreement with global investment manager Oaktree Capital Management to provide critical funding support for its financially troubled life insurers.
PHL Variable liquidation: Regulators, investors pivot legal fire to Nassau
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.
Why experts are calling this the ‘golden age’ of underwriting
Advancements in technology are ushering in what experts have dubbed the “golden age of underwriting,”
Younger generations experience serious health issues earlier in life
What do these early-onset health conditions mean for insurance?
Fiduciary Rule funeral: DOL joins industry in move to vacate Biden-era rule
The Department of Labor said in court documents this week that it supports a district court motion to vacate its Retirement Security Rule.
Variable annuity sales surge as market confidence remains high, Wink finds
Annuity buyers continued to show faith in the market as 2025 came to a close, with traditional variable and structured annuity sales up significantly, Wink, Inc. reported.
SEC manual shake-up: What every insurance advisor needs to know now
The SEC Division of Enforcement announced important updates to its Enforcement Manual to improve the consistency and uniformity of investigative practices
Nearly half of surety bonding professionals worried AI will take their job
The potential for artificial intelligence to transform underwriting workflows has caught up to the surety bonding industry.
Texas Disclosure 101: A survival guide for P&C agents and clients
Earlier this year, a new law went into effect in Texas, requiring insurers to provide a reason for declining or…
Millennials are inheriting billions and they want to know what to do with it
Millennials are emerging as the next financial phenomenon and are already shaping the economy. They require tailored financial advice.
