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.
Consumers continue to like indexed life insurance.
A panel of insurance and legal leaders says artificial intelligence is rapidly transforming the life and annuities industry, but compliance is a concern.
Advantage Capital signed an agreement with global investment manager Oaktree Capital Management to provide critical funding support for its financially troubled life insurers.
The PHL Variable liquidation is entering a new phase.
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.
Experts say technology could drive better underwriting.
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.
The SEC Division of Enforcement announced important updates to its Enforcement Manual to improve the consistency and uniformity of investigative practices
The legacy technology systems that many insurers rely on are holding them back. Still, it’s unsustainable for insurers to keep kicking the can down the road long-term, according to a new study.
With many Americans’ retirement savings falling far short of what they really need for long-term financial security, technology could be leveraged to help close the gap.
The U.S. International Development Finance Corp. will begin offering “political risk insurance” at “reasonable prices” to commercial tankers. Will it free up oil traffic?
Current insurance agency AI adoption levels vary widely—33% are just experimenting, 22% are using AI in limited areas, 8% are embedding it in daily workflows, and 31% are not using it at all.