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A Prince George "s County grand jury on Tuesday indicted Corrie Alston, 51, of Bowie, on charges of a felony theft scheme and insurance fraud for submitting multiple fraudulent life insurance applications, Attorney General Anthony G. Brown said. Alston, while employed as an information technology specialist for the federal government, also worked as a licensed…

A Prince George "s County grand jury on Tuesday indicted Corrie Alston, 51, of Bowie, with felony theft scheme and insurance fraud for submitting multiple fraudulent life insurance applications, Attorney General Anthony G. Brown announced. Alston, while employed as an information technology specialist for the federal government, also worked as a licensed…

A top Kansas regulator who’ s running for governor is facing scrutiny over a deluge of campaign contributions that she received from interested parties in the weeks before a key regulatory decision— raising ethical questions about a potential influence campaign. Insurance Commissioner Vicki Schmidt denies any connection between the more than $300,000…

CEDAR RAPIDS— A Cedar Rapids man is accused of theft and insurance fraud after investigators said he submitted life insurance claims for three children whose deaths could not be substantiated. Thompson Nagbe Jr., 37, made two fraudulent life insurance claims on policies he enrolled in through his employer, according to a Linn County criminal complaint.
Image shows Kyle Busch
Racing legend Kyle Busch, 41, died suddenly Thursday.

The sudden death Thursday of 41-year-old racing icon Kyle Busch has reignited an intense debate regarding the role of indexed universal life insurance in financial planning.

In one, the Colorado Supreme Court reversed a trial judge on May 18 and ordered a preliminary injunction requiring Children's Hospital Colorado to resume providing gender-affirming care to minors. In another, a state trial judge in Kansas granted a temporary injunction on May 15 to block enforcement of Kansas's recently enacted ban on gender-affirming…

AM Best has upgraded the Long-Term Issuer Credit Rating to“ aa” from“ aa-” and affirmed the Financial Strength Rating of A+ of Southern Farm Bureau Life Insurance Company. The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. In addition, operating results are supported by the company’ s favorable market…
Image shows a picture of Greg Lindberg against a backdrop of money and a gavel. Judge grants government $1.5M forfeiture from Greg Lindberg.
More than 43,000 checks were issued to policyholders affiliated with Greg Lindberg-controlled North Carolina life insurance companies.

More than $150 million from the sale of a key asset tied to Greg Lindberg’s insurance empire has been distributed to policyholders with uncovered claims.

James Kenfack, financial analyst at AM Best and one of the authors of the outlook, said,“ As a result of these adjustments, the segment’ s overall profitability has been restored. Morgane Hillebrandt, associate director, analytics, added,“ While France remains a highly competitive mature market, strong discipline, as well as developed risk management and cost…