Prudential of Japan implementing action plan to address employee misconduct issues Establishing independent program to reimburse impacted customers Support for existing POJ customers and servicing of in-force policies is not impacted. TOKYO& NEWARK, N.J.—- The Prudential Life Insurance Company, Ltd. and its parent company, Prudential Financial, Inc.,…
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Judge orders Greg Lindberg to pay $526 million to policyholders
A North Carolina judge ordered Greg Lindberg to pay $526 million to long-suffering policyholders.
Donahue& Horrow LLP has secured another published federal court victory. Once again, Donahue& Horrow LLP continues to be a leader in fighting for disability benefits under ERISA. In a separate case, Donahue& Horrow LLP reinstated long-term disability benefits and attorneys’ fees for a client facing similar post-viral limitations.
Members of the National Association of Insurance and Financial Advisors and Finseca will convene in Washington, D.C., on Tuesday, May 19, 2026, for a Day on the Hill, bringing a unified industry voice directly to policymakers on issues that impact financial professionals and the American families they serve.
Securian Financial today announced the launch of AI-enabled instant claims decision and benefit payment capabilities for its supplemental health insurance products— the first offering of its kind in the marketplace. This breakthrough innovation transforms the typical supplemental health claims experience from days of waiting to real-time results,…
Another large policyholder asks court to intervene on PHL liquidation
Another large policyholder is asking a Connecticut judge to permit an emergency intervention in the pre-liquidation proceedings for PHL Variable.
MONTPELIER, Vt.—- National Life Group announced a collaboration with Boston Children’ s Hospital Neighborhood Partnership program to provide access to free online social-emotional learning and behavioral health resources to educators nationwide. National Life Group will make this series available directly to more than 15,000 school employees who are…
John Hancock looks to new AI underwriting tool to slash processing time
John Hancock’s new Gen-AI powered underwriting tool may cut down preliminary processing times from one day to just 15 minutes.
Allianz Investment Management LLC, a subsidiary of Allianz Life Insurance Company of North America and adviser to the AllianzIM exchange-traded funds, today announced the expansion of the AllianzIM Buffered ETF lineup with a new fund that seeks to give investors more ways to stay invested while managing downside risk. “The demand for buffered ETFs remains…
Recent audiobook release “INDEXED UNIVERSAL LIFE INSURANCE IN ACTION: FROM PROTECTION TO PROSPERITY – YOUR PATH TO FINANCIAL SECURITY” from Audiobook Network author Sherida Stevens is a comprehensive guide to understanding one of the most crucial and underutilized tools to building future financial wealth.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Etiqa General Insurance Berhad. The outlook of these Credit Ratings is stable. In addition, the ratings factor in the neutral impact from the company’ s ultimate majority owner, Malayan Banking Berhad, one of the largest financial services groups incorporated,…
Life insurance application activity hits record growth in 2025, MIB reports
Life insurance application activity closed the year up 22% in December, the MIB Life Index reported, helping 2025 set a record for growth.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of“ bbb-” of Well Link Life Insurance Company Limited. The Credit Ratings reflect Well Link Life’ s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business…
Investors holding $130M in PHL benefits slam liquidation, seek to intervene
Investors holding PHL Variable universal life policies with combined death benefits totaling more than $130 million say they largely funded the company while a failed rehab took place.
Elevance making difficult decisions amid healthcare minefield
Elevance Health navigated the healthcare minefields well enough to post a $547 million profit in the fourth quarter 2025, a 31% increase over the prior-year quarter.
Michelle Shropshire, 55, of Waldorf, Md., and Harlisha Jones, 50, of Clinton, Md., and Washington, D.C., pleaded guilty today in U.S. District Court in connection with a health care fraud scheme in which they conspired to obtain fraudulent health care and disability payments totaling nearly $60,000. Shropshire also admitted to spearheading a broader scheme involving…
Protective Life Corporation, a U.S. subsidiary of Dai-ichi Life Holdings, Inc., today announced a new distribution relationship between its principal subsidiary Protective Life Insurance Company and Alfa Insurance, bringing together two Alabama‑ founded companies with longstanding commitments to serving families and communities.
Indiana woman refiles National Life lawsuit over IUL that returned 0%
An Indiana woman, unhappy with an indexed universal life policy that returned 0%, refiled a lawsuit against National Life companies.
Taiwan never targets a level for its currencyat least, that is what the CBC, maintains. It is of course pure coincidence that the CBC's intervention spiked when the Taiwan dollar appreciated toward 29 last spring. The CBC maintains that it is not worried at all about the impact that any sustained appreciation of the Taiwan dollar would have on the massive open…
Insurance industry is healthy but uncertain in 2026
Insurance industry CEOs are positive, despite being challenged by implementing artificial intelligence and dealing with a shrinking workforce.
