A Massachusetts judge fined Jeffrey Cutter $50,000 and Cutter Financial Group $100,000 today for an Advisors Act violation involving the sale of fixed indexed annuities.
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John Hancock’s new Gen-AI powered underwriting tool may cut down preliminary processing times from one day to just 15 minutes.
The Sixth Circuit Court of Appeals agreed Thursday to reconsider class certification granted to plaintiffs suing State Farm over the values it assigns to totaled vehicles.
Life insurance application activity closed the year up 22% in December, the MIB Life Index reported, helping 2025 set a record for growth.
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.
Why are an increasing number of households in the U.S. moving investable assets across their financial stores? A recent study takes a look.
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.
Industry experts say a new trend of employers offering long-term care solutions could help bridge a coverage gap that’s edging towards a crisis.
A retired Navy veteran and his wife are awaiting a court ruling on the fate of $80,000 in surrender charges tied to an equity linked annuity bought from Ameritas.
UnitedHealth Group previewed its new reality Tuesday morning with flat revenues and soft guidance.
An Indiana woman, unhappy with an indexed universal life policy that returned 0%, refiled a lawsuit against National Life companies.
InsuranceNewsNet sat down with three top providers of insurance AI solutions to understand where AI developments are headed in the industry.
Insurance industry CEOs are positive, despite being challenged by implementing artificial intelligence and dealing with a shrinking workforce.
Pacific Life Insurance Co. responded Thursday to racing superstar Kyle Busch’s indexed universal life lawsuit, filing more than 1,000 pages worth of exhibits in a motion to dismiss.
Winter Storm Fern is gathering power and set to unleash potentially billions in property damage and devastation across middle America. Are insurers ready?
The decade-long downward spiral of PHL Variable Insurance Co. has Connecticut regulators on the verge of liquidation proceedings.
The Connecticut Insurance Department agreed to answer InsuranceNewsNet’s questions regarding its oversight of PHL Variable through the years.
When it comes to retirement security and readiness, most Americans are not ready at all, according to a recent study.
A retired Navy veteran and his wife are suing Ameritas over the alleged fraudulent sale of unsuitable equity-indexed annuities.
The coming year will bring increased market volatility and a slowing in U.S. gross domestic product as the economy contends with a slackening labor market and the impact of tariffs.
