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Top Stories

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June 3, 2025
Image shows a gavel and the words, "Tax Sham Lawsuit."
A group of 29 plaintiffs claim that Penn Mutual Life Insurance Co. and several co-defendants ran a tax-avoidance scam around whole life insurance policies.

Penn Mutual, co-defendants, ask court to dismiss lawsuit alleging tax scam

Defendants are asking a California court to dismiss a lawsuit alleging a tax-avoidance scam around Penn Mutual whole life insurance policies.

June 3, 2025
Insurance professional wrapped up in red tape that says "changes". Pace-of-regulatory-change-raises-risk-for-insurers-expert-says.

Pace of regulatory changes reshapes risk for insurers, expert says

The volume and speed of regulatory changes under the Trump administration is reshaping what risk management looks like for insurers.

June 3, 2025
Image shows a man at a desk with papers around the background
Legacy systems are one big problem with the insurance industry's desire to go digital.

Legacy systems a big barrier to insurance industry digital marriage

Legacy systems remain a very large hurdle for many old-guard life insurance companies. But things are slowly changing.

June 2, 2025
Image shows a UnitedHealth card
UnitedHealth shareholders voted to accept the company's executive compensation plan today.

UnitedHealth shareholders support $60M stock package for CEO Hemsley

Despite rumblings of widespread dissatisfaction, UnitedHealth Group shareholders voted to support a $60 million stock package for returning CEO Stephen Hemsley Monday morning.

June 2, 2025
Illustration of an AI-powered robot sitting in the lotus position all by itself. Is-AI-replacing-insurance-agents-New-labor-study-says-not-yet.

Is AI replacing insurance agents? New labor study says ‘not yet’

Despite concerns about AI “replacing” humans, a recent study found most insurance companies plan to increase staff hiring over the next year.

June 2, 2025
Image shows a keyboard with a "reinsurance" key
Regulators hope to have a new reinsurance guideline in place by the end of the year.

Regulators to vote on disclosure-only reinsurance asset testing guideline

Regulators are set to adopt an asset adequacy testing guideline to add another layer of transparency to major reinsurance deals.

May 30, 2025
Image shows the Wink, Inc. logo
Total first quarter sales for all annuities were $98.2 billion, down 1.9% compared to the previous quarter and down 5.7% compared to the same period last year.

Q1 annuity sales veer off record pace, remain solidly strong, Wink finds

Annuity sales might have peaked, judging by the still-strong first-quarter sales data released Friday by Wink, Inc.

May 30, 2025
Financial advisor with a young couple. The-importance-of-seeking-professional-advice-early.

The importance of seeking financial advice early

of 25 and 39 is “highly important” or “critical.”

May 29, 2025
Image shows a gavel and a court scene
Utah is ending its bid to place A-Cap insurers into rehabilitation.

Utah regulators withdraw rehabilitation petition against A-Cap insurers

Utah regulators dropped a petition to force Sentinel Security Life Insurance Co. and a pair of reinsurers into court-ordered rehabilitation.

May 29, 2025
Image of a large group of senior citizens standing in front of a large sign stating "Crisis." Is-longevity-Americas-new-retirement-crisis.

Is longevity America’s new retirement crisis?

Americans are so concerned about the cost of living that they don’t want to live to be 100 years old, a new study finds.

May 28, 2025
Image shows a cartoon man at an office desk
F&G Annuities & Life lays off 192 people in both its Des Moines, Iowa headquarters, as well as some remote positions.

F&G Annuities & Life lays off 192 in bid to ‘efficiently scale’ business

F&G Annuities & Life laid off 192 employees across both its home offices in Des Moines, Iowa and remote functions.

May 28, 2025
Illustration of an expert drawing an AI framework diagram on a whiteboard.

Free online tool helps insurers map out AI governance framework

Insurers now have a free resource to help develop their AI governance frameworks thanks to a new online assessment tool offered by SAS.

May 28, 2025
Image of a senior couple fashioned out of clay. The-Reshaping-of-Retirement--The-sequence-of-returns-risk.

The Reshaping of Retirement: Volatility and the ‘sequence of returns’

As a record number of baby boomers retire, the convergence of market instability and geopolitical uncertainty is reshaping retirement.

May 27, 2025
Illustration showng the evolution of humans with the legend: "FIA Indices Evolve." FIA-indices-evolve-as-the-interest-rate-environment-changes.

FIA indices evolve as the interest rate environment changes

Insurance companies continue to add newly launched indices to their fixed indexed annuity products, leading to a growing need to educate on the difference between live and back-tested index performance to help properly set policyholder expectations.

May 27, 2025
health CMS

Health agents prepare for potential class action suit against CMS

A Washington law firm is interviewing health advisors who were unfairly targeted by the Centers for Medicare and Medicaid Services in preparation for a potential class action lawsuit against the federal agency for its use of algorithms to punish agents who enrolled consumers in Affordable Care Act coverage.

May 27, 2025
Financial advisor with clients.
Financial advisor with clients.

Most financial advisors compensated using fee-based models

The movement to fee-based services is being driven by a move from commissions to asset-based fees among wirehouse and broker/dealer channels.

May 26, 2025
Illustration showing a ticking clock and asking "Is it time?"

Is long-awaited insurance industry transformation arriving — finally?

According to two new reports, with a near-term market in flux, the moment of insurance industrty transformation may be arriving.

May 23, 2025
Illustration showing comsumers looking thoughtful with a thought balloon that says "Long-term care." What-do-consumers-think-about-the-need-for-long-term-care.

What do consumers think about the need for long-term care?

We often read about consumers’ need for long-term care,  but what do consumers think about the need for such protection?

May 22, 2025
Image shows advisor Jeffrey Cutter and the SEC logo
Advisor Jeffrey Cutter is appealing a jury verdict in his SEC civil trial.

Jeffrey Cutter files appeal from guilty verdict on Advisors Act disclosures

Advisor Jeffrey Cutter is appealing the lone guilty verdict handed down last month in his trial in a Securities and Exchange Commission civil case.

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