The NAIC is readying a new guideline to tighten how insurance companies manage the massive wave of pension liabilities landing on their balance sheets.
Product deserts are locations where Medicare Advantage plan disruption, shrinking availability and choices are creating challenges for enrollees and advisors.
A North Carolina judge ruled that Greg Lindberg owes policyholders $526 million.
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.
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.
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.