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June 19, 2025
Image shows the State Farm logo
State Farm recently won approval for an emergency 17% rate hike in California.

‘Tough decisions’ on the way as California grapples with insurance crisis

Nearly six months after a series of devastating wildfires, California’s property insurance crisis is far from stabilized.

June 18, 2025
House of cards falling with the words "$50 Million" overlaying the image. N.Y. man charged in 'Eight Percent Fund' $50M ponzi scheme.

N.Y. man charged in ‘Eight Percent Fund’ $50M ponzi scheme

N.Y. man charged by authorities with one of the largest and longest-running Ponzi schemes in state history.

June 18, 2025
Image of an agent with empty pockets with the United Health Care logo and the words "Medicare Advantage Commission." Agent groups condemn United Healthcare eliminating commissions.

Agent groups condemn United Healthcare eliminating commissions

Professional associations representing the agent community have come out against United Healthcare’s recent decision to eliminate agent commissions across more than 100 Medicare Advantage plans in more 20 states.

June 17, 2025

Annuity sales top $100B for the 6th straight quarter, LIMRA reports

U.S. annuity sales exceeded $106 billion in the first quarter, with more than half of the top 20 carriers reporting sales growth, LIMRA reported.

June 17, 2025
Image of a long-term care patient and medical provider. LTC market will face 'greater strain.' Are solutions already at hand?.

LTC market will face ‘greater strain.’ Are solutions already at hand?

The long-term care issue is receiving plenty of attention — both from the explosive growth of LTC riders attached to life insurance, as well as several state and federal proposals.

June 16, 2025
Image says, "Annuity King Civil Suit"
Phillip Roy Wasserman claims agents had biases when they investigated his annuity business.

‘Annuity King’ gets trial date for lawsuit against feds, Florida regulators

Phillip Roy Wasserman is expected to get another day in court to make his case that state and federal agents broke the law during investigations that led to his fraud conviction.

June 13, 2025
Cruise ship and two passengers asking "Ready? Why-emotional-readiness-is-key-to-retirement.

Why emotional readiness is one key to retirement

Retirement is a significant emotional transition that many clients “simply aren’t emotionally prepared for,” according to the FPA.

June 12, 2025
Illustration showing an image of a $100 bill against a backdrop of rising financial graphs. Insurers-show-strongest-financial-performance-in-a-decade.

Insurers show strongest financial performance in a decade

Publicly traded insurance companies showed strong financial performance in 2024 compared to the prior year, according to an analysis by Compensation Advisory Partners.

June 11, 2025
Image shows the UnitedHealth logo
UnitedHealth will pay $69 million to settle claims by former employees that the insurer mismanaged their retirement plan.

Plaintiffs seeks final OK of $69M UnitedHealth settlement in 401(k) lawsuit

A group of plaintiffs suing UnitedHealth Group over the fund selections in its company retirement plan is seeking final court approval for a $69 million settlement.

June 10, 2025
Photo illustration of a person holding a sign that says "Hiring. We've got insurance and everything." Study-Small-businesses-see-benefits-as-key-to-attract-retain-quality-talent.

Study: Small businesses see benefits as key to attract, retain quality talent

U.S. small business owners want to invest more in workplace solutions for their employees’ health and finances.

June 10, 2025
Image shows the National Life Group logo.
National Life Group saw record-setting sales numbers in 2024.

National Life: Strong 2024 sales led by 20% life growth, 17% annuity rise

National Life Group set a bunch of new sales records in 2024, including $635 million in life insurance policies, $3.4 billion in annuities.

June 9, 2025
Image shows the words, "Life Sales UP"
Life insurance sales were up in the first quarter, Wink reports.

Life insurance sales up 2% in the first quarter, Wink finds

Life insurance sales rose more than 2% in the first quarter, Wink, Inc. found in its Sales & Market Report.

June 9, 2025
Image shows the LIMRA/LOMA and Alliance for Lifetime Income logos. LIMRA/LOMA courts consumers with Alliance for Lifetime Income merger.

LIMRA/LOMA targets consumers with Alliance for Lifetime Income merger

For LIMRA, the decision to venture into the consumer-focused space comes amid soaring annuity sales and the SECURE Act bills boosting the products.

June 9, 2025
Image of NOAA website with a lightning bolt across the front of the image. What-cuts-massive-layoffs-at-NOAA-might-mean-to-insurers.

What cuts, 20% layoffs at NOAA might mean to insurers

As another volatile hurricane and wildfire season looms, insurers are confronting a new risk not coming from nature — but from Washington.

June 6, 2025
Image shows the word, "Reinsurance."
Regulators adopted a long-discussed reinsurance guideline Thursday in the first step toward more stringent asset testing.

Regulators wave off criticism, adopt reinsurance asset-testing guidance

A state insurance task force adopted a long-anticipated reinsurance asset testing guideline Thursday.

June 5, 2025
Image shows the CVS logo
A new Arkansas law could mean big pharmacies leave the state, a new lawsuit claims.

CVS, Express Scripts sue to block ‘protectionist’ Arkansas PBM law

CVS and Express Scripts filed separate lawsuits recently challenging a new Arkansas law they say aims to put them out of business in the state.

June 4, 2025
Image shows the number 3.94
Life insurance new premium was up strong in the first quarter, LIMRA reports.

Life premium up in Q1, LIMRA reports; Pacific Life takes over as No. 1

Pacific Life, Nationwide, and Prudential made big moves up the life insurance sales charts during the first quarter, LIMRA reported Wednesday.

June 4, 2025
Document with "Big Beautiful Bill" appearing, being held by President Donald Trump. Impact-of-big-beautiful-bill-to-advisors-may-be-a-shift-in-client-behavior.

Impact of ‘big, beautiful bill’ to advisors may be a shift in client behavior

The sweeping federal budget legislation dubbed the “big, beautiful bill” by its backers is sparking sharp debate over its potential impact.

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.

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