NAIC regulators work to tighten investment guideline on PRT transfers
The NAIC is readying a new guideline to tighten how insurance companies manage the massive wave of pension liabilities landing on their balance sheets.
TrumpRx is here. What you should know
TrumpRx, a U.S. government–backed prescription drug discount platform, launched Thursday night. How does it work and who will benefit most from it?
Globe Life reports solid quarter of sales, Bermuda reinsurer ramps up
Globe Life carved out a niche serving the middle market with smaller policies, a strategy reliant on agent recruitment.
Cigna hails pharmacy deal with the FTC, battles elevated cost trends
The Cigna Group faced many of the same increased health care cost drivers during the fourth quarter, and it pushed profits down slightly.
Equitable reports mixed results but looks ahead to a stronger 2026
Equitable Holdings reported mixed 2025 financial results, posting a full-year loss but returning to profitability in the final quarter.
Prudential calls 90-day sales pause to sort out Japan ‘misconduct’
Prudential Financial has a Japan problem that CEO Andy Sullivan is trying to clean up via a 90-day pause on sales activity.
What’s behind Medicare Advantage product deserts
Product deserts are locations where Medicare Advantage plan disruption, shrinking availability and choices are creating challenges for enrollees and advisors.
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.
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.
How to discuss higher deductibles without losing client trust
Higher deductibles create friction for clients, introducing uncertainty at the moments they need coverage most.
Court fines Cutter Financial $100,000, requires client notice of guilty verdict
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.
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.
Sixth Circuit to review class certification in State Farm vehicle value suit
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 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.
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.
Study finds more households move investable assets across firms
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 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.
Could workplace benefits help solve America’s long-term care gap?
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.
$80k surrender charge at stake as Navy vet, Ameritas do battle in court
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.
