Embattled entrepreneur Greg Lindberg is weighing options after a North Carolina Court of Appeals decision this week clears the way for his former insurance companies to be liquidated.
With the advent of AI, insurance carriers are tapping novel data sources like social media, GPS records, and smart devices for underwriting.
The possibilities appear to be endless for using generative AI in the property and casualty insurance industry. We asked an expert to bring us up to date.
Access to an often much-needed Medigap policy varies greatly by state for those under age 65, while Medicare Advantage plans are often bad choices for those over 65.
Total fourth quarter sales of deferred annuities were $105.4 billion, Wink, Inc. reports, up 32.9% when compared to the same period last year.
Nearly 8 out of 10 (78%) of near retirees failed or barely passed the latest Social Security retirement benefits quiz from MassMutual.
A North Carolina appeals court partially reversed a lower-court ruling today and affirmed liquidation proceedings against insurers once owned by embattled investor Greg Lindberg.
In a new court brief, plaintiffs accuse State Farm of “evasive tactics” during the discovery phase of a class-action lawsuit over vehicle loss assessments.
High inflation, increased claims costs, climate change and fraud are driving major increases in insurance rates across the United States.
Insurance company merger and acquisition deals fell off the table in 2023, hampered by the rising cost of capital and…
California Gov. Gavin Newsom gave industry trade groups a big win Thursday by signing a best-interest annuity sales bill into law.
With private equity backing and fresh life and annuity assets, Zinnia is making its move in the market, CEO Michele Trogni said.
After intentionally “throttling” growth in 2023, executives at Lemonade say they expect to accelerate its growth plans by a factor of three.
NAIC issues ESG insurance sector policies, an expanding metric to grade insurers’ underwriting, investing, or other business decisions.
A Senate committee agreed Wednesday that retirement security is a major crisis facing Americans, but disagreed on virtually every detail about the causes and potential solutions.
In the face of escalating home and insurance prices, more Americans are going to new lengths to afford their premiums.
California could become the 45th state to adopt best-interest annuity sales rules if Gov. Gavin Newsom signs the bill.
Expected Fed rate cuts might may shift interest away from fixed-rate deferred annuities, according to industry experts.
Several life insurers cited mortality improvements in the fourth quarter for helping to improve life insurance earnings at the end of 2023.
