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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.

New York accuses Allstate Insurance and its affiliates of failure to build proper data security protection against serious data breaches.

A Utah judge paused an emergency order banning Sentinel Security Life Insurance Co. from writing new business nationwide.

The insurance industry is facing even broader repercussions from the administration’s policies well beyond what tariffs could bring.

Empower CEO Edmund Murphy III isn’t ready to sound any alarms over the tumbling stock market, which fell more than 3,000 points in one month.

Profitability will be the biggest top-of-mind issue for insurers in 2025, while advanced data and analytic technologies will be insurers’ top strategic priority this year.

Creating a new asset class could help more Americans access the guaranteed lifetime income options studies show are needed to help avert a mass retirement crisis.

For the first time ever, total quarterly annuity sales surpassed $100 billion in all four quarters of the year.

A consumer advocacy group claims that the National Association of Insurance Commissioners enjoys widespread power and influence without the accompanying transparency,

In the age of AI, insurtechs must find ways to differentiate themselves and adapt, says Bestow CEO Melbourne O’Banion.

Indexed life products led the way as 2024 life sales registered gains in several catergories, Wink reported.

The New York State Department of Financial Services fines three dozen auto insurers for failing to timely report new and terminated policies.

More than 1 million Americans have received retroactive Social Security payments as a result of the Social Security Fairness Act that was signed into law by then-President Joe Biden on Jan. 5.

The Travelers Companies is being accused of asking the SEC to quash a shareholder effort to seek climate-related coverage information.

Two recent studies provide some critical insights into the goals and challenges of women investors, and how they select financial advisors.

Plans to slash the Social Security Administration workforce from 57,000 to 50,000 might not directly involve benefits, but many stakeholders are nervous nonetheless.

Lemonade shares increased 94% in the last three months, based on recent performance. Can profitability be close behind?

A group of medical providers, led by the Temple and Penn State health systems, opted out of a Blue Cross Blue Shield antitrust settlement and filed their own lawsuit Tuesday.

Alliance for Lifetime Income’s 2024 annual study finds significant gaps between financial professionals and investors.