KKR executives touted the full earnings potential of Global Atlantic Financial Group beyond its powerful annuity sales during a call with analysts.
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Federal government attorneys are asking a court to order forfeiture of nearly $1.5 million in funds previously seized from disgraced financier Greg Lindberg.
The Reg BI “best interest” rule adopted by securities regulators five years ago has not nearly lived up to its promises, a panel says.
A state insurance panel plans to preview a draft actuarial guideline aimed at tightening oversight of offshore reinsurance assets at its August summer meeting in Chicago.
A second federal judge granted a stay of the effective date Friday halting the Department of Labor’s Retirement Security Rule until the full case can be heard.
One day after a Texas judge granted a preliminary injunction freezing its current fiduciary rule, a DOL spokesperson said regulators continue to believe in the strategy.
About 1 in every 7 Floridian homeowners is choosing to go without property insurance, despite the risk of catastrophic weather events.
Saying the plaintiffs were likely to succeed on the merits of their claim, a Texas court has stayed the DOL’s 2024 fiduciary rule.
Saying the courts and corporations have hijacked the government, a group of senators have filed a bill to reinstate the Chevron Doctrine.
An insurance panel reminded state regulators that updated rules are available to help consumers get more funds from a receivership case.
Total annuity sales hit a whopping $215.2 billion in the first half of 2024, a 19% jump from prior year results, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
A Texas judge could decide this week on a preliminary injunction request to freeze the Department of Labor’s latest fiduciary rule.
As insurers prepare to release Q2 financial earnings, some, if not many, of the negative factors they’ve faced recently have diminished.
Life insurers are unhappy with proposed tougher reinsurance oversight and let regulators know Monday during a working group call.
An expected pickup in insurance industry mergers and acquisitions has not yet materialized with a decrease in the first half of this year.
A New Jersey judge granted another extension Friday to give AM Best and two life insurers more time to finalize an agreement to end a lawsuit over negative ratings.
Health insurers and the broader health care industry brace for impact from the recent landmark SCOTUS Chevron deference doctrine ruling.
The Court of Appeals for the Fifth Circuit tossed out the Biden administration’s ESG rule in a decision posted this morning.
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Increasingly frequent and costly cyber attacks could have major implications for insurance providers and their clients.
