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South Carolina bars A-Cap insurers from writing new policies in …
Dec 18, 2024 · South Carolina regulators declined further comment on the circumstances surrounding the decision. On Dec. 2, Utah Insurance Commissioner Jonathan T. Pike signed …
Estate tax exemption likely to stay high (or disappear) under Trump II
Nov 8, 2024 · The gift and estate tax exemption is adjusted annually for inflation and is $13.61 million for a single person in 2024. Unless Congress acts to extend the current language, the …
UnitedHealth Group agrees to $69 million settlement in 401(k) suit
Dec 17, 2024 · UnitedHealth Group will pay $69 million to settle a class-action lawsuit brought by an employee alleging that the health care giant cost workers millions in lost gains by forcing …
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Another Medicare carrier stops paying commissions
Nov 20, 2024 · The Medicare open enrollment period already was off to a rocky start and it just became a bit rockier. Medical Mutual became the latest carrier to announce it is suspending …
Greg Lindberg changes course, pleads guilty to $2 billion fraud
Nov 12, 2024 · Troubled financier and onetime Bankers Life Insurance Co. owner Greg Lindberg pleaded guilty Tuesday to engineering a $2 billion fraud.
New York Life Declares Company-Record $2.5 Billion Dividend …
Nov 21, 2024 · NEW YORK--(BUSINESS WIRE)-- New York Life, America’s largest 1 mutual life insurer, has declared a dividend of $2.5 billion payable to eligible participating policy owners in …
Today's Headlines - Insurance News | InsuranceNewsNet
Oct 16, 2024 · Texas Insurance Commissioner Cassie Brown on Monday rejected the increase for residential and business policyholders sought by the Texas Windstorm Insurance Association, …
2025 insurance outlook: Dealmaking, distribution, capacity and ...
Dec 6, 2024 · M&A makes a comeback. Insurance merger and acquisition activity will resurge in 2025 as the economy recovers, venture capital investment increases, and interest rates begin …