INSURASALES

F&G Annuities & Life Maintains Hold Ratings Amid Market Volatility

F&G Annuities & Life sees consistent hold ratings from analysts amid price fluctuations and market adjustments. Insights on financial performance, insider trading, and institutional ownership.

CT Regulators Propose More Flexible PHL Variable Policy Benefits Amid Moratorium

Connecticut regulators seek to adjust the moratorium on PHL Variable Insurance Co. policies, proposing more flexible benefits distribution amid ongoing financial rehabilitation efforts.

Federal Judge Allows Bristol-Myers Pension Risk Transfer Lawsuit to Proceed

A federal judge permits a pension risk transfer lawsuit against Bristol-Myers Squibb over ERISA fiduciary duty allegations related to pension obligations transferred to Athene.

U.S. Insurers Face Divergent Regulatory Approaches on AI Governance

U.S. insurance regulators debate AI governance with varied approaches from NAIC principles and Colorado's rules to NCOIL's model law. Industry voices emphasize balanced oversight and innovation.

Group 1001 Names Derek Towriss President of Gainbridge Insurance Agency

Group 1001 Insurance appoints Derek Towriss as President of Gainbridge Insurance Agency, advancing leadership in annuities and insurtech innovation.

TruChoice Launches SmartHub Platform to Streamline Annuity Sales

TruChoice Financial Group launches SmartHub, an integrated platform streamlining annuity sales for financial professionals with enhanced order management and compliance.

NY Federal Judge Dismisses GE Pension Risk Transfer Lawsuit

A New York judge dismissed a lawsuit challenging General Electric's pension risk transfer to Athene, affirming the legality of PRT deals under ERISA and supporting insurer participation in pension risk markets.

Trump Executive Order Expands 401(k) Access to Private Equity and Alternatives

President Trump's executive order expands 401(k) investment options to include private equity and alternative assets, offering new diversification opportunities while raising fiduciary and regulatory considerations for retirement plans.

New York Expands Gold Star Families Annuity to Cover Non-Combat Deaths

New York State expands Gold Star Families Annuity in 2025-26 budget to include families of service members who die on active duty in combat and non-combat situations, enhancing veterans' survivor benefits.

U.S. Life/Annuity Insurance Net Income Rises 39% in H1 2025

The U.S. life/annuity insurance sector saw a 39% net income rise in Q1 2025, driven by premiums, investments, and reserve adjustments per AM Best report.