PHL Variable Rehabilitation Plan Advances with Takeover Bids, Moratorium Updates

Connecticut’s Department of Insurance is reviewing multiple takeover proposals for PHL Variable Insurance Co. amid ongoing rehabilitation efforts, including moratorium on benefits and portfolio realignment.

Powerball $200K Winner Claims Prize Amid Growing $775M Jackpot

A North Carolina man claimed a $200,000 Powerball prize after tax, while the jackpot escalates to $775 million. Understand lottery payout and tax details relevant to insurance and finance.

DPL Financial Partners Expands RIA Focus with New Sales Leader Appointment

DPL Financial Partners appoints Tom McCarthy to lead sales amid expansion of insurance and annuity solutions for registered investment advisors.

Venerable Appoints Alexandra Findleton Head of Flow Reinsurance to Boost Growth

Venerable names Alexandra Findleton Head of Flow Reinsurance, expanding its variable annuity reinsurance operations and growth strategy in the U.S. market.

Nuveen's Top Mid-Cap Blend Mutual Funds Showcase Strong Performance

Explore Nuveen's top mid-cap blend mutual funds with strong three-year returns and Zacks Rank #1 status, highlighting key asset management strategies and performance insights.

Intel Deepens Semiconductor Investment in Malaysia with $208M Expansion

Intel announces a $208 million investment to enhance semiconductor assembly and advanced packaging operations in Malaysia, supporting the country's industrial growth plan and reinforcing Southeast Asia's role in the global chip supply chain.

DPL Financial Partners Names Tom McCarthy Chief Distribution Officer

DPL Financial Partners appoints Tom McCarthy as Chief Distribution Officer to drive growth in advisory insurance and annuity solutions for RIAs and wealth management firms.

Heather Kane Receives NAFA's 2025 Lifetime Achievement Award

Heather Kane awarded the 2025 Bo Johnson Spirit Award for Lifetime Achievement by NAFA, recognizing her impact on independent annuity distribution at the 17th annual Annuity Distribution Summit.

MetLife Completes $10B Variable Annuity Risk Transfer with Talcott Resolution

MetLife completes $10 billion variable annuity risk transfer deal with Talcott, reducing legacy portfolio risk and securing hedge cost savings, highlighting strategic risk management in insurance.

Pennsylvania Lottery Operational Guidelines and Compliance Measures

Overview of Pennsylvania Lottery's operational protocols, player eligibility, and auditing processes ensuring accurate prize payouts under state compliance.