INSURASALES

Massachusetts Court Partially Grants Summary Judgment in ERISA Life Insurance Dispute

The District of Massachusetts court ruled partially on summary judgment in an ERISA dispute involving life insurance benefit denials by Hartford Life & Accident Insurance Company linked to Tufts Medical Center Physicians Organization.

Priscilla Presley Faces $50M Fraud Lawsuit And Shocking Death Accusations

Priscilla Presley is sued for $50M in a new Beverly Hills case alleging fraud, breach of contract, and hastening Lisa Marie Presley's death. The lawsuit expands a complex estate and trust dispute involving the Promenade Trust and celebrity asset management.

Mexican Insurance Industry Reports $908B in Premiums, Highlights Major Claims

Mexican insurance companies manage premiums of MX$908.79 billion and have paid significant claims including $3.01 billion for COVID-19. The sector faces modernization and climate risks while growing pension insurance.

Swiss Re Updates Life Guide with New Underwriting Guidance for Longevity Drugs

Swiss Re's Life Guide update introduces new underwriting guidance for life insurance applicants using repurposed longevity drugs, enhancing risk assessment frameworks and integrating AI tools for improved underwriting decisions.

Allianz Life Cyberattack Highlights Rising Cybersecurity Risks in US Insurance

The 2025 cyberattack on Allianz Life affects 1.4 million US customers, raising industry-wide concerns about data privacy, regulatory compliance, and cyber risk management in life and health insurance.

Federal Appeals Court Classifies Fractional Life Insurance Policies as Securities

The Ninth Circuit ruled fractional interests in life insurance policies are securities, raising compliance requirements for wealth managers and advisors in the U.S.

Swiss Re Updates Life Guide with Underwriting Guidance on Longevity Drugs

Swiss Re's August 2025 Life Guide update provides U.S. life insurers with new underwriting guidance on repurposed longevity drugs like metformin and rapamycin, enhancing risk assessment for evolving health trends.

Allianz Life Reports Data Breach Affecting 1.4 Million Customers

Allianz Life Insurance disclosed a data breach compromising personal information of 1.4 million customers, highlighting cybersecurity challenges in the insurance industry and compliance implications.

Wealth Express Launches Term Life Insurance with Guaranteed Rates and No Medical Exams

Wealth Express introduces term life insurance with guaranteed rates and no medical exams, eliminating hidden fees common in digital platforms. Transparent pricing restores consumer trust.

UnitedHealth to Divest Assets in $3.3B Amedisys Acquisition to Preserve Competition

UnitedHealth Group settles with US Justice Department requiring divestiture of 164 home health and hospice facilities in $3.3 billion Amedisys acquisition to maintain market competition and compliance.