New York Life Expands $750M Consumer Lending Investment with Affirm

New York Life Expands $750M Consumer Lending Investment with Affirm

New York Life Insurance increases its investment in Affirm's consumer loans, backing up to $750 million through 2026 to support $1.75 billion in annual loan volume amid rising interest rates and fintech growth.

Kyle Busch Lawsuit Highlights Risks of Indexed Universal Life Insurance for Retirement

NASCAR star Kyle Busch’s lawsuit reveals the risks of Indexed Universal Life policies marketed as tax-free retirement plans. Learn about the hidden costs and regulatory concerns.

Sun Life Financial Q3 2025: Diversified Growth Amid Market Challenges

Sun Life Financial reports Q3 2025 results with diversified growth in asset management and insurance despite U.S. segment challenges and market volatility. Key financial and operational highlights detailed.

Guardian and PrismHR Launch APIs to Modernize PEO Benefits Administration

Guardian partners with PrismHR to introduce API connections that streamline benefits administration for Professional Employer Organizations, boosting efficiency and employee satisfaction.

NAIC CEO Gary Anderson Steps Down; Jeff Johnston Named Interim Leader

NAIC CEO Gary Anderson resigns effective Oct 29. Jeff Johnston named interim CEO as NAIC plans budget growth and regulatory modernization, including AI and risk-based capital updates.

Kyle Busch's $8.6M Loss Highlights Risks of Indexed Universal Life Insurance

NASCAR's Kyle Busch lost $8.6 million in premiums due to fees and performance issues in an Indexed Universal Life insurance policy sold by Pacific Life. This case highlights risks and compliance issues in IUL policies for insurance professionals.

Guardian Life Partners with Hamilton Lane to Manage $5B Private Equity Portfolio

Guardian Life collaborates with Hamilton Lane to manage its $5 billion private equity portfolio, enhancing investment strategies and expanding alternative asset exposure for institutional investors.

AM Best Downgrades Outlook for CICA Life Insurance Credit Rating

AM Best revises CICA Life Insurance's credit rating outlook to negative citing new business strain and balance sheet pressures. Stable financial strength rating affirmed.

Globe Life Reports Q3 2025 Earnings With Strong Underwriting and Investment Results

Globe Life delivers strong Q3 2025 financial results with increased net income and underwriting income driven by life and health insurance growth and stable investment yields.

Teresa Rasmussen Named 2026 Chair of American Council of Life Insurers

Teresa Rasmussen elected 2026 chair of the American Council of Life Insurers, advancing industry initiatives on financial and retirement security.