Tag: Connecticut Insurance

PHL Variable Insurance Co. Faces Liquidation: Key Insights for Policyholders

Explore the financial troubles of PHL Variable Insurance Co. and the implications for policyholders amid potential liquidation and regulatory scrutiny.

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.