Tag: Policyholder Protection

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.

Sentinel Security Life Data Breach: Key Insights and Response

Explore the Sentinel Security Life data breach incident, response actions, and protection measures to safeguard affected individuals.

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.

Wisconsin Proposes LTC Insurance Guaranty Account to Protect Policyholders

Wisconsin Assembly Bill 699 proposes a specialized LTC insurance guaranty account funded by life and disability insurers to safeguard policyholders, with tax credits to ease insurer costs.