INSURASALES

Tag: regulatory compliance

Vehicle Thefts in U.S. Decline 23% in First Half of 2025, NICB Reports

The National Insurance Crime Bureau reports a 23% drop in U.S. vehicle thefts in the first half of 2025 due to enhanced anti-theft technology, law enforcement efforts, and market changes.

Malibu Life Expands Into Annuities with TruSpire Acquisition and Sector Moves by Pacific Life and Lincoln Financial

Malibu Life Holdings acquires TruSpire Retirement Insurance, expanding into direct annuity issuance by mid-2026. Pacific Life settles IUL lawsuit and adds FIAs, while Lincoln Financial advances Rila platform development.

IFRS 18 to Transform Insurance Financial Statements and Disclosure Requirements

IFRS 18 introduces new financial statement presentation and disclosure requirements for insurance companies, including operating profit subtotals and management-defined performance measures, effective 2027.

Government Shutdown Turmoil Threatens ACA Programs and Insurance Industry Stability

A government shutdown places the Affordable Care Act at risk, potentially causing significant premium hikes and insurance market instability.

ClaimPix Auto Insurance Data Breach Exposes Millions of Customer Records

ClaimPix, an auto insurance claims platform, experienced a major data breach exposing over 5 million customer files including personal info, vehicle details, and Power of Attorney documents. The breach raises significant risks of identity theft and vehicle cloning in the insurance sector.

Advantage Insurance Highlights PPLI's Strategic Role in Global Wealth Planning

Explore how Advantage Insurance leverages Private Placement Life Insurance (PPLI) for global wealth planning, offering tax efficiency, asset protection, and flexible cross-jurisdictional solutions for high net worth clients.

Athene Expands Reinsurance with Sony Life in $19B Japanese Insurance Block Deal

Athene partners with Sony Life in a $19B block reinsurance deal, highlighting growing reinsurance activity and cross-border capital flows in the Japanese insurance market.

SelectQuote Faces DOJ Probe, Investor Lawsuit Over Medicare Advantage Sales Practices

SelectQuote faces a DOJ investigation and investor lawsuit over alleged deceptive Medicare Advantage sales practices, triggering a sharp stock decline and regulatory scrutiny.

SelectQuote Faces Investor Lawsuit After DOJ Medicare Sales Probe

SelectQuote faces a securities class-action lawsuit following DOJ intervention over alleged deceptive Medicare Advantage sales, impacting investor confidence and regulatory compliance in the insurance market.

California Enacts AB 144 to Modernize Vaccine Coverage in Health Insurance

California's AB 144, signed into law, updates health insurance vaccine coverage policies aligning with federal immunization guidelines, enhancing access and regulatory compliance.