Tag: regulatory compliance

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

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.

Hawaiʻi Insurance Denials Persist Despite State Gender-Affirming Care Law

Hawaiʻi transgender patients face insurance denials for gender-affirming care despite state law protections and rising federal restrictions. Advocates seek legal shields and policy reforms.

SECURE 2.0 Roth Catch-Up Rule Changes 401(k) Planning Starting 2026

Starting in 2026, SECURE 2.0 mandates Roth catch-up contributions for high earners in 401(k) plans, impacting tax and retirement planning strategies.

Medicare Advantage Chart Reviews Drive Higher Diagnoses and Federal Payments

KFF research reveals widespread use of chart reviews in Medicare Advantage, increasing diagnoses and boosting CMS payments with AI-driven risk adjustment implications.

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.

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.