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Judge orders Greg Lindberg to pay $526 million to policyholders

14 hours ago
Image shows a photo of Greg Lindberg
A North Carolina judge ordered Greg Lindberg to pay $526 million to long-suffering policyholders. Read more
More Top Stories
TOP NEWS
  • Another large policyholder asks court to intervene on PHL liquidation

  • How to discuss higher deductibles without losing client trust

  • Court fines Cutter Financial $100,000, requires client notice of guilty verdict

  • John Hancock looks to new AI underwriting tool to slash processing time

INSURANCENEWSNET MAGAZINE

In this issue...

  • 2026: The industry responds to an aging population
  • Hybrids will lead the way in product trends for 2026
  • Knighthead’s big move — With Ed Massaro
  • Building momentum — with Lonniece McDonald
  • Start 2026 workplace benefits education now
  • Take advantage of the exploding $800B IRA rollover market
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SPECIAL FEATURE

‘Cashing Out’: Film recounts how viatical settlements arose from AIDS crisis

Matt Nadel had to confront a lot of personal and ethical conflicts while making “Cashing Out,” a short film recounting the birth.. Read More

MORE FEATURES

From The Field

Three things winning firms are doing to recruit advisors

The competition for experienced advisors is brutal.

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    Winter Storm Fern signals a new reality for home insurance

    Extreme weather is no longer an occasional disruption.

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      The case for smarter risk management

      After several years of disruption, the insurance market shows signs of stabilization.

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      More From The Field

ADVISOR NEWS

More than half of recent retirees regret how they saved

For millions of Americans who retired in the last five years, the transition from earning a paycheck to living off savings brings an uncomfortable reality check: many wish they did things differently.

  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • Take advantage of the exploding $800B IRA rollover market
  • Study finds more households move investable assets across firms
  • Could workplace benefits help solve America’s long-term care gap?
  • The best way to use a tax refund? Create a holistic plan
More ADVISOR NEWS

NEWSWIRES

DIFS DIRECTOR ANITA FOX SELECTED TO SERVE IN LEADERSHIP ROLES FOR THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS AND THE INTERNATIONAL ASSOCIATION OF INSURANCE SUPERVISORS

Michigan Department of Insurance and Financial Services Director Anita Fox has once again been selected to serve in several key roles at the National Association of Insurance Commissioners and at the International Association of Insurance Supervisors in 2026. These roles will ensure that Michigan has a strong voice in insurance regulation and public…

  • U.S. ECONOMY: THE ROAD AHEAD
  • BROOKLYN BANKER PLEADS GUILTY TO LAUNDERING PROCEEDS OF MEDICARE FRAUD FOR TRANSNATIONAL CRIMINAL ORGANIZATION
  • REP. CHU AND SEN. SCHIFF LEAD CALIFORNIA DELEGATION MEMBERS IN CALLING ON MAJOR INSURANCE COMPANIES TO ENSURE LOS ANGELES FIRE VICTIMS RECEIVE FAIR COMPENSATION
  • ALL BANKING COMMITTEE DEMOCRATS DEMAND CHAIRMAN SCOTT DELAY WARSH NOMINATION HEARING UNTIL SHAM INVESTIGATIONS AGAINST FED BOARD MEMBERS ARE CLOSED
  • WHITEHOUSE REINTRODUCES BILL TO REFORM PRIOR AUTHORIZATION AND DELIVER CARE TO PATIENTS FASTER
More NEWSWIRES

INN Insider

Senior Judge Minora Addresses Permissible Scope of Pre-Complaint Discovery Addressed to an Insurance Company in a Bad Faith Claim

According to the Opinion, this matter arose out of a claim presented by the Minooka Bakery to Erie Insurance for water damage sustained the interior of the property during a windstorm. After Erie denied the claim, the Minooka Bakery was seeking to commence a multi-count lawsuit against Erie, including causes of action for bad faith,…

  • Simon Property Group, Inc. $SPG Shares Sold by Mediolanum International Funds Ltd
  • Machina Capital S.A.S. Purchases 11,422 Shares of Analog Devices, Inc. $ADI
  • The Doctors Company Cardiology Claims: February Malpractice Risk Review–Insights to Reduce Patient Harm and Malpractice Exposure
  • WSJ editors warn Trump’s ‘fishing expedition’ against the Fed will backfire on his nominee
More INN Insider

Annuity News

Photo ilustration showing Ameritas logo and scales of justice. 80k-surrender-charge-at-stake-as-Navy-vet-Ameritas-do-battle-in-court.

$80k surrender charge at stake as Navy vet, Ameritas do battle in court

A retired Navy veteran and his wife are awaiting a court ruling on the fate of $80,000 in surrender charges tied to an equity l... Read More

  • Annuities: A key tool in battling inflation
  • Ameritas: FINRA settlement precludes new lawsuit over annuity sales
  • Suitability standards for life and annuities: Not as uniform as they appear
More Annuity News
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Life Insurance News

Image includes the words, "MIB Life Insurance Activity."

Life insurance application activity hits record growth in 2025, MIB reports

Life insurance application activity closed the year up 22% in December, the MIB Life Index reported, helping 2025 set a record ... Read More

  • Investors holding $130M in PHL benefits slam liquidation, seek to intervene
  • Elevance making difficult decisions amid healthcare minefield
  • Indiana woman refiles National Life lawsuit over IUL that returned 0%
More Life Insurance News

Health/Employee Benefits News

CVS Pharmacy, Inc. Trademark Application for “CVS FLEX BENEFITS” Filed: CVS Pharmacy Inc.

2026 FEB 03-- By a News Reporter-Staff News Editor at Insurance Daily News-- According to news reporting originating from Washi... Read More

Medicaid in Mississippi

Cindy Brown, outreach coordinator for the Mississippi Division of Medicaid, recently visited Picayune to educate the community ... Read More

Policy Expert Offers Suggestions for Curbing US Health Care Costs

According to recent data, health expenditures in the U.S. reached $5.3 trillion in 2024. That figure equates to 18% of GDP, and... Read More

  • Donahue & Horrow LLP Prevails in Federal ERISA Disability Case Published by the Court, Strengthening Protections for Long-Haul COVID Claimants
More Health/Employee Benefits News
inn-insider

Kalshi and Polymarket Launch Free Grocery Giveaways in New York City

TLDR Kalshi gave away $50 in free groceries to over 1,000 people in Manhattan on Tuesday as a marketing campaign Polymarket ann... Read More

Donegal Group Inc. Stock Review: Solid Insurance Value and 7.83 P/E

In the dynamic landscape of the financial sector, Donegal Group Inc. stands as a prominent entity within the insurance industry... Read More

Trump administration bars non-citizens from agency’s small-business loans

The Small Business Administration will now block all non-U.S. citizens or nationals from the agency's primary 7(a) loan program... Read More

  • What Indiana lawmakers plan to do about issue-plagued managed Medicaid and waitlist
More INN Insider News

Property and Casualty News

CASSIDY, KENNEDY, REPUBLICAN COLLEAGUES CALL FOR END TO BIDEN-ERA FLOOD INSURANCE PREMIUMS

The following information was released by Louisiana Senator Bill Cassidy:. U.S. Senator Bill Cassidy, M.D. led the chargewith U... Read More

TUBERVILLE, COLLEAGUES FOLLOW-UP ON CALL TO END BIDEN-ERA FLOOD INSURANCE PREMIUMS

The following information was released by Alabama Senator Tommy Tuberville:. Rather than reducing federal exposure, Risk Rating... Read More

KENNEDY, CASSIDY, COLLEAGUES URGE FEMA TO HALT RISK RATING 2.0, BLOCK FLOOD INSURANCE PREMIUM HIKES

The following information was released by Louisiana Senator John Kennedy:. John Kennedy and Bill Cassidy, along with Sens. Cind... Read More

  • State Farm, Travelers, and Progressive Homeowners Insurance Customers Have Opportunity to Join Schall Law Firm Investigation into Insurers’ Decision to Change Insurance Deductibles and Terms Without Homeowners’ Knowledge
More Property and Casualty News

Insurance & Financial Fraud

Trump Sues JP Morgan For ‘Nice Bank You Got There, Be A Shame If Something Happened To It’

JAMIE DIMON, COME ON DOWN! Trump announced the litigation 10 days ago on Truth Social, insisting that he would never consider a... Read More

"Commercial defamation." Trump sued JP Morgan for its "progressive beliefs" and demanded millions in compensation.

US President Donald Trump has filed a multimillion-dollar lawsuit against Wall Street's largest bank, JP Morgan Chase, and its ... Read More

Wisconsin releases enforcement actions for December

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for December. The acti... Read More

  • From ‘Frankenstein’ plans to annuities: Regulators warn of rising insurance abuse
More Insurance & Financial Fraud

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Press Releases

  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
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