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responding to an insurer’s recoupment of past payments
Jul 1, 2014 · Once an overpayment demand letter is received or a past payment is recouped, it is vital to quickly investigate and address the carrier's allegations. Carriers' internal appeals processes run on ...
NC appeals court deals another blow to Greg Lindberg's crippled …
Mar 5, 2024 · A North Carolina appeals court partially reversed a lower-court ruling today and affirmed liquidation proceedings against insurers once owned by embattled investor Greg Lindberg.
‘Excess mortality’ continuing surge causes concerns
Oct 26, 2023 · Cause of death data show increased cardiac mortality in all ages. And even as COVID-related causes declined in 2022, others rose, particularly stroke, diabetes, kidney and liver diseases ...
Greg Lindberg ponders appeal as policyholders await June funds …
Mar 8, 2024 · Liquidation to be finalized. The ruling clears the way for liquidation proceedings to continue against the two Bankers Life insurers. "As it stands now, the Order of Liquidation will become ...
NC regulators release $1.2B from former Lindberg insurers in ...
Sep 15, 2023 · Regulators are releasing 25% of funds due to policyholders of Colorado Bankers Life Insurance Co. and Bankers Life Insurance Co. The withdrawal program is already underway, regulators said.
Caught in financial storm, P&C insurers turn to reorg, layoffs
Oct 24, 2023 · The $13.2 billion in underwriting losses was the highest ever – almost three times higher than its 2021 results. (-$4.7 billion). Its operating loss to fell to $8.3 billion for its property ...
National Life Group is a 'progressive mutual,' CEO says, with …
Jun 20, 2024 · National Life Group is one of the oldest mutual insurance companies in the United States, but CEO Mehran Assadi likes to call the insurer, "a progressive mutual."
Jackson National Completes Separation From Prudential plc
Sep 13, 2021 · On June 18, 2020, Jackson entered into an agreement with Athene Holding to fully reinsure $27.6 billion of the company’s in-force book of fixed and fixed index annuity liabilities in exchange ...
Life Insurance News Articles | InsuranceNewsNet
Nov 12, 2024 · 13 hours ago. Manulife Financial Corporation reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results 1. Core ...