A group of life insurers sold their shares in a United Kingdom-based financial services technology firm to an American technology firm, introducing its business to the UK, Europe and Asia.

A federal jury in Richmond, Va., found the president of a Costa Rican company that sold reinsurance bonds to life settlement companies guilty of carrying out a $500 million fraud scheme that affected more than 2,000 victims throughout the United States and abroad.

A Costa Rican insurance company pleaded guilty April 20 in federal court in Richmond, Va., to a $670 million insurance fraud scheme, while its majority owner’s trial began this week.

A New York, N.Y.-based international underwriter combined three of its business units into one platform for a “stronger” nationwide professional lines presence.

A Puerto Rican group denounced State Farm Insurance for using former Indiana Hoosier basketball coach Bobby Knight in its TV advertisements appearing during NCAA March Madness men’s college basketball tournament games.

The number of certified financial planners in the world could double in the next five years, according to the board chairman-elect of the Financial Planning Standards Board.

Liberty Life Insurance Co., which has a significant presence in Wilmington, Del., changed its name to Athene Annuity & Life Assurance Co., effective Feb. 1.

California’s insurance commissioner announced the end to a pair of civil suits, filed over his agency’s efforts to force insurance companies to stop investing in corporations working in Iran.

A report expected from the Federal Insurance Office later this month, addressing how to modernize and improve insurance regulation, could significantly affect the insurance industry, according to an industry regulatory expert.

Insurers will struggle to find growth and profits because of ongoing challenges caused by the global economy, according to a new forecast.