A group of six states reached a $40 million “landmark” settlement today (April 23) with nine MetLife insurance companies that might return about $600 million to consumers nationwide.

The largest specialty insurance brokerage in the U.S. acquired a New York-based 401(k) investment and advisory firm, seeking to expand its presence in the Northeast.

A former MetLife insurance agent in New Hampshire is facing administrative actions in the state after two state agencies say he exploited an elderly client.

The Independent Insurance Agents & Brokers of America (Big I) recently recognized 18 independent insurance agent associations with Excellence in Insurance Education Awards at its education convocation in Minneapolis, Minn.

Two firms have announced separate investigations into possible claims of wrongdoing against officers and directors of a specialty finance company that proves premium financing of insurers’ individual life insurance policies.

The U.S. Department of Health and Human Services (HHS) granted a second round of awards totaling $109 million to 28 states and Washington, D.C., to further implement federal health reform.

An independent insurance agency owner with an office in New York is among the new leadership installed to lead the Independent Insurance Agents & Brokers of America (Big I).

Denver-based registered investment advisor Curian Capital has added new sales staff in eight new territories, including South Jersey, Northwest North Carolina and Washington, D.C.

Insurance regulators in New York have signed off on Virginia Farm Bureau Mutual Insurance Co.’s acquisition of Countryway Insurance Co., a property-casualty insurance company based in Syracuse, N.Y.

California’s state controller says a multi-state settlement with John Hancock over its handling of state unclaimed property laws with its life insurance and annuity policies “will not be the last” for life insurers.