Insurance

The world’s largest asset managers are speaking out against a Trump administration plan that would make it more difficult for them to incorporate environmental, social and governance (ESG) factors when making investment decisions, a move …

Athene USA, based in West Des Moines, was the No. 1 national seller of indexed annuities in the second quarter, unseating Allianz Life, which had held the leading sales position for more than a decade, …

The Securities and Exchange Commission on Wednesday expanded the pool of sophisticated investors who can purchase unregistered securities, a move that drew criticism from the two Democratic SEC members and investor advocates, Investment News reported. Under the …

The National Association of Insurance Commissioners announced it has unanimously adopted guiding principles on artificial intelligence that emphasize the importance of accountability, compliance, transparency, and safe, secure and robust outputs. These principles were established to inform and …

Des Moines-based EMC Insurance Cos. has received more than 400 claims in the past week related to the devastating derecho storm that ripped through Iowa on Aug. 10. EMC adjusters began inspections immediately following the …

Insurers’ interpretation of what constitutes a “direct physical loss” is prevailing in lawsuits being decided around the country, Business Insurance magazine reported (free registration required). On Thursday the latest business interruption suit on behalf of restaurants was …

American Equity Investment Life Holding Co. reported a net loss of $253.4 million, or $(2.76) per common share, compared to net income available to common stockholders of $18.6 million, or $0.20 per diluted common share, for second …