A decade in decline: PHL Variable serving as a cautionary tale
January 27, 2026 by John Hilton
[Editor’s Note: The Connecticut Insurance Department answers questions from InsuranceNewsNet about PHL Variable oversight and issues.]
The decade-long downward spiral of PHL Variable Insurance Co. has Connecticut regulators on the verge of liquidation proceedings, seen by some as a black mark on the life insurance industry.
How the insurer moved from seemingly strong health to its present situation might be a bigger mystery.
Originally Posted at InsuranceNewsNet on Jan 22, 2026 by John Hilton.
Categories: Industry Articles
