Conn. regulators prep PHL Variable for liquidation after selloff fails
January 6, 2026 by John Hilton
Connecticut regulators say a potential sale of troubled PHL Variable Insurance Co. life blocks is no longer feasible, and liquidation is the next step.
Interim Insurance Commissioner Josh Hershman announced the stunning change in strategy in the latest rehabilitation report released Dec. 31.
Originally Posted at InsuranceNewsNet on Jan 5, 2026 by John Hilton.
Categories: Industry Articles
