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February 2026

Kyle Busch’s Crash Course in IUL

By Kerry Pechter

An indexed universal life policy demands about as little maintenance as an eight-cylinder, 750-horsepower, 200-mph NASCAR stock car. And in the hands of an unskilled, or untrustworthy driver, or pit crew, such a policy can crash and burn.  

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Insurance Professionals Comment on Kyle Busch Case

Perspectives on the Kyle and Samantha Busch v. Pacific Life IUL lawsuit from Sheryl Moore, Bobby Samuelson, David Macchia, Larry Rybka, Peter Gould, Antoine Orr, Barry Flagg, and Tom Love.

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How the ‘Harkin Amendment’ Enabled the ‘Bermuda Triangle’

By Kerry Pechter

My bias regarding the Bermuda Triangle' was confirmed when I read “The Law of Capitalism” (Yale, 2025) and “The Code of Capital” (Princeton, 2019) by Columbia law professor Katharina Pistor. Assets are legal constructs, her books explain.

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Private Credit News

Dimon’s ‘cockroach’ comment sparks minor run on private credit firms; Global watchdogs scrutinize private credit ratings; Eldridge and Carlyle AlpInvest credit fund gets ~$1.5 billion.

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Pacific Life’s Motion to Dismiss the Busch’s Suit: Excerpts

Pacific Life's motion to dismiss the Busches' complaint against it was filed January 22, 2026 in U.S. District Court, Western District of North Carolina, by the law firms of Carlton Fields in Washington, D.C. and Parker Poe Adams & Bernstein in Raleigh, NC.

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When Private Equity Owns Both Sides of Your Transaction

By Peter Dziedzic

'We’re not just watching private equity invest in carriers. We’re watching capital buy carriers, distribution, advisor platforms, and the technology layer, all at the same time,' warns the president and general counsel of the Life Insurance Strategies Group.

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Bulletin Board

Sale of PHL Variable blocks ‘no longer feasible’; Delaware Life FIA now offers a Bitcoin crediting method; Corebridge FIA also includes 'modest' exposure to Bitcoin; Ratings of insurers involved in 777 controversy are downgraded.

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