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States Defend Athene Pension Risk Transfer Deal in Lockheed Martin Lawsuit
InsuranceNewsNet.com
Dec. 15, 2025 "Iowa Attorney General Brenna Bird submitted a brief ... in support of Lockheed Martin Corp. in a lawsuit over its choice of Athene Annuity and Life Co. in a pension risk transfer deal. The brief, joined by attorneys general in nine additional states, equates the lawsuit claims as an attack on the efficacy of the state-based insurance regulation system." [Konya v. Lockheed Martin Corp., No. 24-0750 (D. Md. Mar. 28, 2025; on appeal to 4th Cir. No. 25-2061)] MORE >> |
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