Aquarian/Brighthouse: Filing Says Buyer Seeks to Wipe $2.7 Billion of Losses Off Brighthouse Life's Books and Create Possible Asset-Management Role for Mubadala Capital; State Regulator Opened Examination of Insurer library.thecapitolforum.com/… h/t @LisaEpst $BHF $BNT $EQH $GL $PRU

Aquarian/Brighthouse: $2.8 Billion Reinsurance Discrepancy Involves New York Affiliate, Could Complicate Merger Review in That State; Massachusetts Regulator Still Waiting for Final Merger Application as December 6 Deadline Looms library.thecapitolforum.com/… h/t @kimgeiger & @LisaEpst $BHF $BNT $EQH $GL $PRU

Life & Annuity Industry: Regulators Seek Visibility into Potential Solvency Risks Posed by Funding Agreement-Backed Notes library.thecapitolforum.com/… h/t @kimgeiger & @LisaEpst $BNT $EQH $GL $MET $PRU

Corebridge Financial/Equitable Holdings: Merger of Equals Could Attract Close Insurance Regulator Scrutiny library.thecapitolforum.com/… h/t @LisaEpst & @kimgeiger $BNT $CRBG $EQH $GL $KKR $PRU $RGA

KKR/Global Atlantic: Reinsurance Business Draws Mutuals, Traditional Life Insurers into Private Equity's 'Insurance as Asset Class' Model library.thecapitolforum.com/… h/t @LisaEpst & @kimgeiger $BNT $EQH $GL $KKR $PRU

A-CAP: South Carolina Regulator Petitions to Seize Life Insurer and Its Reinsurer Nearly Two Years After a Failed Attempt to Stop the Companies from Writing New Business library.thecapitolforum.com/… h/t @kimgeiger & @LisaEpst $BNT $EQH $GL $PRU

Aquarian/Brighthouse: Subsidiary Relies on Controversial Tactic to Mask Financial Situation, Relieving Balance Sheet of $539 Million in Liabilities library.thecapitolforum.com/… h/t @LisaEpst, @kimgeiger, & @TeddyDowney $BHF $BNT $EQH $GL $PRU

KKR and Kuvare: KKR and Kuvare Life Insurers File Conflicting Sworn Accounts of the Same Reinsurance Deal, $542 Million Apart on the Money Set Aside for Policyholders library.thecapitolforum.com/… h/t @kimgeiger & @LisaEpst $BNT $EQH $GL $KKR $MFC $PRU

Super. com: Cash Advance Feature Could Expose Company to Scrutiny, Raise Consumer Protection Concerns, Experts Say library.thecapitolforum.com/… h/t @brockhrehor

KKR: KKR Life Insurer Would Have Been Taken Over by Iowa Regulators Years Ago but for a Long-Standing Accounting Maneuver Propping It Up library.thecapitolforum.com/… h/t @LisaEpst & @kimgeiger $APO $BHF $BNT $EQH $GL $KKR $LNC $PRU

Aquarian/Brighthouse: Spotlight Shines on Accounting Maneuvers at Delaware-Regulated Brighthouse Reinsurer library.thecapitolforum.com/… h/t @LisaEpst $BHF $BNT $EQH $GL $PRU

Despite Strong U.S. Public Support for Banning Kids from Social Media, Big Tech is Fighting Back, Raising Issues About Age Verification and Privacy library.thecapitolforum.com/… $GOOG $GOOGL $GTM $META $SNAP $ZETA

Life and Annuity Industry: KKR- and Apollo-Backed Insurers, Heavily Invested in Private Credit, Have Little Cushion to Stave off Regulatory Action if Investments Take Write-Downs library.thecapitolforum.com/… h/t @kimgeiger & @LisaEpst $APO $ARES $BNT $EQH $GL $MET $PRU

Stride Learning, Inc: Ongoing Problems in Texas Raise Doubts About Company's Ability to Respond to School Performance Concerns to Maintain Contracts library.thecapitolforum.com/… h/t @kimgeiger & @LisaEpst $LRN

Acadia Healthcare: CMS Issues Immediate Jeopardy Citation to Youth Hospital Under Ongoing Federal Investigation and Facing Multiple Sexual Assault Lawsuits; Investigators Find 20 Girls Locked in Rooms for Several Days for No Reason and Abusive Staff Repeatedly Put Back on Floor with Patients library.thecapitolforum.com/… $ACHC

DOJ in Settlement Talks with Egg Producers Over Price-Coordination Concerns library.thecapitolforum.com/… h/t @KristaKBrown $CALM

Join us tomorrow, June 11, at 1:00 p.m. ET for a conference call with J. Wyatt Fore, Partner at Shinder Cantor Lerner, to discuss his recent article, “Don’t Look Down: Antitrust at the Edge.” RSVP: thecapitolforum.com/events/?…