This report compiled by InsuranceNewsNet staff.
Total 2024 annuity sales were up 12% over 2023 and nearly 40% over 2022, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
Texas Attorney General Ken Paxton claims that Allstate is unlawfully collecting, using and selling data from consumers.
Salt Financial Annuity Index Report for Dec., which also serves as the full-year report for 2024.
A bitter fight between social media personalities in a fractured business partnership resulted in dueling holiday lawsuits between Gary Brecka and Grant Cardone.
Managing General Agents (MGAs) are increasingly turning to technology to stay competitive and drive innovation in the insurance industry.
UnitedHealthcare CEO Brian Thompson was shot and killed in midtown Manhattan on Wednesday morning, according to media reports.
Despite negative publicity, indexed life and annuity sales are doing quite well with consumers.
While premiums remain high, home insurance industry trends suggest a possible slowdown in growth, though challenges persist.
Marc Rowan, billionaire co-founder and CEO of Apollo Global Management, Inc., has reportedly emerged as a key candidate for treasury secretary.
Total new annualized premium jumped 8% to $3.9 billion in the third quarter 2024, according to preliminary results from LIMRA’s retail individual life insurance sales survey.
There were 535 announced insurance agency mergers and acquisitions through three quarters of 2024, down 10% from 594 in the same period in 2023.
Massachusetts Mutual Life Insurance Co. will deliver a 2025 dividend of more than $2.5 billion, the largest in company history.
Strong economic conditions and a growing awareness of the power of guaranteed income continued to drive record-setting annuity sales through the third quarter, LIMRA reported.
Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index.
Insurance carrier CEOs are more energized about AI and M&As than their counterparts in other industries, a recent KPMG survey finds.
Term life insurance recorded its sixth consecutive quarter of growth during Q2 in both premium and policy sales, according to LIMRA’s U.S. Life Insurance Sales Survey.
Second-quarter universal life sales increased by double digits compared to the previous quarter, Wink, Inc. reported.
Sales for all annuities climbed nearly 4% compared to the previous quarter, according to Wink’s Sales & Market Report.
New life insurance premium declined 1% during the first half, and the total number of policies sold was level with 2023, LIMRA reports.
An increasing number of Americans say they are willing to share their wellness data in return for saving money on insurance.
