This report compiled by InsuranceNewsNet staff.
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.
A House committee today approved a budget rider that would prevent the Department of Labor from spending any funds to implement its fiduciary rule.
Whole life sales hit $1 billion for the quarter, down 12.8% compared with the previous quarter, Wink reported.
American International Group (AIG) has completed the long-anticipated separation of Corebridge Financial, its former life and retirement unit.
Annexus is combining its indices with John Hancock’s longstanding life insurance expertise to bring a retooled indexed universal life product to market.
As the youngest baby boomers begin to reach the age of 65, new research sheds light on the changing retirement landscape.
During the pandemic, mortality rates rose. When the pandemic wound down, mortality rates didn’t return to pre-pandemic levels. Why? We discussed this with a group of experts studying this “excess mortality.”
Annuity sellers had another very strong quarter in Q1, with $113.5 billion in sales, 21% higher than the first quarter 2023.
The Oregon Division of Financial Regulation fined State Farm $200,000 for failing to send notices over the past six years…
For the third consecutive year, total life insurance new annualized premium set a new sales record, rising 1% to $15.7 billion, according to LIMRA’s U.S. Life Insurance Sales Survey.
Life insurance sales closed 2023 with a very strong fourth quarter, according to Wink’s Sales & Market Report.
Life insurance new premium rose to even higher in 2023, LIMRA reported today, setting a record for the third straight year.
Life insurance sales were down across major product categories in the third quarter, Wink, Inc. reported in its quarterly Sales and Market Report.
For the second consecutive quarter, registered indexed-linked annuity products set a new record with $12.6 billion in sales.
Total third quarter sales for all deferred annuities were $78.6. billion, Wink, Inc. reported, up 8.5% when compared to the same period last year.
ProPublica investigates the difficulties in appealing insurance claims, which have produced a difficult process.
Second-quarter indexed life sales hit $812.6 million, up 27.8% from Q1 and up 18.5% compared to the same period last year.
Strong sales of fixed-indexed and income annuities helped overall annuity sales hit $181.1 billion in the first half of 2023, far surpassing the old record.
The Securities and Exchange Commission last week fined Titan Global Capital Management, a New York-based fintech advisor, for misleading marketing under a newly amended rule.
