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Press Release

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December 1, 2022

Affordability a top trend to watch in health for 2023

A heightened focus on affordability is among the seven health and well-being Trends to Watch in 2023, Business Group on Health announced

Wolters Kluwer identifies top compliance challenges for U.S. insurers

November 29, 2022

 The U.S. insurance industry’s top market conduct compliance challenges continue to relate to various claims handling requirements, including timeliness, required disclosures, along with payments and grievance and appeal processes—as well as underwriting, rating, marketing and producer requirements.

Boston Mutual offers Individual Solutions Program

November 29, 2022

This new program was created to provide accessible whole life and accident insurance options to underserved markets across Massachusetts.

Nearly half expect to be caregivers, but few plan for their own care

November 22, 2022

Nearly half of Americans surveyed (47%) are adult caregivers, or expect to take on a caregiving role in the next three years — but only 16% of Americans say
they are very familiar with the features and benefits of solutions that can help cover the cost of long-term care, according to new research from Lincoln Financial Group.

National Council of Insurance Legislators adopts bipartisan paid family leave model law

November 21, 2022

The “Paid Family Leave Insurance Model Act” makes family leave plans a type of insurance that employers can voluntarily purchase for their employees

Corebridge Financial introduces Dimensional US Foundations Index

November 17, 2022

Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities, Corebridge’s family of fixed index annuities.

Market hardening and higher interest rates: the silver lining for insurers

November 17, 2022

Looking forward, Swiss Re Institute expects the insurance industry to return to premium growth of 2.1% annually on average in real terms in 2023 and 2024, supported by a combination of easing inflation, market hardening in property and casualty lines, as well as stronger life insurance demand.

No Surprises Act protects 9M Americans from surprise medical bills, study says

November 17, 2022

For millions of Americans, the No Surprises Act protects them from surprise medical bills they did not expect, at prices they could not afford.

TransUnion report identifies Hurricane Ian’s effect on auto and property insurance markets

November 16, 2022

TransUnion’s Personal Lines Insurance Trends and Perspectives Report found auto insurance shopping rates ended down 2% compared to Q2 2022 and down 1% compared to Q3 2021.

November 16, 2022

Bank channel drives record 3Q annuity sales, LIMRA reports

Overall annuity sales were $80.7 billion in the third quarter, a 29% increase from prior year results, according to LIMRA’s U.S. Individual Annuity Sales Survey. This represents the highest quarterly annuity sales results ever.

Amid the war for talent, don’t forget the retirement plan

November 16, 2022

Voya Financial is releasing new findings from a consumer research survey revealing that, while the broad scope of workplace benefits and savings offerings for employees continues to evolve, the employer-sponsored retirement plan remains a critical component to attracting and retaining talent.

Assured Allies launches NeverStop for the 55+ market

November 16, 2022

Participants can enroll in NeverStop as early as age 55 and can be rewarded with additional insurance coverage based on level of participation.

DPL partners with Corebridge Financial for commission-free annuities

November 16, 2022

DPL is collaborating with Corebridge as the annuity provider expands its outreach to the registered investment advisor community.

NAIFA members meet with Congress

November 15, 2022

Attendees from across the country are participating in more than 150 in-person meetings with members of Congress and their staff.

Survey finds few Americans have achieved their retirement planning goals

November 15, 2022

Only 40% of Americans have “very much” or “somewhat” been able to achieve the retirement planning goals they have set for themselves, according to a new Retirement Readiness Survey by Thrivent.

Once-in-century climate events now happen yearly, risk report says

November 15, 2022

The report reveals that natural disasters that were previously referred to as “once in a century” events are now occurring yearly as a result of climate change and its global impact.

Integrity Marketing Group to acquire The Milner Agency

November 15, 2022

Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire The Milner Agency, a brokerage general agency  located in Athens, Georgia.

GCG Financial rebrands to Alera Group

November 14, 2022

GCG Financial, a full-service financial services firm, announced that it is changing its corporate branding to Alera Group.

An insured American’s lifetime health care expenses may top $700K

November 14, 2022

An insured American with an employer-sponsored health insurance plan can expect to spend more than $320,000 (including insurance premiums and out-of-pocket costs) during his/her adult lifetime, according to new consumer research from Synchrony.

November 11, 2022

Medicare beneficiaries have more Medicare Advantage and Part D plans available for 2023

For 2023, the typical beneficiary has a choice of 43 Medicare Advantage plans as an alternative to traditional Medicare, a new KFF analysis finds. That’s an increase of 5 plans on average from 2022, adding even more choices to the Medicare Advantage marketplace.

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