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Press Release

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With recession approaching, seniors must leverage options

September 28, 2022

A recession will have a disproportionately negative impact on seniors, according to executives at PolicyAppraisal.com, a consulting firm that appraises life insurance policies for the financial advisors of senior clients who are considering sale into the secondary market.

Global average annual insured losses from extreme events in excess of $120B

September 28, 2022

Verisk estimates that on an annual average basis, catastrophes around the world are expected to cause about $123 billion in insured losses compared to an average of $74 billion in actual losses over the past 10 years.

September 28, 2022

Americans look for retirement income protection in the face of recession

WASHINGTON, September 28, 2022 – As the drumbeat of a potential recession grows louder and Americans continue to face the…

Claudia Cypher Kane named FPA 2023 president-elect

September 28, 2022

Kane’s term will begin Jan. 1, 2023, succeeding incoming 2023 FPA President James Lee

Cyberattack costs more than business owners realize

September 22, 2022

COLUMBUS, OH – Small businesses are more likely to be the target of a cyberattack than larger companies, but a…

Nationwide, Ohio State team up for AgTech Innovation Hub

September 20, 2022

Columbus, OH – According to a recent report by the U.S. Environmental Protection Agency, climate change could make it more difficult to grow…

2/3 of homeowners suffer damage to outdoor products every year

September 20, 2022

SAN FRANCISCO – September 20, 2022 – As the summer season draws to a close, millions of Americans are taking…

John Hancock is first life insurer to offer early cancer detection test

September 20, 2022

BOSTON (September 20, 2022) – Today, John Hancock, the U.S. division of Toronto-based Manulife, announced it is offering access to…

Consumers see insurers as trusted providers for physical, financial wellness advice

September 20, 2022

Paris, September 20, 2022 – Capgemini and Qorus’ inaugural World Life and Health Insurance Report, published today, reveals that customers consider insurers among the…

Wisconsin releases new study analyzing state’s health insurance marketplace

September 20, 2022

Wisconsin’s Office of the Commissioner of Insurance (OCI) has released a report evaluating enrollment in the Affordable Care Act Marketplace,…

Life insurance associations propose producer licensing reforms

September 19, 2022

WASHINGTON – Associations representing life insurance companies and producers have proposed reforms to the producer licensing process that will remove…

Big ‘I’ president and CEO to retire in 2023

September 19, 2022

ALEXANDRIA, VA, September 19, 2022—The Independent Insurance Agents & Brokers of America (the Big “I”) announced today that Bob Rusbuldt,…

Maryland approves 2023 ACA rate increases averaging 6.6%

September 19, 2022

Maryland State Insurance Commissioner Kathleen A. Birrane announced the premium rates approved by the Maryland Insurance Administration (MIA) for individual…

Percentage of Americans with past-due medical bills remained unchanged 2015-2021

September 15, 2022

(Washington, D.C.) – A new Issue Brief published today by the Employee Benefit Research Institute (EBRI) entitled, “Bitter Pill: A…

September 15, 2022

Lincoln Financial wants consumers to understand life insurance’s living benefits

New research from Lincoln Financial Group finds U.S. consumers surveyed are looking to better understand how to weather the current economic climate, yet few are taking action.

September 15, 2022

Majority of Hispanic Americans lack life insurance

A new report, “Hispanic Americans: Life Insurance Ownership and Attitudes,” shows that while 6 in 10 Hispanic Americans do not have life insurance, more than half (51%) say they have a need.

12 health insurers approved for Washington state market, 8.8% average increase

September 15, 2022

Twelve health insurers are approved to sell plans in Washington’s 2023 Exchange health insurance market. The average rate increase is…

Northwestern Mutual launches Long-Term Advantage

September 14, 2022

MILWAUKEE, Sept. 13, 2022 /PRNewswire/ — Northwestern Mutual announced today the launch of Long-Term Advantage, a new offering designed to help people…

Peggy Tsai becomes first MDRT president from Asia

September 14, 2022

PARK RIDGE, Ill. (Sept. 6, 2022) — The 2023 MDRT Executive Committee takes on a global post-pandemic mission, as Peggy…

EBRI finds higher spending on mental health disorders from 2013 to 2020

September 13, 2022

(Washington, D.C.) – Results of a new comprehensive research study published today by the Employee Benefit Research Institute found that…

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