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Press Release

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Usage-based auto insurance takes center stage as satisfaction flatlines, J.D. Power finds

June 13, 2022

A record high number of serious collisions, skyrocketing used-vehicle prices and surging repair costs have created an unenviable scenario for…

40% of advisory assets will transition in 10 years, Cerulli says

June 13, 2022

June 13, 2022, BOSTON—Within the next 10 years, 37% of financial advisors, collectively controlling $10.4 trillion, or 40% of total industry…

U.S. life insurance activity flat in May

June 7, 2022

U.S. life insurance application activity was flat in May 2022 compared to May 2021, with Year-over-Year results at -1.4% and…

California insurance broker allegedly pocketed auto insurance premiums

June 7, 2022

Formerly licensed insurance broker Robert Minero, 39, of Downey, Calif., was arraigned on five felony counts including insurance fraud and…

Wisconsin Insurance Commissioner Releases May Enforcement Actions

June 6, 2022

The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for April. The actions are…

June 6, 2022

Annuity ownership drives retirement savings confidence, Athene finds

While nearly half of American adults saving for retirement (49%) feel that they are on track to reach their retirement savings goals, annuity ownership can truly differentiate their outlook for the better, according to a recent study from Athene.

Most workers withdrew as much from their FSA as they contributed

June 3, 2022

(Washington, D.C.) — A new Issue Brief published today by the Employee Benefit Research Institute (EBRI) entitled, “Findings From EBRI’s…

Inflation: The good outweighs the bad for life insurers, Moody’s reports

June 2, 2022

Inflation, exacerbated by the military conflict in Ukraine, and countered by Federal Reserve Bank monetary tightening, has been pushing up…

CNO Financial Group introduces Optavise, a new worksite brand

June 2, 2022

CARMEL, Ind., June 2, 2022 /PRNewswire/ — CNO Financial Group (NYSE: CNO) announced today the next step in the transformation…

AmeriLife, American Home Life team up on Medicare Supplement/final expense solution

June 1, 2022

CLEARWATER, Fla. | June 01, 2022 – AmeriLife Group today announced the launch of a ground-breaking, Medicare Supplement/final expense combination solution developed…

In a tight talent market, most employers re-think benefits offerings

June 1, 2022

NEW YORK – June 1, 2022 – Over the past 12 months, two trends – a growing war for talent…

Pandemic spurs greater interest in well-being, Swiss Re survey finds

June 1, 2022

Zurich, 1 June 2022 – Two years into the COVID-19 pandemic, a Swiss Re Institute survey among 11,000 consumers worldwide…

June 1, 2022

Tomorrow’s retirees feel less financially secure than today’s, IRI survey reveals

WASHINGTON, D.C. – A recent survey of retirees and near-retirees demonstrates the comparative financial security today’s retirees enjoy, in contrast…

June 1, 2022
LIMRA sales figures for the second quarter are out.

Fixed annuity sales boom after 1Q interest rate hikes, SRI says

Fixed indexed annuity sales were $16.3 billion, 21% higher than prior year. Fixed-rate deferred annuity sales increased 10% in the first quarter, year-over-year to $16 billion.

Health insurers see earnings growth in 1Q, Moody’s reports

May 31, 2022

Average earnings growth before interest, taxes, depreciation and amortization growth in the first quarter of was 3.7% among seven publicly…

Allianz predicts another above-average hurricane season

May 31, 2022

New York – May 31, 2022: The hurricane season in the Atlantic basin officially starts on June 1. After several…

Palm Springs insurance agent allegedly stole from late art dealer

May 26, 2022

An insurance fraud investigation by the California Department of Insurance led to the arrest yesterday of agent John Ryan, 64,…

P/C insurers experience underwriting losses in 2021, but remain strong

May 26, 2022

JERSEY CITY, N.J., May 26, 2022 (GLOBE NEWSWIRE) — Despite experiencing an underwriting loss, the property/casualty insurance industry ended 2021…

May 25, 2022

Advisors and consumers agree on need for retirement income planning

New research from The American College of Financial Services indicates that independent financial advisors and consumers are aligned on the need for specialized services, especially those focused on retirement income planning.

Nationwide adds new index options to IUL Accumulator II 2020

May 25, 2022

Columbus, OH— To address growing concerns about market volatility, Nationwide has added new index options to one of its indexed…

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