A strong economy and falling inflation sparked demand for life insurance in mid-2023, and that showed up in LIMRA’s third-quarter individual life premium surveys and estimates.
With a majority of carriers reporting higher results in the third quarter, total individual life insurance new annualized premium increased 5% to $3.7 billion year-over-year, according to the preliminary results from LIMRAās U.S. Retail Individual Life Insurance Sales surveys and estimates.
The Centers for Medicare & Medicaid Services announced that average premiums, benefits, and plan choices for Medicare Advantage and the Medicare Part D prescription drug program will remain stable in 2024.
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for April. The actions are…
While two-thirds of Americans report their lives have largely returned to normal following the COVID-19 pandemic, the 2023 Insurance Barometer Study shows a record-high proportion of consumers (39%) who say they intend to purchase life insurance coverage within the next year.
Charlotte Sheppard of Richfield, Idaho was convicted of two felony counts of insurance fraud, for stealing clientsā insurance premium to…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for March. The actions are…
AmeriLife Group, a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today…
Guardian Life and EVERFI from Blackbaud announce the April 6 launch of āMinding Your Money: Skills for Life,ā a first-of-its-kind financial wellness curriculum that addresses the intersections of personal finances, relationships, and health and that helps young people learn lasting financial habits before they enter adulthood.
Account balances for consistent 401(k) plan participants rose from year-end 2016 through year-end 2020, according to a new study from the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) titled āWhat Does Consistent Participation in 401(k) Plans Generate? Changes in 401(k) Plan Account Balances, 2016ā2020.ā
Transamerica today unveiled predictions from workplace benefit professionals on a wide range of employee benefits issues looking toward 2026. Transamerica…
Chubb Limited today announced new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions, a byproduct of oil and gas production that are among the most severe greenhouse gases.
The four largest personal lines property and casualty insurers lowered their advertising spend in 2022, in part to offset the rising costs associated with elevated claims, S&P Global Market Intelligence reported.
Modern Lifeās technology and brokerage platform will provide access to life insurance products from Symetra.
MetLifeās 21st annual U.S. Employee Benefit Trends Study reveals ācareā is a key driver of life and job satisfaction ā and not prioritizing it is causing major issues in the workplace
Nationwide and Fidelity Investments are launching a new product for those seeking stability in volatile markets while providing Nationwide access to Fidelityās network of financial professionals, available through theĀ Fidelity Insurance Network.Ā
The 2023 campaign, āIt’s gotta be a CFPĀ®,ā will feature national broadcast and cable network television ads and includes a mix of advertising in various media channels, including streaming TV, streaming audio and digital venues.
A Texas public insurance adjuster accused of stealing more than $268,000 in insurance claims from multiple victims has been indicted…
It is DBRS Morningstar’s view that the two significant bank failures to date, Silicon Valley Bank (SVB) and Signature Bank remain idiosyncratic and not representative of the overall U.S. banking sector.
Broker/dealer revenues continue to face headwinds as advisors escalate their preferences for passive products, avoiding the revenue-sharing payments that asset managers have depended on for so long.
