A new LIMRA Secure Retirement Institute (SRI) study finds 8 in 10 private-sector DB plan sponsors (who also offer a defined contribution plan) are at least somewhat interested in a pension risk transfer transaction (PRT). Four in 10 plan sponsors say they are “very” interested in PRT, marking a 12 percentage-point increase from plan sponsors surveyed in 2014.

According to a 2019 study conducted by The Penn Mutual Life Insurance Company, millennials— more so than earlier generations— are placing a greater emphasis on planning lifestyle-oriented details when it comes to starting or expanding their family.

A National Association of Insurance Commissioners’ working group was working through policy overview language when it took up a request by Pacific Life to change “gender” to “sex.” That led regulators to consider how transgender consumers are treated under insurance regulation.

Although 28 percent of employed Americans have voluntary group life insurance through their employer, 59% of workers who say they don’t because their employer doesn’t offer it say they would be likely to purchase it if it was an option. That’s according to a survey conducted online by The Harris Poll on behalf of OneAmerica.

Overall, consumers own about $15 trillion in home equity and another $13 trillion in small-business valuation, Tiburon Strategic Advisors found. Much of that is owned by baby boomers, or near boomers, and they will use that value to pay for their retirement.

The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. The nation’s gross domestic product— the broadest gauge of economic health— grew at a moderate 2% annual rate in the April-June quarter, the Commerce Department reported Thursday.

Total U.S. individual life insurance new annualized premium growth was flat in the second quarter and the first half of 2019, according to LIMRA’s annual sales survey. In the second quarter, the number of policies sold decreased 5%, compared with second quarter 2018. Year-to-date, policy count dropped 4%.

The provision to ACA was sponsored by former Minnesota Sen. Al Franken and requires health insurers must spend most of the premium dollars collected on actual health care or return the money to plan participants. In 2018, insurers across the country paid out nearly $707 million in rebates to nearly 6 million consumers.

Actress and model Brooke Shields, 54, is a near perfect fit for this year’s Life Insurance Awareness Month campaign, said Faisa Stafford, president and chief financial officer of Life Happens. So far, more than 60 million people have seen either Shields’ television or radio ads.

With stocks exhibiting extreme volatility and growth slowing in all the major economies, many individual investors are rebalancing portfolios toward bonds — savvy investors will resist this temptation and stick with stocks.