Assuming a 20% infection rate among the study population, the report estimates that more than 50 million Americans will become infected, with at least 5.5 million requiring hospitalization – of which 1.3 million will require intensive care.
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In the midst of the COVID-19 pandemic, more than half (57%) of Americans are very or extremely concerned about the economy, LIMRA research found.
Leaders of four insurance industry organizations have sent letters to every state insurance licensing authority requesting temporary licensing accommodations for producers who…
The outlook for the US life insurance sector has been changed to negative from stable, owing to the unprecedented economic…
New York, April 1, 2020 – Marsh, the world’s leading insurance broker and risk adviser, today announced that Marsh &…
Market crash and recession fears increased significantly from the end of 2019 when worries were at their lowest levels in over a year and half. Now, nearly two-thirds of Americans (63%) express concerns about a recession (compared with 43% in Q4 2019).
GUNTERSVILLE, Ala., March 24, 2020 /PRNewswire/ — The Upton Group, LLC a leading national insurance agency specializing in food delivery insurance…
Aflac Incorporated announced today that its insurance subsidiaries American Family Life Assurance Company of Columbus (Aflac of Columbus) and American…
The Department of Financial Services (DFS) today announced it has issued guidance to insurers that they should suspend pre-authorization and…
The Centers for Medicare & Medicaid Services (CMS) announced that all elective surgeries, non-essential medical, surgical, and dental procedures be…
Today, the Centers for Medicare & Medicaid Services (CMS) issued Frequently Asked Questions (FAQs) to clarify coverage for the diagnosis…
As millions of Americans shelter in place, work from home, or face business closures and layoffs, the number of cars on the road has fallen precipitously and, as a result, the number of daily car accidents will diminish dramatically, consumer groups say.
The new partnership will answer several industry challenges including raising the level of financial literacy in American households, as well as raising awareness of career options in financial services.
WASHINGTON — The Internal Revenue Service advised that high-deductible health plans can pay for COVID-19-related testing and treatment, without jeopardizing…
Nearly half of all Americans say they are worried about meeting healthcare costs incurred because of the expanding new coronavirus outbreak, a new survey has found. “I think some of the fear consumers expressed is because they don't know what's covered and they have high deductibles,” Jeff Smedsrud, co-founder of Healthcare.com, told UPI. The questionnaires…
NEW YORK – March 10, 2020 – Seven in ten Americans (70 percent) say life insurance will protect their ability…
The chairwoman of Wells Fargo & Co., Betsy Duke, is the latest top bank official to step down in connection with the fraudulent customer-account scandal that surfaced publicly.
The National Association of Insurance Commissioners will be holding a full-day special session of the nations’ chief state insurance officials on March 22, 2020, to discuss state response and coordination around COVID-19.
Americans see employers as having a dual role to play in addressing risks associated with the virus, both in protecting their health and well-being and as trusted providers of information about the disease and resources to help manage its impact.
As the debate over surprise medical bills intensifies, Action for Health announced today its formation. The organization will be addressing new legislative proposals in Congress to solve surprise medical bills that are attempting to fix the price for a doctor’ s treatment. Unfortunately, some lawmakers in Washington want to solve this issue by setting…
Net written premium for the three months ended December 31, 2019 was $9.751 billion, an increase of $345 million or 3.7% over the same period in 2018. Pre-tax operating loss before partnerships, limited liability companies and other equity method income for the three months ended December 31, 2019 was $417 million versus pre-tax operating income before…
The Council of Insurance Agents and Brokers issued the following news release:. The market continued to harden in Q4 2019, according to The Council of Insurance Agents& Brokers' quarterly Commercial Property/Casualty Market Survey. “Q4 was a difficult quarter for insurers, brokers and clients alike,” said Ken A. Crerar, President/CEO of The Council.
Ernst and Young, an assurance, tax, transaction and advisory service, issued the following news release on Feb. 25:. The rise of the multigenerational workforce brings significant opportunities for organizations and employees alike, especially when it comes to benefits offerings. To better understand the sentiments of today's workforce around workplace…
NEW YORK, N.Y. – New research from The Guardian Life Insurance Company of America® (Guardian Life) found that 46% of…
WEST DES MOINES, Iowa, Feb. 21, 2020 (GLOBE NEWSWIRE) — WEST DES MOINES, IA, Feb. 21, 2020 – North American…
MINNEAPOLIS – February 21, 2020 – Allianz Life Insurance Company of North America (Allianz Life®) today announced its 2019 financial…
WEST DES MOINES, Iowa, Feb. 20, 2020 (GLOBE NEWSWIRE) — Midland National® Life Insurance Company, one of America’s preeminent life insurance…
More than one-third of millennial (39%) and more than half of Generation X (52%) investors do not work with an advisor, according to the latest Advisor Authority Special Report from Nationwide Advisory Solutions.
With the average life expectancy reaching nearly 79 years old, 1 Americans are living longer than previous generations. While confident they can manage financially if separated or widowed later in life, many Americans age 40 and older don’ t have a corresponding financial plan in place, according to a new survey conducted by The Harris Poll on behalf of TD…
WASHINGTON, D.C. – After announcing their intent to create a new organization in July 2019, AALU and GAMA International today…
Clearwater, Fla. – February 12, 2020 ‒ AmeriLife Group, LLC (“AmeriLife”), the national leader in marketing and distributing life, health…
Voya Financial, Inc. (NYSE: VOYA), announced today that its Employee Benefits business has expanded its suite of supplemental insurance products…
SANTA CLARA, Calif., Feb. 10, 2020 — According to a survey of Medicare Advantage enrollees released today by eHealth, Inc. (NASDAQ:…
COLUMBUS, Ohio – It’s not uncommon for American drivers to witness close calls, erratic driving and even deadly crashes caused…
BURLINGTON, Mass. – February 11, 2020 – DirectPath, the company that guides employees to make better health care decisions, today…
The Federal Reserve Bank of New York issued the following news release:. The Federal Reserve Bank of New York's Center for Microeconomic Data released the January 2020 Survey of Consumer Expectations, which shows no change in the short- and medium-term inflation expectations. The average expectation of an increase in U.S. stock prices continued on its upward…
Brighthouse Financial, Inc. announced today that it has entered the independent marketing organization distribution channel with Brighthouse SecureAdvantage SM 6- Year Fixed Index Annuity. SecureAdvantage 6- Year represents the latest collaboration between Brighthouse Financial and Market Synergy Group, a network of IMOs recognized for working…
Securian Financial has launched an easy-to-understand indexed universal life insurance product without the complications of multipliers and additional fees. “Eclipse Accumulator focuses on accumulation, not complexity,” said Ben Roth, Securian Financial vice president for retail product distribution. New protection-focused product Coinciding with…
Athene USA, a leading provider of retirement savings products, has added the Nasdaq FC Index, sponsored by Bank of America, and the AI Powered US Equity Index, sponsored by HSBC, to its suite of fixed indexed annuities. The annuities are issued by Athene Annuity and Life Company, a subsidiary of Athene. “By bringing these two innovative index options to our fixed…
Connecticut legislators from the districts heavily affected by crumbling foundations are pushing a legislative agenda that will further assist homeowners struggling with the problem. Saud Anwar, D- South Windsor, said. Tom Delnicki, R- South Windsor, and Pat Wilson Pheanious, D- Tolland, said the four legislators are working on various bills they want to see…
TD Bank, a financial services company, issued the following news release on Jan. 23:. The death of retail has been greatly exaggerated as evidenced by TD Bank's Retail Experience Index- a biannual survey that tracks consumers' purchasing habits, focusing on big-ticket items of $500 or more. “Retailers should take notice, as millennial purchasing habits are driving…
Philadelphia, PA, U.S. 21 January 2020: Protecdiv, the first tier-one minority-led insurance and reinsurance broker in the U.S., has launched….
A 2018 study by Transamerica Center for Retirement Studies found 73% wish they'd put aside more money on a consistent basis, and half felt they waited too long to get serious about retirement saving. Hoping to learn from others' mistakes, I asked advisers with the Financial Planning Association and the Alliance of Comprehensive Planners to share their clients'…
The good news is that the experts were unanimous in their assessment that the U.S. economy would not slip into a recession this year. The bad news is that the experts were unanimous in their assessment that the U.S. economy would not slip into a recession this year.
The number of Americans who have some form of long-term care insurance now totals 7.5 million according to new data from the American Association for Long-Term Care Insurance.
New research offers the strongest cue yet for battling political parties to call a truce and cooperate with one another. Kiplinger Personal Finance now reveals that typical Americans now consider “political deadlock” to be the greatest threat to the U.S economy.
NEW YORK–(January 14, 2020)–Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE:EQH), today announced it is rebranding…
In the United States, providing patient care costs every American man, woman and child an average of $2,497 per year. Across the border in Canada, where a single-payer system has been in place since 1962, the cost of administering health care is $551 per person.
