by Carrie Haubensak | Oct 14, 2021 | Accident, Life Insurance, news
Cigna will divest its life, accident and supplemental benefits business in seven countries to insurance company Chubb in a deal valued at $5.75 billion, the insurer announced late Thursday. Those business lines operate in Hong Kong, Indonesia, Korea, New Zealand,... read more
by Carrie Haubensak | Oct 14, 2021 | Insurance Industry, news
Senior Market Advisors (SMA), one of the fastest growing field marketing organizations (FMO) in the insurance space and an affiliate of AmeriLife Group, LLC (“AmeriLife”), announced that it has completed its acquisition of Open Access Insurance (OAI), a national... read more
by Carrie Haubensak | Oct 14, 2021 | Medicare Advantage, news
CMS released its 2022 rankings designed to help beneficiaries compare Medicare Advantage and Medicare Part D prescription drug plans ahead of Medicare open enrollment, which begins Friday and runs through Dec. 7. The agency ranks plans on a scale of one to five stars... read more
by Carrie Haubensak | Oct 14, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), one of the largest independent distributors of life, health and wealth products, today announced it has acquired Shields Brokerage, a distinguished independent marketing organization (“IMO”) based in Exeter, New Hampshire.... read more
by Carrie Haubensak | Oct 14, 2021 | Medicare Advantage, Medicare Supplement, news
Medicare Supplement market leader United Healthcare (UHC) released 3rd quarter 2021 financials on October 14th, adding 15,000 Medicare Supplement lives in the 3rd quarter. The UHC enrollment table below features Standardized and Modernized policy in-force counts of... read more
by Carrie Haubensak | Oct 8, 2021 | news
Senior Market Sales®, one of the industry’s premier insurance marketing organizations, has acquired Medicare Instructors, a rapidly growing independent insurance brokerage focusing on Medicare insurance and financial solutions for people entering retirement. “As SMS... read more
by Carrie Haubensak | Oct 8, 2021 | Life Insurance, news
Non-variable universal life sales for the second quarter were $779.2 million, up 19.9% when compared to the previous quarter and up 18.1% as compared to the same period last year, according to Wink’s Sales & Market Report. Non-variable universal life sales include... read more
by Carrie Haubensak | Oct 8, 2021 | Insurance Industry, news
Employers expect their health costs to rise by more than 5% in 2022 as concerns about the COVID-19 pandemic linger, according to a new survey from Willis Towers Watson. Medical and pharmacy benefit costs are expected to increase by 5.2% next year, the report found, a... read more
by Carrie Haubensak | Oct 7, 2021 | news
Integrity Marketing Group, LLC announced it has acquired D&D Insurance, an independent marketing organization, located in Ferndale, Washington. As part of the acquisition, Derek Barnes, President of D&D Insurance, and Denise Barnes, Vice President of D&D... read more
by Carrie Haubensak | Oct 7, 2021 | news
Integrity Marketing Group, LLC announced it has acquired Brokerage 1 Agency, a well-established independent marketing organization based in Brunswick, Ohio. As part of the acquisition, Kurt Reichley, President of Brokerage 1, will become a Managing Partner in... read more
by Carrie Haubensak | Sep 30, 2021 | Medicare Supplement, news
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor... read more
by Carrie Haubensak | Sep 29, 2021 | Life Insurance, news
In the first six months of 2021, the total number of policies sold increased 8%, compared with prior year results. This is the highest policy sales growth recorded since 1983, according to LIMRA’s Second Quarter U.S. Individual Life Insurance Sales Survey. Total U.S.... read more
