by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Life Insurance
Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain...
by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage, news
By the end of 2023, more than half of the total Medicare population is expected to be enrolled in Medicare Advantage (MA), which has climbed from 25.2 million members in 2020 to 31.5 million members today. Patients already have a surfeit of MA options, with the...
by Carrie Haubensak | Mar 10, 2023 | Insurance Industry, Life Insurance
U.S. individual life insurance application activity continued to increase in February, and activity growth for applicants under 30 was especially strong, according to new MIB Group data. The insurance data-sharing consortium saw the number of applications flowing...
by Carrie Haubensak | Mar 10, 2023 | Insurance Industry, Life Insurance
indexed life insurance policies continued to sell well in the fourth quarter, as sales of two other types of non-variable cash value life insurance dropped. Wink — a Des Moines, Iowa-based life and annuity market monitoring firm — published on Tuesday a new insurer...
by Carrie Haubensak | Mar 8, 2023 | Critical Illness, Insurance Industry, news
As shown in a recent Telos blog, the market for ancillary health products continues to grow. Critical Illness insurance currently contributes a billion dollars in earned premium each year! With a continually-growing senior population, fairly frequent diagnoses of...
by Carrie Haubensak | Mar 8, 2023 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has acquired Senior Solutions & Services, an independent marketing organization...
