Insurance Forums
North Carolina Insurance Commissioner Mike Causey recently announced the North Carolina Department of Insurance has entered into a volunta...
Posted: Aug 24, 2020
Total annuity sales were $48.6 billion in the second quarter, down 24% from second quarter 2019, according to final results from the Secure Retirement Institute (SRI) U.S. Individual Annuity Sales Survey. “The global pandemic presented uniq...
Posted: Aug 19, 2020
As COVID-19 takes its toll, people are thinking about life insurance in a new light. Only about half of U.S. adults have this coverage, which provides cash payments to survivors. About a third of those have life insurance through their employers,...
Posted: Aug 17, 2020
Distinguished actor Laurence Fishburne discussing the importance of life insurance? Sounds like something that would look pretty good showing on a monitor in the lobby of an insurance agency. The Academy Award nominee will no doubt bring a...
Posted: Aug 12, 2020
After sharp submission declines earlier in the year, U.S. life insurance application activity has come back vigorously, up 14.1% in July YOY, according to the latest edition of the
Posted: Aug 11, 2020
Registration is now open for ITC Global, the world’s largest gathering on insurance innovation and digital transformation. Instead of the annual live event known as InsureTech Connect in Las Vegas as in years past, in this year of COVID-19,...
Posted: Aug 06, 2020
Hunt Valley, MD—August 3, 2020—ArmadaCare (www.ArmadaCare.com),?utm_source=rss&utm_medium=rss a nationally recognized leader in the specialty supplemental health insurance market, announced it has appointed David Miller to Chief Revenue Officer (C...
Posted: Aug 06, 2020
Senior Market Sales (SMS), one of the industry’s premier insurance marketing organizations, has entered into a strategic agreement to be acquired by
Posted: Aug 03, 2020
Posted: Jul 29, 2020
The economic fallout from the coronavirus pandemic gets most of the blame for a staggering decline in annuity sales during the second quarter of 2020. Total annuity sales were $48.8 billion in the second quarter, down 24% from the same peri...
Posted: Jul 27, 2020
Clover Health, a venture capital-backed startup that sells Medicare Advantage plans to seniors, announced this week plans to triple its geographic footprint. The expansion, pending CMS approval, increases Clover’s coverage to 108 counties in eight...
Posted: Jul 22, 2020
Mutual of Omaha recently announced several new initiatives to address issues of racial equity and social justice, including the removal of Native American imagery from its corporate logo and additional funding for initiatives and charities address...
Posted: Jul 21, 2020
Walmart recently announced it is getting into the health insurance business, and now unconventional homeowners and renters insurer Lemonade is getting into the health insurance business too – or health insurance for pets, actually. Lemonade...
Posted: Jul 15, 2020
In this year of the “virtual conference,” here’s one that will explore a cross-functional view of the supplemental health, disability and long-term care insurance markets. LIMRA announced July 13 that the 2020 Supplemental Health, DI and LT...
Posted: Jul 13, 2020
Walmart is forming an insurance agency in Texas that will sell Medicare insurance, and is holding a “virtual hiring event” on July 9 to find “several Medicare Insurance Agents” to work for its new company, Walmart Insurance Services LLC, according...
Posted: Jul 08, 2020
This year, over 3.4 million Americans will be diagnosed with cancer, have a heart attack or suffer a stroke. Most of these individuals will survive only to face financial consequences resulting from uncovered health care costs or loss of income wh...
Posted: Jul 05, 2020
The U.S. Department of Labor (DOL) recently issued a
Posted: Jul 02, 2020
America’s Generation Z—which has grown up as digital natives and is more likely to be engaged in social activism—is less engaged when it comes to life insurance. According to a
Posted: Jun 28, 2020
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021. The COVID-19 pandemic triggered ultra-low interest rates, extreme market volatility and record-high unemploy...
Posted: Jun 23, 2020
Integrity Marketing Group, LLC, the nation’s largest independent distributor of life and health insurance products, recently announced it has completed the acquisition of McNerney Management Group (MMG). As part of the acquisition, MMG’s fo...
Posted: Jun 22, 2020
For the last decade, Life Happens and LIMRA have come together to understand the “financial pulse” of consumers as part of the annual Insurance Barometer Study. This year’s study reviews 10 years of consumer data on life insurance and related fina...
Posted: Jun 17, 2020
A woman turning 65 in Chicago could pay $91.78 monthly for Medicare Supplement insurance. But if she lived in Manhattan, she could pay as much as $476.04 monthly. That’s according to the 2020 Medicare Supplement Insurance Price Index, relea...
Posted: Jun 15, 2020
After two consecutive months of decline during the pandemic quarantine, U.S. life insurance application activity jumped 5.2% YOY in May in what appears to be a V-shaped recovery, according to the latest
Posted: Jun 10, 2020
Want some cancer insurance with that Big Gulp? Soon people will be able to buy life insurance at Seven-Eleven… in Japan. Talk about convenience! According to a report in the
Posted: Jun 08, 2020
Over the past decade, U.S. life insurance ownership has fallen 9 percentage points to 54%, according to the 2020 Insurance Barometer Study, released this week. Researchers attribute the drop in ownership to a broad decline in employer-paid...
Posted: Jun 03, 2020