by csgadmin | Mar 27, 2025 | Insurance Industry, news
Equitable Financial and Allianz Life parlayed a strong 2024 into a top-five finish in the LIMRA annual annuity sales rankings. For the first time ever, total quarterly annuity sales surpassed $100 billion in all four quarters of the year. Total annuity sales finished...
by csgadmin | Mar 27, 2025 | Insurance Industry, Life Insurance
Annualized life insurance premium increased 3% in 2024 to $15.9 billion, according to LIMRA’s retail life insurance sales survey results, setting a record for the fourth consecutive year. In 2024, policy count was level with 2023 results. LIMRA also reported...
by csgadmin | Mar 27, 2025 | Insurance Industry, Medicare, Medicare Supplement
Staying informed of regulatory reporting requirements is paramount for insurers and actuaries alike. One such critical obligation that has been a cornerstone of regulatory compliance since the early 1990s is the Medicare Supplement Refund Calculation. This...
by csgadmin | Mar 27, 2025 | Insurance Industry, news
Integrity Marketing Group announced it has entered into a definitive agreement to acquire The Quantum Group, an independent distribution company based in Scottsdale, Arizona. As part of the acquisition, operations will continue to be led by Ron Shurts, Chairman and...
by csgadmin | Mar 20, 2025 | Insurance Industry, news
The deal, which removes Cigna from the volatile Medicare Advantage market, closed a little over a year after being announced. Cigna entered a definitive agreement to sell its Medicare businesses to HCSC in January 2024 for $3.3 billion in cash and $400 million in...
by csgadmin | Mar 20, 2025 | Insurance Industry, news
In a significant step towards strengthening its market presence and optimizing operations, AmeriLife’s Wealth distribution division announced today that its affiliates Unkefer & Associates, DFS Marketing (DFS), and AmeriLife Insurance Marketing (AIM) will now...