by Carrie Haubensak | Jan 11, 2024 | Insurance Industry, Medicare
A record 20.4 million Americans have signed up for Affordable Care Act plans since open enrollment began in November. Sign-ups are expected to continue to grow. A record 20.4 million Americans have signed up for Affordable Care Act plans since open enrollment began in...
by Carrie Haubensak | Jan 11, 2024 | Insurance Industry, Life Insurance
Shoppers kept U.S. individual life insurance underwriting systems busy in December. Overall application activity was 6.5% higher last month than in December 2022, and it was up by at least 8% for three of the age groups that MIB Group tracks, according to new MIB...
by Carrie Haubensak | Jan 9, 2024 | Insurance Industry, Life Insurance, Medicare, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with SoundadviceMD, an independent marketing organization based in Owings Mills,...
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry
Sales of annuity products hit record highs throughout 2023 and ended the year riding a wave strong enough to raise expectations for 2024 and beyond. Favorable economic conditions is the biggest factor leading LIMRA to project strong growth for annuity sales going...
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry, Life Insurance
Life insurance jumped into the spotlight with the COVID-19 pandemic. Converting that mortality awareness into life sales proved to be largely disappointing once the initial buying surge faded. But the momentum is not entirely lost, LIMRA says. In fact, the combination...
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry, Medicare Supplement
Rate actions are the most important tool that carriers can use to manage the performance of their Medicare Supplement business. Rate increases (and sometimes rate decreases!) are used to adjust competitive positioning and to move loss ratios toward the pricing...
