by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, news
With sales of annuities exploding to record levels, it’s probably no surprise that in the first nine months of 2024 total annuity sales increased 23% to $331.2 billion, and are on pace for another record-breaking year, according to LIMRA’s U.S. Individual Annuity...
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, Technology
It is hard to imagine that 20 years ago we considered it innovative to receive digitized medical notes and images within a document imaging processing system. Believe it or not, at the time, it took many weeks to receive a client’s medical report electronically before...
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry, news
Evidence is mounting to suggest that Generation X, comprising Americans ages 44 to 59, is falling behind in retirement planning. In fact, according to Schroders’ 2024 U.S. Retirement Survey, just 14% of Americans between 44 and 59 believe that they have saved enough...
by Carrie Haubensak | Dec 19, 2024 | Insurance Industry
Integrity Marketing Group announced the overwhelmingly successful response to its 4th annual “Integrity Gives Back” Toy Drive. With the support of its nationwide network of partners, thousands of employees and countless volunteers, Integrity collected a...
by Carrie Haubensak | Dec 12, 2024 | Insurance Industry
Indexed life and annuity products are the subject of many regulator meetings and class-action lawsuits. Despite that negative publicity, indexed life and annuity sales are booming. Wink, Inc. reported third-quarter annuity sales of $115.2 billion, up 6.6% compared to...
by Carrie Haubensak | Dec 12, 2024 | Insurance Industry, Life Insurance
After a strong third quarter that saw life insurance new premium rise 6%, LIMRA executives are ready to declare a fourth consecutive year of record-high new premium. Total new annualized premium jumped 6% to $3.9 billion in the quarter, according to LIMRA’s third...
