by csgadmin | Apr 3, 2025 | Life Insurance, Medicare, Medicare Supplement
The Medicare Supplement market continues to experience higher claims, and carriers are attempting to mitigate the higher loss ratios by pursuing larger rate increases. Throughout 2024 rate increases trended up from 2023 levels. Now, results through the first quarter...
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 | Feb 21, 2025 | Insurance Industry, Life Insurance, news
Life insurance is a valuable part of an overall financial portfolio, but a significant number of Americans do not feel like they have adequate coverage. That’s just one of the realities characterizing current insurance market dynamics in the United States....
by Anna Patrick | Feb 11, 2025 | Insurance Industry, Life Insurance
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 Hawkins Insurance, an independent marketing organization based in Charlotte, North...
by Anna Patrick | Feb 7, 2025 | Insurance Industry, Life Insurance
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports. Total new annualized premium increased 4% in 2024 to $16.2 billion, according to LIMRA’s preliminary life insurance sales survey results. In 2023, total new premium hit a...
by Carrie Haubensak | Jan 16, 2025 | Insurance Industry, Life Insurance, news
Variable universal life and registered index linked annuities are expected to see the highest percentage of growth across life and annuity products in 2025, two LIMRA executives said during a recent webcast. Bryan Hodgens, head of LIMRA research, and John Carroll,...
