by Carrie Haubensak | Jul 22, 2021 | Insurance Industry, Market Potential Alert, news
The Centers for Medicare & Medicaid Services (CMS) report that over 1.5 million Americans signed up for health insurance since February 15, 2021, the start of the 2021 Marketplace Special Enrollment Period (SEP) for consumers in HealthCare.gov States, through June... read more
by Jason Yoo | Jul 16, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired the Michael O’Brien Insurance Agency (“Michael O’Brien Insurance”), an independent marketing organization (IMO)... read more
by Jason Yoo | Jul 16, 2021 | Medicare Advantage, Medicare Supplement, news
2nd Quarter 2021 Highlights: Revenues of $71.3 Billion Grew 15% Earnings from Operations were $6.0 Billion The second quarter 2021 medical care ratio of 82.8% compared to 70.2% last year, with the variance due to second quarter 2020 COVID-19 effects Based upon first... read more
by Jason Yoo | Jul 16, 2021 | news
Lightyear Capital LLC (“Lightyear”) announced it has signed a definitive agreement to sell Datalot Inc. (“Datalot”) to Centerfield, a technology-driven marketing and customer acquisition company. Financial terms of the transaction were not disclosed. Founded in 2009,... read more
by Jason Yoo | Jul 16, 2021 | Medicare Advantage, news
Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families throughout the United States and Canada, announced today that the Company has closed its previously announced acquisition of 80% of Etelequote Limited’s operating... read more
by Jason Yoo | Jul 7, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired The Leazer Group, a rapidly growing independent marketing organization (IMO) headquartered in Raleigh, North... read more
by Carrie Haubensak | Jul 6, 2021 | news
AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, has acquired Maximum Senior Benefits (MSB), a retail insurance marketing organization that distributes final expense... read more
by Jason Yoo | Jul 6, 2021 | Life Insurance, news
Total individual life insurance policy sales increased 11% in the first quarter, compared with first quarter 2020. This is the highest growth in the number of policies sold in a quarter since 1983. New annualized premium also experienced significant growth, up 15%... read more
by Carrie Haubensak | Jul 6, 2021 | Uncategorized
In case you have not heard, the national Medicare Supplement insurance industry conference is taking place in-person September 8-10, 2021 in Chicago. CSG Actuarial will be at the event that brings together hundreds of industry leaders and companies. It’s an... read more
by Jason Yoo | Jul 1, 2021 | Medicare Advantage, news
Anthem, Inc. announced the completion of the acquisition of Puerto Rico-based MMM Holdings, LLC and its Medicare Advantage (MA) plan MMM Healthcare, LLC. as well as affiliated companies and Medicaid plan. Anthem acquired MMM from InnovaCare Health, L.P., a leading... read more
by Jason Yoo | Jul 1, 2021 | Medicare Advantage, news
Bright Health made $924 million in its initial public offering late last week, setting a new high for insurers going public. Competitors Oscar Health, Clover Health and Alignment Health all went public earlier this year. The IPO pricing values Bright Health at $11.23... read more
by Jason Yoo | Jul 1, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired Carolina Senior Marketing, a full service field marketing organization (FMO) headquartered in Cary, North... read more
