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LIMRA: Life Insurance New Premium Set a 2023 Record for Third Straight Year

by Carrie Haubensak | Feb 23, 2024 | Life Insurance

Life insurance new premium rose to $15.6 billion in 2023, LIMRA reported today, setting a record for the third straight year. Better still, the year ended on a high note, with all lines recording “positive growth” in the fourth quarter. The results are...

Tips for Successful Medicare Supplement Rate Filings

by Carrie Haubensak | Feb 23, 2024 | Insurance Industry, Medicare

As medical claims continue to rise, having rate increase filings on Medicare Supplement have never been more important.  Below is a listing of Telos Actuarial’s top rate filing tips for 2024. 1.      Know the market.  Gathering competitive intelligence before you...

Integrity Introduces LifeCENTER, a Transformational Technology Platform for Life Agents

by Carrie Haubensak | Feb 21, 2024 | Insurance Industry, Life Insurance, news

Integrity Marketing Group announced the launch of its innovative LifeCENTER platform that offers life insurance-focused agents powerful and expansive technology solutions. The first-of-its-kind system is available at no cost to Integrity agents, and is designed to...

CNO Financial Group Reports Medicare Supplement Sales in 4th Quarter 2023

by Carrie Haubensak | Feb 20, 2024 | Insurance Industry, Medicare Supplement

CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 4th quarter 2023 Medicare Supplement sales of $11.5 million, 11% higher than sales in 4th quarter 2022.  For the past 12 months CNO Financial Group...

Kaiser Permanente Reports $4.1B Profit, Exceeds $100B Operating Revenues in 2023

by Carrie Haubensak | Feb 15, 2024 | Insurance Industry, news

Kaiser Permanente wrapped up its fiscal year with $329 million of operating income (0.3% operating income), net income of $4.1 billion and more than $100 billion in both operating revenues and expenses, the Oakland, California-based nonprofit announced Feb. 9. The...
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