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LIMRA: Life Insurance Premium Expected to Maintain Record Levels Through 2024

by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, Life Insurance, news

Enough positive variables are in play for LIMRA analysts to project record-level life insurance premium through 2024. Specifically, December 2020 changes to the Internal Revenue Service tax code criteria that cash value life insurance policies must meet to retain...

VA Sales Slump to Lowest Level in 25+ Years, Wink Inc. Reports

by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, news

Wink Inc. reported deferred annuity sales in both the fourth quarter, and in all of 2022, were the greatest they have been since Wink began tracking sales of the product in 2015. It is likely the greatest sales have ever been for deferred annuities. Total fourth...

MedPAC in No Rush to Recommend Major Hospital Medicare Payment Increases Despite Industry’s Pleas

by Carrie Haubensak | Mar 23, 2023 | Insurance Industry, news

The Medicare Payment Advisory Commission’s recent breakdown of the hospital sector’s financial viability largely struck a different tone from the doom and gloom industry groups have voiced as of late. The independent commission advises Congress on year-to-year...

Medicare Advantage Plans Could Absorb Hit From Proposed Rate Change Rather Than Cut Benefits, Experts Say

by Carrie Haubensak | Mar 23, 2023 | Medicare Advantage

The insurance industry has claimed that a potential cut to Medicare Advantage (MA) payments in 2024 could lead them to trim benefits or hike premiums for seniors next year. But some experts say the impact of the rate changes could have a negligible effect on...

The Top 12 Annuity Issuers of 2022: NAIC

by Carrie Haubensak | Mar 17, 2023 | Insurance Industry

U.S. insurers generated more than $380 billion in annuity payments of all kinds in 2022, up from $325 billion in 2021, according to the National Association of Insurance Commissioners. Top 12 Apollo Global $32.0 billion Mass Mutual  $22.7 billion AIG  $20.8 billion...
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Recent Posts

  • LIMRA: Life Insurance Premium Expected to Maintain Record Levels Through 2024
  • VA Sales Slump to Lowest Level in 25+ Years, Wink Inc. Reports
  • MedPAC in No Rush to Recommend Major Hospital Medicare Payment Increases Despite Industry’s Pleas
  • Medicare Advantage Plans Could Absorb Hit From Proposed Rate Change Rather Than Cut Benefits, Experts Say
  • The Top 12 Annuity Issuers of 2022: NAIC

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