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...
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...
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...
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...
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...
