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%...
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...
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...
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...
by Jason Yoo | Jun 24, 2021 | Medicare Advantage, news
Clover Health (NASDAQ: CLOV) (“Clover”), an innovative technology company committed to improving health equity for America’s underserved seniors, announces plans to nearly double its geographic footprint. The expansion, which is subject to CMS approval, will make...
