by Carrie Haubensak | Nov 21, 2024 | Insurance Industry
The next wave of retirees is fast approaching, and they’re digital natives who likely won’t settle for their parents’ paper-based processes. As Generation X moves toward retirement, the life and annuities industry faces an urgent imperative: build...
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Life Insurance
Total new annualized premium jumped 8% to $3.9 billion in the third quarter 2024, according to preliminary results from LIMRA’s retail individual life insurance sales survey. The number of policies sold rose 3% year over year in the third quarter. Year to date, new...
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Medicare
There were several updates to the Medicare regulatory landscape this past quarter, and to help keep you informed, Telos Actuarial has summarized a few of the more significant ones here: NAIC Formal Inquiries for Guidance On September 25, 2024, the National Association...
by Carrie Haubensak | Nov 21, 2024 | Insurance Industry, Medicare, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 3rd quarter 2024 Medicare Supplement sales of $10.0 million, 3% lower than sales in 2nd quarter 2024 and 15% higher than sales in 3rd quarter 2023. ...
by Carrie Haubensak | Nov 19, 2024 | Insurance Industry, Life Insurance
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into a definitive agreement to acquire Innovative Underwriters, a brokerage general...
by Carrie Haubensak | Nov 14, 2024 | Insurance Industry, Medicare, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It is a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land....
