by Carrie Haubensak | Jan 19, 2023 | Insurance Industry, Life Insurance, news
Following record breaking growth in 2020 and 2021, U.S. life insurance application activity finished 2022 with year-to-date (YTD) activity down -5.5%, according to the MIB Life Index. When taking a historical lookback, total activity YTD for 2022 was down -2.3%...
by Carrie Haubensak | Dec 8, 2022 | Life Insurance, news
Total U.S. individual life insurance new annualized premium fell 5% in the third quarter compared with prior year results, according to LIMRA’s U.S. Retail Individual Life Insurance Sales Summary for Third Quarter 2022. Despite the quarterly decline, new premium in...
by Carrie Haubensak | Oct 4, 2022 | Life Insurance, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has entered into an agreement to acquire Insurance Marketplace Agency, an independent marketing...
by Carrie Haubensak | Sep 16, 2022 | Life Insurance, news
Total U.S. life insurance new annualized premium increased 6% in the second quarter 2022, the sixth consecutive quarter of premium growth, according to LIMRA’s Second Quarter 2022 U.S. Retail Life Insurance Sales Survey. In the first six months of 2022, new premium...
by Carrie Haubensak | Aug 18, 2022 | Life Insurance
Total new premium for individual life combination products increased 22% to $4.3 billion, compared with prior year results, and down slightly from the $4.8 billion in premium generated in 2019, according to LIMRA’s 2021 U.S. Individual Life Combination Products Annual...
by Carrie Haubensak | Jun 16, 2022 | Life Insurance, news
Total U.S. life insurance new annualized premium increased 17% in the first quarter 2022, representing the fifth consecutive quarter of double-digit premium growth, according to LIMRA’s First Quarter 2022 U.S. Retail Life Insurance Sales Survey. “Nearly half of life...
