by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Life Insurance
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 10, 2023 | Insurance Industry, Life Insurance
U.S. individual life insurance application activity continued to increase in February, and activity growth for applicants under 30 was especially strong, according to new MIB Group data. The insurance data-sharing consortium saw the number of applications flowing...
by Carrie Haubensak | Mar 10, 2023 | Insurance Industry, Life Insurance
indexed life insurance policies continued to sell well in the fourth quarter, as sales of two other types of non-variable cash value life insurance dropped. Wink — a Des Moines, Iowa-based life and annuity market monitoring firm — published on Tuesday a new insurer...
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...
