by Carrie Haubensak | Jul 9, 2024 | Insurance Industry, Life Insurance
A report published on the global universal life insurance market by Allied Market Research states that the industry is estimated to display a noteworthy CAGR of 9.3% with an absolute revenue of $280.4 billion throughout the forecast timeframe. However, the industry... read more
by Carrie Haubensak | Jul 9, 2024 | Insurance Industry
Deferred annuity sales were up nearly 19% in the first quarter over the same period last year, Wink, Inc. reported today. Spiking sales have annuities on pace to crack the $400 billion sales barrier for the first time this year. If the first quarter is any indication,... read more
by Carrie Haubensak | Jul 9, 2024 | Insurance Industry
On July 3, 2024, a federal court in Texas stayed provisions of the Centers for Medicare & Medicaid Services’ (“CMS”) contract year 2025 Final Rule that amended the longstanding Medicare Advantage (“MA”) and Part D agent and broker compensation methodology and... read more
by Carrie Haubensak | Jun 28, 2024 | Insurance Industry, Medicare Supplement
In the world of insurance, especially with Medicare supplement plans, lookback periods are key. They’re like a window into an applicant’s medical past, often going back several years. For insurers and brokerage agents, understanding these periods is vital... read more
by Carrie Haubensak | Jun 28, 2024 | Insurance Industry
Legendary — that’s what we call Lenny Anderson. The longtime Integrity Partner joined us on the “Inspire” Podcast this week as we celebrated another one of his major accomplishments, GoldenCare’s 50th anniversary! It’s an amazing feat... read more
by Carrie Haubensak | Jun 27, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate Increase AmountComments AARP - UnitedHealthcare Insurance Company 6/1/2024 - 8/1/202413.6%New Jersey & Vermont Ace Property and Casualty Insurance Company 8/1/2024 - 10/1/20247.9%Varies by state & plan Aetna Health and Life Insurance Company... read more
by Carrie Haubensak | Jun 25, 2024 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), one of the leading independent distributors of life, health and wealth products, is proud to announce it has received the Best Company for Women award from Comparably, a leading workforce surveyor. Awarded to Integrity,... read more
by Carrie Haubensak | Jun 20, 2024 | Insurance Industry, news
Annuity sales are surging to record levels in the U.S. In Q1 2024, total U.S. annuity sales were $113.5 billion in the first quarter of 2024 — the highest first quarter sales results since LIMRA started tracking sales in the 1980s. Yet, as we celebrate the growth in... read more
by Carrie Haubensak | Jun 20, 2024 | Insurance Industry
The uninsured rate in the U.S. has declined by 26% over the past several years, according to new data from the Centers for Disease Control and Prevention. The CDC’s National Center for Health Statistics reported that the number of uninsured people decreased by... read more
by Carrie Haubensak | Jun 18, 2024 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As previously shared, the overall average year-to-date increase for 2024 continues to trend higher than recent years. Based on current... read more
by Carrie Haubensak | Jun 18, 2024 | Insurance Industry, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced the official brand launch of Integrity Wealth. With more than $46 billion in assets under management and... read more
by Carrie Haubensak | Jun 17, 2024 | Insurance Industry, news
The Tri-Agency Rule, finalized by the Departments of Health and Human Services, Labor, and the Treasury, includes notice requirements for Fixed Indemnity insurance policies. The notice applies to both new and existing coverage with a plan year (group)/coverage period... read more