by Carrie Haubensak | May 21, 2024 | Insurance Industry, news
Integrity Marketing Group, LLC, has been awarded one of the Best Companies for Diversity from Comparably, a leading workforce surveyor, two years in a row. This annual award spotlights companies committed to advancing and enhancing workplace diversity. “Led by our... read more
by Carrie Haubensak | May 16, 2024 | Insurance Industry, Life Insurance, news
Total individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey. The total number of policies sold also dropped 1% in the first quarter. The... read more
by Carrie Haubensak | May 16, 2024 | Insurance Industry, Medicare, news
AmeriLife Marketing Group, a national field marketing organization and an affiliate of AmeriLife Group, LLC, announced it has entered into a partnership with RB Insurance Group, a national marketing organization with over 30 years of experience in the Medicare market... read more
by Carrie Haubensak | May 15, 2024 | Insurance Industry, news
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Northern Ohio Health and Wellness Benefits, an independent marketing organization based... read more
by Carrie Haubensak | May 14, 2024 | Insurance Industry, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 1st quarter 2024 Medicare Supplement sales of $9.7 million, 24% higher than sales in 1st quarter 2023. For the past 12 months CNO Financial Group... read more
by Carrie Haubensak | May 14, 2024 | Insurance Industry, Medicare Supplement
As reported by CSG Actuarial in April, the 2023 Medicare Supplement overall market loss ratio spiked to 83.8%, as premium levels struggled to keep up with increases in post-Covid claim utilization rates. Within the overall 2023 Medicare Supplement loss ratio of 83.8%,... read more
by Carrie Haubensak | May 9, 2024 | Insurance Industry, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It’s a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land.... read more
by Carrie Haubensak | May 6, 2024 | Insurance Industry, news
The Senior Resource Group, an affiliate of AmeriLife Group, LLC, announced that it has entered into a partnership with Bobby Brock Insurance, a national health insurance agency and founding sponsor of MedicareCon, a highly regarded annual Medicare and health insurance... read more
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 1st quarter 2024 Medicare Supplement lives of 466,000, down 0.9% from the result at 4th quarter 2023 and down 0.2% compared to 1st quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. ... read more
by Carrie Haubensak | May 6, 2024 | Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial compiled information from the NAIC* and other sources and reported in April that total Medicare Supplement lives covered in 2023 decreased slightly to 14.1 million and seven of the top ten Medicare Supplement carriers reported a decrease in in-force... read more
by Carrie Haubensak | May 2, 2024 | Insurance Industry, news
Annuity sellers had another very strong quarter in Q1, with $113.5 billion in sales, 21% higher than the first quarter 2023. Quarterly sales fell just shy of the record set in the fourth quarter 2023, according to preliminary results from LIMRA’s U.S. Individual... read more
by Carrie Haubensak | May 2, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 1st quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,300,000, a decrease of 43,000 in the past quarter and 44,000 over the past 12 months. The 44,000 decrease in membership in the past 12 months is a 3.3% decrease relative to the... read more
