by Carrie Haubensak | Jun 13, 2024 | Life Insurance, news
Depressed whole life sales led a disappointing first quarter for the life insurance market, Wink, Inc. reported. Whole life sales hit $1 billion for the quarter, down 12.8% compared with the previous quarter, and down 7.4% compared to Q1 last year. Items of interest... read more
by Carrie Haubensak | Jun 13, 2024 | Insurance Industry, Life Insurance, news
AmeriLife Group, LLC, has partnered with Succession Capital Alliance, the innovator behind premium financing for life insurance and a leading provider of advanced life insurance solutions for financial professionals and their high-net-worth and ultra-high-net-worth... read more
by Carrie Haubensak | Jun 13, 2024 | Insurance Industry, news
On the surface, everything is A-OK in the life of an annuity producer. Huge numbers of Americans are at or nearing retirement age, annuities are selling like umbrellas at the beach and retirement plan rules are evolving to boost those sales even higher. But dark... read more
by Carrie Haubensak | Jun 11, 2024 | Insurance Industry
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 IDEA Insurance Agency, an independent marketing organization based in Orlando, Florida,... read more
by Carrie Haubensak | Jun 10, 2024 | Insurance Industry, Medicare, Medicare Supplement
While the recent annual declines in total Medicare supplement policyholders are expected to continue over the near term, it is anticipated that the market will return to an annual growth position by 2026. This return to growth coincides with the continued increases in... read more
by Carrie Haubensak | Jun 7, 2024 | Insurance Industry, Medicare, Medicare Supplement
The Medicare Hospital Trust Fund is projected to stay solvent until 2036 – five years longer than last year’s prediction, according to the 2024 Medicare Trustees Annual Report. What’s behind this optimism was discussed during a recent webinar by the American Academy... read more
by Carrie Haubensak | Jun 7, 2024 | Insurance Industry, Life Insurance
In today’s rapidly evolving world, where digital transformation is reshaping every sector, both the health care and life insurance industries are at a critical juncture. As we navigate a landscape marked by fragmented services, cumbersome legacy systems and escalating... read more
by Carrie Haubensak | Jun 4, 2024 | Insurance Industry, Medicare Supplement
Founded in 2007, CSG Actuarial is the leader in providing quoting and enrollment solutions to the Medicare marketplace. Agents rely on CSG Actuarial for accurate information and have run over 120 million quotes on CSG’s quoting software since 2018. Plan G was once... read more
by Carrie Haubensak | Jun 4, 2024 | Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor... read more
by Carrie Haubensak | Jun 3, 2024 | Medicare, Medicare Advantage, news
Blue Cross and Blue Shield of Kansas City announced it will exit the Medicare Advantage market at the end of 2024 citing heightened regulatory demands and rising market and financial pressures. The not-for-profit organization, which insures roughly one million... read more
by Carrie Haubensak | May 30, 2024 | Insurance Industry, news
Annuities are becoming more available in the defined contribution space in association with 401(k) plans. What is the future of in-plan annuities, and have they reached a tipping point? Bryan Hodgens, head of distribution research and annuity research with LIMRA,... read more
by Carrie Haubensak | May 30, 2024 | Insurance Industry, Life Insurance, news
When C-suite executives in the life insurance industry were asked about the most important challenge on their minds, profitable growth was on top in 2023, followed closely by talent management. When the same study was conducted in 2019, change management was what kept... read more
