by Carrie Haubensak | Mar 21, 2024 | Life Insurance, news
Life insurers know that technology is one of their biggest challenges to capitalizing on the enormous market appetite for life insurance and annuities. And they don’t feel ready to meet that challenge. New survey data from LIMRA and Boston Consulting Group... read more
by Carrie Haubensak | Mar 21, 2024 | Life Insurance, news
For the third consecutive year, total life insurance new annualized premium set a new sales record, rising 1% to $15.7 billion, according to LIMRA’s U.S. Life Insurance Sales Survey. Life insurers have the COVID-19 pandemic to thank for spurring underwriting... read more
by Carrie Haubensak | Mar 21, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
The Home of Senior Health, Wealth & AgeTech, Medicarians 2024 April 8-10 Medicarians is the home of the product creators, care providers, distributors, venture investors, and startups helping the people live longer, better lives both physically, financially, and... read more
by Carrie Haubensak | Mar 19, 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 it has partnered with Solid Financial Plan, an independent marketing organization based in Houston,... read more
by Carrie Haubensak | Mar 14, 2024 | Medicare, Medicare Advantage, news
After a careful analysis of the pending impact of the Inflation Reduction Act on Medicare Prescription Drug Plans (PDPs), Mutual of Omaha Rx has made the strategic decision to exit the Medicare Prescription Drug Plan market at the end of 2024. As a leading provider of... read more
by Carrie Haubensak | Mar 14, 2024 | Insurance Industry, Life Insurance, news
Life insurance sales closed 2023 with a very strong fourth quarter, according to Wink’s Sales & Market Report. Non-variable universal life sales for the fourth quarter totaled $894.5 million, up more than 15.5% compared to the previous quarter and up 4.1% compared... read more
by Carrie Haubensak | Mar 14, 2024 | Medicare, Medicare Advantage, news
As Medicare Advantage (MA) plans continue to gain more beneficiaries, home-based care providers find themselves at a crossroads. For some, the allure of MA lies in its potential to unlock new opportunities and expand patient reach. Yet, for others, the prospect of... read more
by Carrie Haubensak | Mar 12, 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 it has partnered with MoneySmartMovement, a rapidly expanding independent marketing organization based in... read more
by Carrie Haubensak | Mar 8, 2024 | Insurance Industry, news
Annuity sales smashed through the $100 billion barrier in the fourth quarter, Wink, Inc. reported today, setting more records along the way. Total Q4 sales for all deferred annuities were $105.4 billion, up 33.1% compared to the previous quarter and up 32.9% compared... read more
by Carrie Haubensak | Mar 8, 2024 | Medicare, Medicare Advantage, news
For-profit insurers led by CVS Health’s Aetna are gobbling up the majority of new Medicare Advantage patients, despite new restrictions on marketing, higher medical costs and other headwinds, a new analysis of enrollment data found. Why it matters: An aging... read more
by Carrie Haubensak | Mar 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, news
Senior Market Sales® is expanding its distribution in the southern United States with the acquisition of Seniors Advisory Services, Louisiana’s largest senior insurance brokerage agency. “Seniors Advisory Services is a pillar in Louisiana in Medicare Advantage, with a... read more
by Carrie Haubensak | Mar 6, 2024 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from SelectQuote, Inc.’s financial results for Calendar 4th Quarter 2023. SelectQuote Medicare Segment Calendar 4th Quarter 2023 Enrollment Highlights: Medicare... read more