by Carrie Haubensak | Jan 9, 2024 | Insurance Industry, Life Insurance, Medicare, 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 SoundadviceMD, an independent marketing organization based in Owings Mills,... read more
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry
Sales of annuity products hit record highs throughout 2023 and ended the year riding a wave strong enough to raise expectations for 2024 and beyond. Favorable economic conditions is the biggest factor leading LIMRA to project strong growth for annuity sales going... read more
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry, Life Insurance
Life insurance jumped into the spotlight with the COVID-19 pandemic. Converting that mortality awareness into life sales proved to be largely disappointing once the initial buying surge faded. But the momentum is not entirely lost, LIMRA says. In fact, the combination... read more
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry, Medicare Supplement
Rate actions are the most important tool that carriers can use to manage the performance of their Medicare Supplement business. Rate increases (and sometimes rate decreases!) are used to adjust competitive positioning and to move loss ratios toward the pricing... read more
by Carrie Haubensak | Jan 3, 2024 | Insurance Industry
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 We The People Agency (“WTP Agency”), an independent marketing organization based in... read more
by Carrie Haubensak | Jan 2, 2024 | Insurance Industry, Medicare Supplement
CompanyDateIncrease AmountComments Ace Property and Casualty Insurance Company 9/1/2023 - 1/1/20246.8%Varies by state & plan Aetna Health and Life Insurance Company 2/1/2024 - 3/1/20247.5%Arizona & Utah Aetna Health Insurance Company 2/1/202411.3%Oklahoma... read more
by Carrie Haubensak | Dec 19, 2023 | Insurance Industry, Life Insurance, Medicare
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 Delmarva Benefit Group, an independent marketing organization based in Felton, Delaware,... read more
by Carrie Haubensak | Dec 12, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
Cigna reported 3rd quarter 2023 Medicare Supplement lives of 468,000, up 0.6% from the result at 2nd quarter 2023 and down 3.9% compared to 3rd quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. ... read more
by Carrie Haubensak | Dec 12, 2023 | Insurance Industry, news
AmeriLife Group, a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that it has partnered with USA Benefits Group, a fast-growing, national health brokerage dedicated to... read more
by Carrie Haubensak | Dec 12, 2023 | Insurance Industry, Medicare Supplement, news
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. The overall average increase for year-to-date 2023 is 5.5%, the highest since 2020. Historical average rate increases by year since... read more
by Carrie Haubensak | Dec 12, 2023 | 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 JST Financial, an independent marketing organization based in Mansfield, Texas, and led... read more
by Carrie Haubensak | Dec 11, 2023 | Insurance Industry, Medicare, Medicare Supplement
Steady as she goes was the theme for the U.S. Medicare Supplement market through 2022, according to our latest benchmark report on the sector. Forty-five questionnaires were completed, representing 91 companies with Med Supp business. They include those with open... read more