Propelled by $286.6 billion in fixed annuity sales, total U.S. annuity sales reached a record-high $385.4 billion in 2023, jumping 23% year over year, according ... Read more
There’s a new Guinness World Record for the most valuable life insurance policy ever sold, and it’s worth $250 million. Issued and fully underwritten by ... Read more
A new study finds more than 4 in 10 intermediaries—brokerage general agencies (BGAs) and independent marketing organizations (IMOs)—already have or plan to establish programs to ... Read more
Retirable, a NYC-based retirement peace of mind platform, on Feb. 20 announced a strategic partnership with eHealth, a pioneer in health insurance solutions, to provide ... Read more
Des Moines, Iowa-based provider of insurance solutions serving retail annuity and life customers and institutional clients F&G Annuities & Life, Inc., launched its first Registered ... Read more
Rock Island, Ill.-based fraternal benefit society Royal Neighbors of America recently unveiled “Ensured Legacy Final Expense,” a suite of life insurance products with coverage customization ... Read more
According to a new Million Dollar Round Table (MDRT) study, 39.2% of U.S. workers say they will have employer-provided term life insurance in 2024, and ... Read more
The Biden-Harris Administration announced this week that 21.3 million people selected an Affordable Care Act Health Insurance Marketplace plan during the 2024 Open Enrollment Period. ... Read more
MassMutual subsidiary Flourish, a platform that gives registered investment advisors access to financial products, on Jan. 17 unveiled Flourish Annuities, a new way for RIAs ... Read more
Higher premiums and fewer death benefits have led to reduced payout ratios on individual life insurance policies since 2020, despite concerns about COVID-19 and elevated ... Read more