Long term care insurance claims top $10 billion in 2018

A record $10.3 billion in claims was paid last year by the nation's long-term care insurance companies, according to new data from the American Association for Long-Term Care Insurance.

Prices for LTCI coverage show slight year-over-year increase

Just-released 2019 LTCI Price Index shows average annual premium for a 55-year-old couple was $3,050.

Latest FIO report chock full of industry data and analysis

Seventh annual Dodd-Frank-mandated report shows U.S. still the world’s largest insurance market; provides a detailed analysis of the current state of the overall market.

Buyers of new LTCI policies face little risk of future rate increase, new study...

Individuals who purchase a new long-term care insurance policy face little if any chance of a future rate increase according to a study of pricing experts released Sept. 17 by the American Association for Long-Term Care Insurance (AALTCI).

Life-LTC combo products on rise; now represent 25% of total new U.S. life insurance...

Total new premium for life combination products increased 18% in 2017, marking the third consecutive year of premium growth.

Decline rates rising for LTCI applicants under 70; stable (but high) for those over...

As a new study shows it’s getting even harder to health-qualify for long-term care insurance, AALTCI advising consumers to apply at earlier ages.

Annuities underutilized for tax-free LTC benefits, data suggests

New guide aims to educate consumers and financial professionals about how 1035 exchanges can provide advantages for tax and long-term care planning.

Few LTCI claims begin in nursing homes

The vast majority of long-term care insurance claims begin in the home while fewer than 3 in 10 start in a nursing home, according to a newly released industry analysis of claims conducted by the AALTCI.

Zenith Marketing Group partners with Ash Brokerage

Zenith Marketing Group, a full service insurance brokerage agency based in Freehold, N.J., is joining Ash Brokerage, the largest privately held insurance brokerage in the United States, the companies announced recently.

Industry Briefs: A quick look at recent life and annuity news of note

Here’s a roundup of some of the news and events from a wide range of topics coming across the wires from life and health industry organizations and companies lately.