Company has temporarily suspended sales of individual long-term care insurance and income Assurance Annuity products through the brokerage general agency channel in all states, effective as of Monday, March 11.
Integrity, the nation’s largest independent distributor of life and health insurance products, has acquired Raleigh, N.C.-based Tidewater, one of the largest distributors of Medicare Supplement and Medicare Advantage products in the Southeastern U.S.
U.S. individual life insurance sales are expected to rise 3% to $15.0 billion in 2019, according to LIMRA’s just-released annual predictions report. Growth also expected in technology and workplace retirement savings plans.
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.
Demand for skillfully acquired and implemented analytics, transparent experiences for consumers and mutually beneficial partnerships were all trends that developed in 2018, and are expected to gather more momentum in 2019.