Life insurance ownership falls 9% in past decade

2020 Insurance Barometer Study from Life Happens and LIMRA reveals a significant decline in life insurance ownership over the past 10 years.

Life Insurance community denounces racial injustice in joint statement

As cities across the country protest in the aftermath of the tragic death of George Floyd, leaders from many of the leading life insurance industry organizations say the industry must move forward with moral purpose and sustained commitment.

Big shift from universal life to IUL underway, Milliman finds

Total individual universal life insurance sales decreased 31% between 2017 and late 2019 , while indexed universal life (IUL) sales increased 16% during the same time period, according to a new study by Milliman.

Americans say emotional intelligence is ‘most trustworthy’ quality in an advisor

Recent study from MDRT finds displays of emotional intelligence from advisors more likely to earn Americans’ trust than digital literacy.

Millennials poised to spur major growth in Critical Illness market?

Jesse Slome says Millennials ready to take the torch from Boomers, which could be a boon for CI at the expense of life insurance.

What to look for (and stay away from) in carrier options when selling Final...

Insurance Forums member David Duford shares four key tips for anyone making the transition from face-to-face final expense sales to telesales.

Preston Rutledge retiring as Assistant Secretary of Labor

As head of the Employee Benefits Security Administration, Rutledge was responsible for defined contribution plan regulation, reporting, oversight and enforcement, and also oversaw self-insured health plans, and the DOL fiduciary rule.

IRI offers 5-point plan to help retirement savers recover from COVID-19

Insured Retirement Institute proposes plan to assist retirement savers who have lost jobs, access to participate in a workplace retirement plan and experienced losses in their retirement account values due the COVID-19 virus pandemic.

Jury still out on whether COVID-19 will boost or damage life insurance market

Hearing some mixed messages about the COVID-19 pandemic’s impact on life insurance? You’re not alone.

Coronavirus pandemic erodes Americans’ economic confidence, fuels financial concerns

New LIMRA study finds just 1 in 4 Americans have a favorable view of the economy, down 31 points from January’s record high.