LIFE INSURANCE NEWS


Addressing rising coverage gap, life insurance leaders look to marketing

Insurance marketing leaders will gather to deliberate on the best marketing strategies to engage consumers at the 2022 Marketing Conference, set for June 1-June 3, in Orlando.

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Recent Life Insurance News

Integrity Acquires Yellowstone Life Insurance Agency

Addition of Fort Worth-based financial services brokerage with virtual platform will further enhance Integrity's mission to meet consumers where they are and put client needs first.

House expected to pass SECURE 2.0 on Tuesday

The “Securing a Strong Retirement Act of 2022” scheduled for a House vote on Tuesday, which would send the bipartisan retirement reform bill to the Senate.

Past year’s U.S. life insurance sales growth highest since 1983

Propelled by 26% fourth quarter premium growth, total life insurance new annualized premium grew 20% in 2021 according to just-released LIMRA data.

U.S. life/annuity industry sees record capitalization, improved earnings while navigating pandemic in 2021

U.S. life insurance and annuity writers achieved record levels of capitalization, maintained strong liquidity and posted improved earnings in 2021 despite historically low interest rates, inflationary headwinds and continued pandemic uncertainty, according to a new AM Best report.

Tech-savvy producers in demand as BGAs, IMOs look to grow post-pandemic

Joint LIMRA-NAILBA study finds more than three-quarters of distribution intermediaries say top priority is to expand their network of producers.

LifeQuotes.com passes 400,000 customers, says prices at all-time lows

Insurtech announces it has topped the milestone and confirmed that life insurance prices are now at all-time lows despite rising COVID deaths.

Life Application Activity Rises 3.4% in 2021: MIB Life Index

Growth driven primarily by ages 31-50 and 71+ according to end-of-year data.

Western & Southern acquires Fabric to accelerate digital expansion

Western & Southern Financial Group announced Jan. 12 it has acquired Fabric Technologies and its subsidiary, Fabric Insurance Agency LLC, which provide a digital...

OneAmerica CEO says death rates among working-age people up 40%

Scott Davison of Indianapolis-based life insurer says current death rates are highest industry has ever seen during a virtual news conference.

Pandemic leads to highest life insurance payouts on record

ACLI reports that $90 billion paid to beneficiaries in 2020 represents a 15.4% increase over 2019.

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