The number of questionable insurance claims last year, although 24% more than in 2008, is a “statistical no big deal,” according to a National Insurance Crime Bureau (NICB) official.
While corporate pension funds “bit the bullet” on funding their pension plan obligations, public plans and unions could be in jeopardy of “going broke.”
Sales of variable annuities increased by 10% last year, reaching $140.5 billion, fueled by equity market growth and people’s desire for guaranteed income riders.
Effectively targeting the middle market will increase the number of life insurance policies, despite the prediction that overall individual life insurance sales will remain “flat,” a new survey says.
The statutory net income of the largest U.S. life insurance groups more than doubled on a combined basis in the third quarter last year, compared to same period in the prior year, according to a new financial analysis.
As an insurance agent for the past 15 years, I have never been more satisfied with my job of helping our seniors maneuver through the enrollment process of Medicare.