U.S. application activity for individually underwritten life insurance increased in the first quarter of 2012, rising 4.2% compared to the same period last year–the U.S. industry’s best start since 2007, according the latest Medical Information Bureau (MIB) Index Report. First quarter growth, the... Learn More
Genworth’s highly-regarded, state-by-state report on LTC costs was just released and is available here. I suggest that you make this a shortcut on your desktop for quick reference when discussing case design with your clients. Genworth has broken down costs within most... Learn More
Officials at the Connecticut Insurance Department have rejected a second attempt by Mutual of Omaha Insurance Company to increase long-term care insurance (LTCI) rates in their state. The Nebraska-based carrier has been seeking an average increase of about 33% on block of... Learn More
Individual life insurance sales increased 4% in new annualized premium in 2011, marking the second consecutive year of growth, according to LIMRA International. Here’s what was drove the increases last year. Whole life premium increased 9%. This is the sixth consecutive year... Learn More