Articles
‘Sandwich Generation’ pressures derail retirement plans for millions, study finds
Members of the “Sandwich Generation” – Americans who have both young children and aging parents – are struggling to stay on track toward their retirement and long-term financial goals, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement. One in four Americans (25%) has a child who is […]
Q2 life insurance sales surge; policies sold hit quarterly record
Total new annualized premium increased 13% to $4.5 billion in the second quarter, according to LIMRA’s retail life insurance sales survey results, which represent 80% of the U.S. market. Northwestern Mutual led the way with $572 million in new annualized premium in the quarter, while Pacific Life was second. Prudential Financial attracted the most total […]
The Life Insurance Myth: Why Americans aren’t buying life insurance
In order to get more people to buy life insurance, the industry must overcome a lack of consumer education about the product as well as the myth or perception that coverage is too expensive. The 2025 Insurance Barometer Study, conducted by LIMRA and Life Happens, focuses on the opportunities to educate consumers on the benefits […]
Actuaries warn Medicare costs threaten long-term sustainability
Increases in total Medicare spending threaten the program’s sustainability while increases in Medicare enrollment contribute to those spending increases. That was among the takeaways from a recent webinar on the future of Medicare presented by the American Academy of Actuaries. Increased spending on Medicare Part B and on Part D prescription drug coverage will drive […]