Life insurance new annualized premiums soared 20% in 2021 Liz Festa is a long-time reporter covering the U.S. insurance market and its regulation and its impact on consumers, business and the economy.

WINDSOR, Conn., Aug. 9, 2022 — Total new premium for individual life combination products increased 22% to $4.3 billion, compared with prior year results, and down slightly from the $4.8 billion in ...

The pandemic heightened consumer awareness and demand for life insurance protection, pushing total life insurance new annualized premium growth to 20% in 2021, the highest annual growth since 1983, ...

DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE:PRI), a leading provider of financial services to families throughout the United States and Canada, will announce today projected year-end ...

U.S. life insurers paid a record $100 billion in 2021 in death benefits, fueled by another year of Covid-19 deaths, an industry trade group said. Payouts rose 11% in 2021 to $100.19 billion, most ...

Explore affordable life insurance options for smokers. Find the top picks from 45 insurers, featuring low costs and high ...

Correction: This story was updated to reflect the correct number of people who have died in the U.S. during the pandemic. Life insurance payouts reached a new high in 2021, according to a leading ...