INSURASALES

Tag: Employee Benefits

LIMRA Reports Decline in Workplace Insurance Sales Amid Early 2025 Economic Softening

LIMRA's Q1 2025 report shows a 16% decline in workplace life insurance and a 15% drop in disability insurance premiums, reflecting early 2025 economic softening.

House Oversight Seeks Answers on Commerce Dept's Health Coverage Failures

House Oversight Committee demands Commerce Department explain premature health insurance termination of fired employees and premium deductions during coverage lapse.

PertaLife Insurance Boosts Capital to Expand Coverage and Digitize Offerings

PertaLife Insurance is increasing its capital by 65% to $61 million to expand coverage of Pertamina Group workers and enhance digital product offerings, driving significant growth in Indonesia's insurance sector.

World Insurance Associates Acquires Christopher Williams Agency, Expands in New York

World Insurance Associates LLC acquires Christopher Williams Agency and Barrett Millard LLC, enhancing its insurance services and expanding its presence in the Rochester, NY market.

Sun Life Expands Family Leave Insurance to 14 States Amid Evolving Paid Leave Landscape

Sun Life US expands its Family Leave Insurance to 14 states, providing fully insured paid family leave options amid the evolving U.S. paid leave landscape and regulatory changes.

The Hartford Insurance Group Q1 2025 Financial Results Showcase Stability

The Hartford Insurance Group reports strong Q1 2025 earnings with $630M net income, stable capital, and solid insurance segment performance.

Multiemployer Health Plans Show Benefit Coverage Gaps Across Industries

Analysis reveals significant benefit coverage gaps in multiemployer health plans across U.S. industry sectors, highlighting challenges in disability, dental, and vision insurance.

Retirement Confidence High Amid Social Security, Medicare Concerns

Most U.S. workers and retirees remain confident about retirement savings, but concerns grow over potential Social Security and Medicare benefit cuts and rising healthcare and inflation costs.

Hilb Group Expands U.S. Insurance Portfolio with Maryland Employee Benefits Acquisition

Hilb Group enhances its Mid-Atlantic presence with a Maryland employee benefits business acquisition, continuing its strategic expansion across U.S. insurance markets.

Payroll Tax Implications of Employer-Provided Life Insurance Plans

Explore payroll tax implications and IRS valuation rules for employer-provided life insurance plans, including group-term and key employee policies.