Lewis & Ellis’ Dave Dillon Named SOA 2024-2025 President-Elect and Vice-Chair
Lewis & Ellis is proud to announce that Dave Dillon, FSA, FCA, MAAA, Senior Vice President and Principal, has been…
The Medicare Advantage Cost: How It’s Different from Traditional Medicare
Discover the costs of Medicare Advantage plans and learn how we can help you make informed decisions about Medicare spending.
The Value of Supplemental Unemployment Benefits | Lewis & Ellis LLC
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Montana passes new law for life insurers
There have been many regulatory changes for the life insurance industry in the past few years, both at the federal and state levels. One that life insurers may want to keep a close eye on, in particular, was recently passed in Montana.
Indemnity insurance exceptions for Affordable Care Act more clearly defined
Various provisions of the Affordable Care Act are slowly being implemented nationwide ahead of the January 1, 2014, date on which the majority of Americans will be mandated to have health insurance coverage.
Individual health insurance claims costs likely to increase under ACA
Experts have long expected that there would be significant changes under the Affordable Care Act's reforms which fully go into effect on January 1, 2014. New estimates show just how costly some aspects of the law may be.
Income annuity sales climbed to record high in fourth quarter
Though many income annuity issuers have seen only small upticks or even declines in business over the last several years, the ongoing economic recovery seems to be helping the industry considerably. In the final three months of last year, sales of these financial products reached an all-time high.
Washington considering potentially harmful retirement incentive cuts?
Many baby boomers with average incomes rely on a number of tax incentives from the federal government as a means of increasing their retirement savings funds and setting themselves up for a happy and health post-career life.
Life insurance activity took tumble in February
In recent months, many life insurance issuers have likely noticed that the amount of business they're doing has taken a bit of a tumble, and that trend unfortunately continued into the month of February.
Are richer Americans overlooking retirement needs?
Millions of Americans are struggling to accumulate retirement savings to where they need to be to adequately prepare for their post-career lives. What most people don't realize is that this struggle extends even to affluent workers. As such, it might be wise for annuity issuers to connect with more affluent consumers to help them increase their retirement security while simultaneously generating more business.
Life insurers push for federal protections
The sequestration saga has weighed heavily on millions of Americans as well as several industries and government agencies for some time now.
Proposed legislation could be harmful to life insurance issuers
A piece of proposed legislation could have a major impact on the ways in which hedge funds are allowed to purchase and resell life insurance policies.
What do young people think of life insurance?
While there may be many misconceptions out there about the ways in which the life insurance industry works, particularly among young people, it seems that many Americans under the age of 40 understand the value such policies can hold, meaning that it may be wise for insurers to do more to educate these prospective Millennial customers going forward.