CHICAGO--(BUSINESS WIRE)--Kin Insurance, Inc. (“Kin” or the “Company”), a leading direct-to-consumer homeowners insurance technology company that has entered into a definitive business combination ...
In 2021, enrollment in employment-based group coverage declined while enrollment in individual-market (non-group) coverage and Medicaid increased. Those coverage gains were primarily driven by ...
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.
Total life insurance new annualized premium grew 20% in 2021, representing the highest annual growth since 1983, according to a report by LIMRA, the insurance research group. For the year, policy ...
The average per-employee cost of employer-sponsored health insurance jumped 6.3% in 2021 as employees and their families resumed care after avoiding it in 2020 due to the pandemic. The finding was ...
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (the “Company”) reported fourth quarter and full year 2021 results. “We ended the year with a record of approximately ...
State Farm lost money insuring vehicles last year, but the reward was what the company described as record growth in policies. The Bloomington-based giant, the largest insurer of cars and homes in the ...
Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...