U.S. Life Application Activity Inched Higher in August: MIB
September 13, 2023 by Allison Bell
U.S. individual life insurance application activity continued to be stronger for younger consumers than for older consumers in August, and the overall level of year-over-year change was an increase of 1.8%, according to MIB Group.
MIB is an organization that helps life insurers with the underwriting process. It uses its application processing activity levels to compile monthly application level statistics.