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News & Insights

Life Insurance News

Plain-English coverage of the news that actually affects your family’s protection — life expectancy, final expense, union benefits, and industry trends — with the takeaway that matters for working families.

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What’s happening — and what it means for you.

Union Benefits

Henry Ford Genesys Nurses Ratify Contract, Ending 411-Day Strike

Roughly 600 nurses in Michigan ratified a 13% wage correction after one of the longest nurse strikes in recent U.S. history — and what a yearlong income gap says about coverage that travels with you. Oct 16, 2026

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Life Expectancy

U.S. Mortality Rate Now 7% Below Pre-Pandemic 2019 Level

The Society of Actuaries finds mortality still falling past 2019 levels — why that favors coverage built to last a lifetime, not just a few decades. Oct 1, 2026

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Union Benefits

Gallup: Approval of Labor Unions Ties 60-Year High at 71%

Public support for organized labor is near its best level in six decades — useful context, even if it changes nothing about any one family’s coverage. Sep 1, 2026

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Retirement

Social Security Confirms 3.6% COLA for 2027

The largest cost-of-living raise in five years is now official — and why a bigger check still doesn’t cover what funerals cost. Oct 14, 2026

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Union Benefits

Two UVM Medical Center Unions Ratify Contracts, Avert a Strike

Support and technical staff unions locked in 7% combined raises and a faster staffing-plan timeline just before a strike deadline — and what a union win still doesn’t cover. Oct 12, 2026

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Union Benefits

Boston Medical Center Nurses Ratify Contract, Averting a Strike

Nearly 2,000 nurses approved a three-year deal raising starting pay to $42.63 an hour — the resolution to the strike vote we covered in September. Oct 9, 2026

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Union Benefits

Akron Transit Workers Ratify Six-Year Contract With 21% Raises

TWU Local 1 locked in a six-year wage schedule with $8,300 average retro pay — and what a long raise schedule still doesn’t protect if the earner isn’t there to collect it. Sep 25, 2026

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Union Benefits

Bath Iron Works Machinists Ratify Five-Year Contract, 17% Raise

IAM Local S6 locked in a 17% first-year raise and locked-in healthcare costs with no concessions — and what still doesn’t follow a member after the job does. Aug 25, 2026

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Final Expense

Final Expense Premium Grew 32% in 2025 to $1.38 Billion

A 30-carrier survey shows broad-based growth, with average policy sizes tracking real funeral costs — proof the category is demand-driven, not a one-carrier push. Jul 30, 2026

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Industry

Workplace Life, Disability and Supplemental Health Sales Each Climb 7%

LIMRA’s first-half 2026 data shows every major workplace benefit category growing at the same pace — and why group coverage works best as a supplement, not your only protection. Oct 5, 2026

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Union Benefits

Brigham and Women’s Hospital Nurses Vote 93% to Authorize Open-Ended Strike

Nearly 3,200 nurses backed the largest open-ended strike authorization in Massachusetts history — and what it means for a nurse’s own coverage while pay and benefits hang in the balance. Oct 1, 2026

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Union Benefits

Oregon SEIU 503 Averts Strike, Wins 3% COLA for 4,600 Workers

A last-minute deal with Oregon’s seven public universities locked in a cost-of-living raise — a timely reminder that a resolved contract can open room for new coverage. Oct 1, 2026

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Boeing Engineers Ratify Four-Year Contract With Raises Up to 32%

After rejecting an earlier offer and authorizing a strike, roughly 17,000 Boeing engineers and technical employees locked in a new deal — and what a big raise still doesn’t guarantee.

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10,000 Corewell Health East Nurses Ratify First-Ever Teamsters Contract in Michigan

More than 10,000 Michigan nurses won a 15% raise and a safe-staffing committee in their first contract — and what group hospital benefits still don’t cover.

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Average Medicare Advantage Premium Set to Fall to $12 for 2027

CMS projects the average Medicare Advantage premium will drop more than 16% for 2027 as open enrollment opens Oct. 15 — what the lower number does, and does not, cover.

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Teamsters President Warns of 2028 UPS Strike Over Pensions, Automation and Outsourcing

The Teamsters’ own president says a strike is likely when the union’s 330,000-member UPS contract expires in 2028 — a reminder that even the best-funded union deal is a bargaining chip, not a guarantee.

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Frontier Airlines Teamsters Ratify Five-Year Contract by a 93% Vote

About 500 aircraft mechanics locked in wage gains, a bigger pension match, and a new vacation tier — another 2026 union win, and what still doesn’t travel with the job.

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600+ Baltimore Nurses Ratify First-Ever Union Contract After Two Strikes

Ascension Saint Agnes nurses won a real raise, safer floating rules, and voluntary overtime — proof organizing still delivers, and a reminder to check your own coverage.

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United Steelworkers Extend U.S. Steel, Cleveland-Cliffs Contracts 30 Days

Bargaining continues past a Sept. 1 deadline for tens of thousands of steelworkers — a reminder of the gap between what a union contract covers today and what changes at the table.

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4,000 Brigham and Women’s Nurses Set Strike Vote for Sept. 24

Months after the largest one-day nurse strike in Massachusetts history, Brigham nurses vote again — this time on an indefinite strike over pay and health plan choice.

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New CDC Life Tables Show Wide Survival Gaps by Sex and Race

The full data behind this year’s record 79.0-year life expectancy breaks down by sex, race, and the odds of reaching 65 and 85.

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Boeing and Engineers’ Union Reach Revised Deal With a 10% Raise

A near-strike by more than 16,000 engineers and technical workers ends with an immediate 10% guaranteed raise — proof organized labor still delivers.

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New England Teamsters Ratify Six-Year Bimbo Bakeries Contract

More than 200 workers ratified a six-year deal by a 90% vote after a strike authorization — a concrete example of union leverage paying off.

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Boston Medical Center Nurses Vote to Authorize a Three-Day Strike

Nearly 2,000 nurses backed a strike over pay and staffing after six months of stalled talks — and an executive pay gap the union has spotlighted.

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420 Steelworkers Strike Sibanye-Stillwater Over Health Costs

About 420 USW members walked out at Sibanye-Stillwater’s Montana mines over rising health deductibles and cut disability pay — a reminder that even strong union coverage can change at the table.

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Teamsters Reach Tentative Deal With United Airlines

A tentative deal covers 11,000 United mechanics with a $54M signing bonus and a faster path to top pay — real money today, but still tied to the next contract cycle.

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Public Pension Funded Ratio Slips to 88.2% in 2026

The 100 largest public pension plans slipped to 88.2% funded in July — a data-backed nudge that a pension alone shouldn’t be a family’s only safety net.

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Seattle Teachers Union Authorizes Strike by 91% Vote

91% of Seattle educators are ready to walk out days before the school year starts — and why coverage that isn’t tied to a paycheck still holds during a labor dispute.

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FTC Warns Veterans of a Fake ‘Savings Program’ Postcard Scam

A postcard scam impersonating the VA is targeting veterans with a fake benefits program — how to spot it and verify any offer.

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SPEEA Members Reject Boeing Contract, Authorize Strike

Roughly 88-90% of Boeing’s engineers and technicians voted to authorize a strike after rejecting the company’s “best and final” offer.

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Union Pension Plans Hit Record 106% Funded in 2026

A Milliman study finds multiemployer pensions at their healthiest ever — but a strong funding ratio still isn’t a death benefit.

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Life Insurance Sales Keep Climbing in Q2 2026

Premium rose 3% and the number of policies sold jumped 8% — growth is being led by more families getting covered.

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UPS Teamsters’ COLA Delivers a 22-Cent Raise in August

A contract-guaranteed cost-of-living clause did its job for 340,000 UPS Teamsters — but it only covers a working paycheck.

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Steelworkers Reach Tentative Tire-Industry Contracts

Tentative deals cover thousands at Goodyear and Bridgestone — why steady union pay anchors family budgets.

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2027 Medicare Part B Premium Projected Near $210

A new Trustees Report estimate is a quiet squeeze on fixed incomes just as next year’s Social Security COLA is trending lower.

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Study: Americans Spend 14 Years in Poor Health Before Death

A new global study finds the U.S. has the widest gap between lifespan and healthy years of any country measured.

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AIL’s Union-Label Division Drives Most of Globe Life’s Premium in 2026

Globe Life's American Income (AIL) union-label division reported $926M in life premium for H1 2026, up 5%. What it means for union families' coverage.

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Nearly 100 Million Americans Say They Are Underinsured

The 2026 Insurance Barometer Study finds nearly 100 million Americans feel underinsured on life coverage, often because they overestimate the cost.

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Teamsters’ Central States Pension Reaches Roughly 98% Funded in 2026

The Teamsters' Central States Pension Fund is roughly 98% funded in 2026 after a federal rescue. What the turnaround means - and the gap it still leaves.

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New Report Estimates Tripling Union Membership Could Raise the Median Worker’s Pay by $7,700 a Year

A July 2026 EPI report estimates tripling U.S. union membership would lift the median worker pay by $7,700 a year and expand benefits access.

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Why Final Expense Is the Fastest-Growing Life Insurance of 2026

Final expense is the fastest-growing life insurance segment as funeral costs outpace inflation. Here is why demand is surging and who it fits.

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FTC Warns of Resurging ‘Unclaimed Life Insurance’ Scam Letters

The FTC warns that fake 'unclaimed life insurance' letters are targeting older adults again. Here's how to spot the scam and find real policy benefits.

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A Funeral Now Costs Most Families $8,000 to $13,000 — Here’s the Real Breakdown

A funeral with viewing and burial runs most families $8,000 to $13,000 in 2026. See the breakdown and how final expense coverage fills the gap.

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Globe Life Posts 7% Premium Growth in Q2 2026 — Why Carrier Strength Matters

Globe Life reported 7% premium growth and raised its 2026 guidance. Here is why a carrier's financial strength matters to the families who count on claims.

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Life Insurance Sales Jumped 10% to Start 2026

U.S. individual life insurance new premium jumped 10% to $4.5 billion in Q1 2026, LIMRA reports. Here is what rising demand means for working families.

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Nurse Strikes Surge Across the U.S. in 2026 — What It Means for Union Families

A wave of U.S. nurse strikes in 2026 over staffing and wages shows why union families need protection that holds steady during a labor dispute.

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PBGC Moves to Update Union Pension Rescue Rules

PBGC proposed technical updates to the Special Financial Assistance program backing distressed union pensions. Comments open through Aug 17, 2026.

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Pennsylvania State Retirees Get Their First Pension COLA in 24 Years

Pennsylvania SERS retirees are getting a 15%-24.5% cost-of-living raise this September — the plan’s first COLA since 2002. What the 24-year gap means for retiremen

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2027 Social Security COLA Projected Near 3.8% as Inflation Cools

An early estimate puts the 2027 Social Security COLA near 3.8%, up from 2.8% in 2026. What the projection could mean for a fixed retirement budget.

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Social Security Trust Fund Faces a 2032 Shortfall — What It Means for Your Safety Net

The 2026 Trustees Report projects Social Security's retirement fund runs short in 2032, risking a 22% benefit cut. What it means for your safety net.

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Union Membership Rose to 14.7 Million in 2025

Union membership rose to about 14.7 million in 2025 at a 10.0% rate, per the BLS. Why owning portable life coverage matters when group life ends.

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Federal Rescue Keeps Troubled Union Pensions Solvent for Decades

A federal rescue has approved about $77.9 billion for 161 union pension plans covering 1.8 million people. Here is what it means for your family's plan.

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U.S. Life Expectancy Hits a Record High — What It Means for Your Life Insurance

U.S. life expectancy hit a record 79 years in 2024 as death rates fell to a record low. Here is what rising longevity means for your life insurance decisions.

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New stories are added regularly. Every piece links to its original source and ends with a practical takeaway — never hype, never a sales pitch dressed up as news.

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We summarize real reporting from outlets like the CDC, LIMRA, and the BLS, link the original, and tell you what it means — nothing fabricated, nothing hyped.

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