Insights for Navigating an Uncertain World
“Insurance industry leaders in the United States are increasingly alarmed by a significant surge in death claims among young and prime-age Americans, which has led to a substantial impact on company profits. This concern stems from data showing an over 20% increase in younger adult mortality rates in 2023 compared to historical norms, as reported by InsuranceNewsNet.”
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts