$ 100B Insurance Group CEO reports “Highest death rates” in working class history; Worse than 1-in-200-year-old disasterJ. Scott Davison is the Chairman, President and CEO of OneAmerica, a “$ 100 billion dollar operating company” of several insurance companies, including American United Life Insurance Company, The State Life Insurance Company, OneAmerica Retirement Services LLC, McCready and Keene Inc., OneAmerica Securities, Inc., Pioneer Mutual Life Insurance Company and AUL Reinsurance Management Services, LLC. File photo: (left) Jonathan Weiss, Shutter Stock, license. (Right) OneAmerica, Management.INDIANAPOLIS, IN – The CEO of a large network of insurance companies with their corporate offices based in Indianapolis, Indiana, has made an eye-opening claim that the death rate among young people of working age during the COVID-19 pandemic has risen by an astonishing 40 % compared to pre-pandemic levels.The statement was made last week by OneAmerica CEO J. Scott Davison during a virtual conference hosted by the Indiana Chamber of Commerce, where Davison discussed teleworking and vaccination protocols for employees and claimed that the entire U.S. insurance industry reports higher-than-normal mortality rates among 18-64 -year-olds.“Right now we are seeing the highest death rates we have seen in the history of this company – not just at OneAmerica. The data is consistent across all players in that business,” he said. , 18 to 64, who are in employers who are on screen here.And what we saw right in the third quarter, we see it continue into the fourth quarter, is that death rates have risen 40 percent compared to what they were pre-pandemic. “J. Scott Davison, Chairman of the Board, President and CEO, OneAmerica® [Listen to this Statement]The operating companies in the OneAmerica network are American United Life Insurance Company, The State Life Insurance Company, OneAmerica Retirement Services LLC, McCready and Keene Inc., OneAmerica Securities, Inc., Pioneer Mutual Life Insurance Company and AUL Reinsurance Management Services, LLC.“Just to give you an idea of how bad it is, a three-sigma or a one-in-200-year disaster would be a 10% increase over pre-pandemics,” Davison added. “So 40% is just unheard of.”J. Scott Davison, Chairman of the Board, President and CEO, OneAmerica® [Listen to this Statement] OneAmerica, founded in 1877, offers a variety of personal insurance plans, including individual life, disability, long-term care and more; for companies, they offer employee benefits, pension schemes and group insurance. They operate in all U.S. states except New York and are, according to Davison, one ‘$ 100 billion business’ With almost every employee who has been home for almost two years now, something is becoming increasingly difficult to maintain.In addition to the deaths attributed to COVID-19, Davison said, a number of deaths due to other causes have also increased significantly, with the latter actually increasing as the pandemic continues.“What the data shows us is that the deaths reported as COVID deaths greatly underestimate the actual deaths among people of working age from the pandemic,” he said. “It may not be all that COVID says on their death certificate, but deaths are just a huge, huge number.”J. Scott Davison, Chairman of the Board, President and CEO, OneAmerica® [Listen to this Statement] Davison also noted that the number of disability claims – both short-term and long-term – that OneAmerica has seen has increased, saying that despite disability insurance being the smallest area of their business, he expects it to cost the company over one hundred million in claims, but that some of these extra costs are already being anticipated and will seep down to employers via higher premiums, just as they would with any other insurance risk factor.