Mercury Insurance Links Safe Driving to Auto Insurance Savings
Mercury Insurance highlights the impact of safe driving on reducing accidents and lowering auto insurance premiums, emphasizing driver responsibility and risk management strategies.
Mercury Insurance highlights the impact of safe driving on reducing accidents and lowering auto insurance premiums, emphasizing driver responsibility and risk management strategies.
Texas legislators propose a bill requiring insurers to get state approval before raising homeowners insurance rates, responding to rising premiums linked to natural disasters. The bill aims to replace the file-and-use system with stricter regulatory oversight.
The Hartford Insurance Group reports strong Q1 2025 earnings with $630M net income, stable capital, and solid insurance segment performance.
Vermont sees registration of sixteen new captive insurance companies in Q1 2025, raising total licensed captives to 1,378. Key management firms involved in this expansion.
The Hartford's Q1 2025 earnings show a 16% decline in net income due to catastrophe losses, with a 9% growth in property and casualty premiums and stable underwriting performance.
Georgia's new tort reform laws SB68 and SB69 are anticipated to reduce insurance premiums by 3-5%, with the insurance commissioner promising strict oversight on rate filings and insurer practices.
Mercury Insurance links safe driving behaviors to potential auto insurance savings, emphasizing risk mitigation and regulatory considerations in underwriting.
MSI introduces a commercial general liability insurance product for U.S. habitational property owners, providing up to $2 million aggregate coverage to address growing claims costs and litigation risks in the sector.
Louisiana Department of Insurance achieves NAIC accreditation for financial solvency regulation and secures multiple NAIC leadership appointments for 2025, enhancing its role in national insurance oversight.
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