INSURASALES

7% of U.S. Homeowners Lack Property Insurance Due to Cost Barriers

Federal Reserve data shows 7% of U.S. homeowners are uninsured due to high property insurance costs, highlighting market and regulatory challenges.

U.S. Households Cut Vehicle Costs with Rising E-Bike Adoption

Explore how rising e-bike use and changing work patterns are reshaping vehicle ownership costs for U.S. households, highlighting significant financial savings and shifting transportation trends.

Evolving Property Risks and Medication Management Propel Insurance Industry Adaptation

Explore how increasing catastrophic events and complex medication risks among elderly patients are reshaping property and health insurance strategies, with insights from Nationwide and Humana.

Slide Insurance CEO Pay Surpasses Peers Amid Florida Market Growth

Slide Insurance's CEO Bruce Lucas received over $21 million in 2024, exceeding typical pay in Florida's public insurers during its IPO filing. This highlights compensation trends amid Florida's property insurance growth and regulatory environment.

NOAA Forecasts Above-Normal 2025 Atlantic Hurricane Season: Implications for U.S. Insurance

The 2025 Atlantic hurricane season is forecasted to be above normal with increased named storms and hurricanes, impacting U.S. insurance sectors and flood risk management.

Rising Insurance Costs Linked to Advanced Vehicle Safety Tech Repairs

Explore why advanced driver assistance systems are increasing auto insurance costs despite reducing accident claims, impacting repair expenses and insurance premiums.

Rising Tax on Private Foundations Accelerates Growth of Donor-Advised Funds

New U.S. tax proposals on private foundations are driving wealthy donors toward donor-advised funds, reshaping philanthropic giving patterns and tax strategies.

Former Progressive CEO Glenn Renwick Dies in Florida Car Accident

Glenn Renwick, former CEO and Chairman of Progressive, died in a multi-vehicle accident in Florida. This event has implications for leadership transitions, vehicle safety, and insurance risk assessment.

CIC Services Expands EnviroCap Liability Program with Broader Captive Coverage

CIC Services expands EnviroCap Liability Program, integrating auto, workers' comp, and general liability within a captive insurance model to combat rising premiums and coverage exclusions in commercial insurance.

U.S. Auto Insurance Rates Rise 7.5% Increasing Average Full Coverage Premium to $2,615

U.S. auto insurance premiums are increasing by 7.5%, raising the average full-coverage rate to $2,615, driven by market adjustments and claims trends.