Hong Kong Property & Casualty Insurance Faces Rising Claims Pressure in 2025

Rising claims from Hong Kong's Wang Fuk Court fire and natural disasters drive 2025 property and casualty insurance underwriting challenges, pushing net combined ratios higher.

National General Clarifies No Dealership Pricing Cap on Scan and Calibration Reimbursements

National General, an Allstate company, corrects miscommunication on scan and calibration reimbursement policies, clarifying no limits based on dealership pricing. This update impacts insurance claims and repair shop relationships.

Berkshire Hathaway Names Nancy L. Pierce as GEICO CEO Amid Executive Transitions

Berkshire Hathaway appoints Nancy L. Pierce as GEICO CEO as part of broader executive transitions including CFO changes and new general counsel role, highlighting succession planning within its insurance operations.

Strategies to Manage and Optimize Holiday Spending in the U.S. Market

Explore practical strategies for U.S. consumers to manage holiday spending effectively in 2025, including budgeting tips, debt management, and leveraging credit card rewards.

Insurance Stocks to Avoid Amid Market Uncertainties: MetLife, Kemper, and Assured Guaranty

Explore the risks and valuation concerns in MetLife, Kemper, and Assured Guaranty stocks amid economic uncertainty and market cycles affecting the U.S. insurance sector.

Key Swing District Republicans Push to Extend ACA Premium Tax Credits Amid Rising Costs

Republicans in competitive House districts seek extension of ACA premium tax credits to mitigate 2026 health insurance premium increases and address voter affordability concerns.

U.S. Property Insurance Rates Rise Amid Climate Risks, Regulatory Shifts

Explore the rise in U.S. property insurance rates driven by climate-related disasters, federal regulatory changes, tariffs, and market impacts on risk and premiums.

White Mountains Sells Controlling Interest in Bamboo MG Agent for $1.75B

White Mountains completes $1.75 billion sale of controlling interest in Bamboo insurance platform to CVC Capital Partners, retaining a 15% stake. Bamboo expands in U.S. homeowners insurance market.

New York Boosts Senior Property Tax Exemptions to 65% to Address Rising Costs

New York expands senior property tax exemption to 65%, aiming to ease rising housing and insurance costs for seniors on fixed incomes. Local governments can now increase relief under new legislation.

NAIC Advances RBC Principles Amid Debate Over Public Disclosure Ban

NAIC's Risk-Based Capital principles are evolving with debates on public disclosure bans and enhancements to insurer capital adequacy assessments for 2026.