INSURASALES

Florida SB 180 May Raise Flood Insurance Costs by Limiting Mitigation

Florida's Senate Bill 180 aims to speed hurricane recovery but may increase flood insurance costs by restricting home elevation and stricter building codes, affecting thousands of homeowners and insurance markets.

Economic Pressures Drive Americans to Reduce Car Insurance Coverage Amid Rising Costs

Rising inflation, tariffs, and financial stress lead many Americans to reduce car insurance coverage despite legal risks, driving significant shifts in insurance market trends and consumer behavior.

Texas Passes Law Ending Insurance 'Widow Penalty' on Auto and Home Policies

Texas enacts Senate Bill 1238 to end the insurance 'widow penalty,' preventing rate hikes for surviving spouses on auto and home insurance. Effective Sept 2025.

United Risk Global Strengthens Leadership Amid MGA Market Expansion

United Risk Global enhances leadership team with key executive promotions and strategic hires to support rapid expansion in the MGA insurance market.

U.S. Auto Loan Delinquencies Hit 15-Year High Amid Inflation and Negative Equity

Auto loan delinquency rates in the U.S. have surged to a 15-year high due to inflation, rising ownership costs, and negative equity, impacting borrowers across all credit profiles and lender types.

Federal Reserve Interest Rate Strategy Faces Scrutiny Amid Tariff Impacts

Federal Reserve's interest rate decisions under scrutiny amid inflation targets, tariff uncertainties, and impact on the housing market and economic growth.

Florida Homeowners Insurer Slide Advances IPO Ahead of Hurricane Season

Florida-based homeowners insurer Slide is advancing its IPO plans just before the Atlantic hurricane season, a critical period for underwriting and market risk assessment in P&C insurance.

Rising Homeowners Insurance Rates Reflect Increased Tornado and Hailstorm Risks

Homeowners insurance premiums rise sharply in tornado-prone U.S. states due to increased hail damage claims and changing severe weather patterns. Insurers adjust rates and coverage amid evolving risks.

US Mint Ends Penny Production After Final Penny Blanks Ordered

The US Mint has ordered its final batch of penny blanks and will halt penny production once these are used, signaling changes in U.S. coinage and currency management.

House Passes Tax Reform Bill Extending Key Provisions for Insurance Agencies

The House approved a tax reform bill making permanent key 2017 TCJA deductions important to independent insurance agencies, including an increased Section 199A income deduction rate.