INSURASALES

Mercury General's Strategic Resilience Amid Texas Auto Insurance Premium Surge

Explore Mercury General Corporation's financial resilience and strategic adaptability as Texas auto insurance premiums surge 40%, driven by inflation and wildfire risks. An analysis of underwriting discipline and investment strategies in a dynamic market.

Florida Review of Citizens Property Insurance Arbitration Intensifies Over Policyholder Disputes

Florida lawmakers examine mandatory arbitration under House Bill 799 affecting Citizens Property Insurance policyholders, highlighting rising disputes and legal challenges.

Angela Ripley Named Chair of Independent Insurance Agents & Brokers of America

Angela Ripley appointed chair of Independent Insurance Agents & Brokers of America, focusing on innovation, inclusion, and strategic growth in the insurance agency sector.

Lemonade Inc. Stock Rises on Investor Confidence and AI-driven Auto Insurance Expansion

Lemonade Inc. stock surges 9.21% driven by fintech partnerships and AI-backed auto insurance growth. Analysts raise target prices amid cautious optimism despite profitability challenges.

Hybrid Parametric Insurance Advances Disaster Recovery with Faster Claims

Explore how hybrid parametric insurance combines traditional coverage with automated triggers to speed disaster recovery claims and improve insurer responsiveness.

Massachusetts Construction Manager Sues Allianz Over Defense Refusal in $5M Property Claim

Massachusetts construction manager D.F. Pray sues Allianz for refusing defense in $5M property damage claim, highlighting insurer defense obligations and Massachusetts insurance law compliance.

U.S. Auto Insurance Rate Increases Slow in 2025 Amid Market Stabilization

Auto insurance premium increases in the U.S. slowed significantly in 2025, driven by improved insurer profitability, fewer claims, and stabilized repair costs. State differences remain key factors.

Lawsuit Accuses State Farm of Claim Mishandling and Racial Discrimination

A federal lawsuit alleges State Farm mishandled an auto claim and discriminated against a Black policyholder, raising compliance and claim handling concerns in the auto insurance industry.

Declining Auto Theft in 2024 Does Not Lower Insurance Premiums

Auto theft in the U.S. drops by 17% in 2024, but auto insurance premiums continue to rise due to repair costs, inflation, and legal factors influencing the insurance market.

California FAIR Plan Faces Financial Strain Amid Rising Wildfire Costs

The California FAIR Plan is under financial pressure due to escalating wildfire claims and rising repair costs. Insurers and homeowners face potential assessments or bailouts amid this growing risk.