INSURASALES

Federal Reserve Highlights Housing Affordability Challenges and Economic Implications

Federal Reserve analysis outlines elevated U.S. housing costs, supply constraints, and inflationary pressures influencing economic outlook and monetary policy decisions.

Honeycomb Insurance Expands Specialty Non-Admitted Program Nationwide with Enhanced Limits

Honeycomb Insurance expands its non-admitted specialty program nationwide, increasing insured property limits and integrating platforms amid a challenging commercial property insurance market.

State Farm Adjusts Illinois Insurance Rates: Lower Auto, Higher Home Premiums

State Farm reduces auto insurance rates by 5.7% while increasing home insurance premiums with new wind/hail deductibles in Illinois, reflecting claim cost trends and weather-related risks.

NC Law Extends Inexperienced Driver Surcharge, Raises Auto Insurance Minimums

New North Carolina law extends inexperienced driver surcharge to mid-20s and raises minimum auto insurance coverage limits, influencing premiums statewide.

Rear-End Collisions and Insurance Rate Impacts: Key Industry Insights

Explore how rear-end collisions influence auto insurance premiums in the U.S., including fault determination, state protections against rate hikes, and best practices for reporting and claiming.

Key Insurance Legislative Developments in Texas' 89th Legislature

Review of key insurance legislative actions during Texas' 89th Legislature focusing on property and casualty insurance challenges, regulatory proposals, and new laws addressing market concerns.

Texas DMV Employee Faces Charges in Car Title Laundering Scheme

Texas DMV employee charged with felony bribery and record tampering in a car title laundering scheme, raising concerns over vehicle theft fraud risks in insurance.

Rising Living Costs Lead Americans to Cut Back on Car and Home Insurance

Rising living costs and recession fears are causing Americans to reduce auto and home insurance coverage, with significant rate hikes expected in 2025 by major insurers.

Attorney Urges DOJ to Address Systemic Insurance Claim Practices in Collision Industry

Connecticut attorney requests DOJ meeting to address systemic consumer harm and anti-competitive practices by major insurers in auto body and post-disaster claims.

Rising U.S. Property Taxes Challenge Gen Z Homeowners' Affordability

Explore how rising U.S. property taxes impact Gen Z homeowners, increasing affordability challenges amid high mortgage rates and home prices.