INSURASALES

AM Best Hosts Briefing on 2025 Florida Property Insurance Market

AM Best to present a 2025 briefing on Florida's property insurance market amid active hurricane season forecasts. Industry experts to discuss market dynamics and regulatory factors.

MGIS Launches Specialized Disability Insurance Solutions for Doctors

MGIS introduces innovative disability insurance products tailored for doctors, combining flexible group long-term disability coverage with high-limit benefits backed by Reliance Matrix and Lloyd's of London, enhancing income protection in medical practices.

California Fair Plan Surcharges Homeowners to Offset $1 Billion Fire Losses

California FAIR Plan seeks to surcharge homeowners statewide to recover $1 billion in wildfire claims from 2024 Los Angeles fires. Regulatory approval pending, with legal challenges ongoing.

Ambac Financial Posts Q1 2025 P&C Revenue Growth Amid Specialty Segment Pressure

Ambac Financial Group reports 27% revenue growth and 70% premium increase in Q1 2025 P&C operations. Specialty segment faces underwriting challenges, while acquisition bolsters diversification and future growth potential.

TransUnion Identifies Key Trends in Auto and Home Insurance Shopping for 2025

TransUnion's 2025 report reveals rising auto and home insurance shopping, generational shifts in homeownership, and implications for risk segmentation and policy flexibility.

U.S. Inflation Drops to Four-Year Low Amid Tariff Impact

U.S. inflation eases to a four-year low in April, reflecting early tariff impacts and varied sector price movements. Persistent inflation pressures and tariff-related costs influence economic and insurance market trends.

A-MAX Insurance Expands with New Offices in San Diego Area

A-MAX Insurance broadens its footprint in California by opening multiple offices in the San Diego area, enhancing access to affordable auto, renters, and homeowners coverage. The expansion supports community engagement and inclusive workplace initiatives.

United Security Insurance Expands Personal Auto Lines into Arizona

United Security Insurance Company, part of Warrior Insurance Network, launches personal auto insurance products in Arizona, expanding its market presence with competitive pricing and flexible payment options.

AAA Highlights Rising Hurricane Preparedness Concerns Among Georgians

AAA survey reveals increased hurricane anxiety among Georgians, urging early insurance review and home fortification to mitigate storm risks in 2024.

Rhode Island Bill Proposes Changes to Vehicle Damage Appraisal Threshold and Timing

Rhode Island's S1015 bill aims to increase the vehicle damage appraisal threshold to $5,000 and extend appraisal completion time, updating fair market value definitions in auto insurance claims.