INSURASALES

Colorado Proposes Rules to Tie Wildfire Mitigation to Homeowners Insurance Rates

Colorado's latest insurance rules link wildfire mitigation efforts to homeowners insurance rates, aiming to enhance transparency and reduce premiums amid rising wildfire risk and affordability challenges.

Florida Sees One of the Highest Teen Driver Insurance Rate Increases

Florida experiences an average 84% increase in auto insurance premiums when adding teen drivers, impacting family budgets and licensing trends. Discover cost management strategies and market insights.

Court Affirms No Coverage for ATV Accident Under Standard Auto Policy

A federal appeals court in Michigan ruled that injuries from an ATV accident are not covered under standard auto insurance policies due to the vehicle's off-road design. This decision impacts coverage interpretation under Michigan's no-fault statute.

Florida Insurance Regulators Issue $2.075M in Fines Over Hurricane Claims

Florida insurance regulators fined eight companies $2.075 million for claims handling violations after Hurricanes Ian and Idalia, reinforcing market accountability amid sector recovery.

Earthquake Risk Management and Insurance Considerations in the U.S.

Comprehensive overview of earthquake risks, seismic hazards, and insurance implications in the U.S., focusing on risk management strategies and emergency planning in tectonically active regions.

U.S. Mortgage Rates Stable; Refinancing and Purchase Trends Through 2025

Explore current U.S. mortgage rates, refinancing trends, and Federal Reserve policy impact through 2025. Key insights for mortgage industry professionals.

Florida Insurance Reforms Attract New Property Carriers, Lower Rates in 2024

Florida's recent insurance reforms drive new property insurers into the market, lowering homeowners and auto insurance rates and reducing litigation.

Verisk Reports $152B Global Annual Catastrophe Loss, Frequency Perils Intensify

Verisk's 2025 report shows global modeled insured catastrophe losses have increased to $152B annually, driven by frequency perils like thunderstorms and wildfires. Insurance professionals must adapt risk strategies to these evolving challenges.

Tom Brown Leads Marsh McLennan Agency Mid-Atlantic with Strong Heritage and Growth

Tom Brown, chairman of Marsh McLennan Agency Mid-Atlantic, leads a growing regional insurance operation with deep family roots and diversified business interests in Virginia.

Verisk Reports $152B Global Annual Property Loss from Natural Catastrophes in 2025

Verisk's 2025 report reveals global insured property losses from natural catastrophes have risen to $152B annually, driven by frequent severe events. Insurers must adjust risk models and strategies to manage growing catastrophe exposures effectively.