INSURASALES

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.

Florida Lawmakers Consider Sustainable Property Tax Cuts Ahead of 2025 Vote

Florida lawmakers and officials explore property tax reduction strategies balancing homeowner relief with local government revenue needs ahead of a 2025 constitutional vote.

NEIC Launches Modernized Personal Lines Insurance Powered by No-Code Platform

New England Indemnity Company launches modernized personal lines insurance in New Hampshire using INSTANDA's no-code platform and ReSource Pro's tech services to enhance agility and efficiency.

Q2 Earnings Highlight Mixed Results for U.S. Property & Casualty Insurers

Q2 earnings season reveals mixed but generally positive results for leading U.S. property and casualty insurers, highlighting key industry trends and stock performances.

Insurity Survey Reveals Rising Consumer Demand for Enhanced Severe Weather Coverage in P&C Insurance

Insurity's 2025 survey highlights a significant increase in U.S. policyholders willing to pay more for stronger severe weather protection, emphasizing the need for insurers to innovate in coverage and claims technology.

Rising Homeowners Insurance Costs Transform U.S. Housing Market Dynamics

Rising homeowners insurance costs driven by climate risks reshape the U.S. housing market. AI and tech innovations enhance risk management amid market imbalances.

Michigan Housing Markets Highlighted in 2025 National Buyer-Friendly Rankings

Explore how Michigan's housing markets rank nationally for buyer-friendly conditions in 2025 amid increased inventory and economic challenges.

Texas Homeownership Costs Rise in 2024 Despite Property Tax Relief

Texas homeowners in 2024 faced rising overall homeownership costs despite a 6.6% drop in property taxes, driven by higher insurance and utilities expenses. Rent growth slowed but remains elevated, with income growth lagging behind.