INSURASALES

North Dakota Enhances Insurance Violation Penalties with HB 1088

North Dakota's new HB 1088 law increases penalties for insurance violations, empowering the Insurance Commissioner with expanded enforcement and restitution authority, impacting insurer compliance obligations.

NAMIC Report Clarifies AI Myths in Insurance Pricing and Regulation

NAMIC report dispels common myths about AI use in insurance, emphasizing the need for industry-specific regulation and the benefits of accurate risk-based pricing to promote competition and consumer access.

Strategies for Seniors to Reduce Auto Insurance Premiums

Explore effective strategies for seniors to reduce auto insurance premiums including deductible adjustments, coverage reviews, defensive driving courses, and credit improvements.

U.S. Home Insurance Market Shows Premium Growth and Improved Profitability in 2024

In 2024, U.S. home insurance premiums rose 13.7% to $152 billion, with notable loss ratio improvements for insurers like State Farm and Liberty Mutual, indicating enhanced profitability and underwriting effectiveness in the property and casualty market.

Utah Leads U.S. Homeowners in Rising Insurance Premiums Amid Market and Climate Risks

From 2021 to 2024, Utah homeowners saw nearly $700 average annual insurance premium increases amid climate risks and housing affordability challenges. This report highlights regulatory and market trends shaping property insurance.

Orion180 and Jewelers Mutual Partner to Enhance Jewelry Coverage for Homeowners

Orion180 collaborates with Jewelers Mutual to offer enhanced jewelry insurance coverage for homeowners, integrating specialized protection for high-value items within homeowners policies across multiple states.

Rising Demand for Licensed, Insured Handypersons Highlights Risk Mitigation in Home Repairs

Explore the insurance implications and regulatory context of the expanding handyman and property maintenance market, emphasizing licensing, liability insurance, and consumer protection strategies for home repairs.

Transatlantic Underwriters Expands into Property-Casualty Insurance Lines

Transatlantic Underwriters broadens insurance offerings beyond transportation, adding six new property-casualty lines including general liability and commercial property coverage.

Xceedance Strengthens Operations, Expands AI Capabilities for Insurance Growth

Xceedance appoints Subramanian Sankaran as global COO to drive operational excellence and expands capabilities through strategic acquisitions and AI investments in property, casualty, life, and health insurance sectors.

FCCI Insurance Group Expands Excess & Surplus Coverage Across All Regions

FCCI Insurance Group expands Excess & Surplus coverage to all regions, enhancing E&S offerings with property, inland marine, and crime coverages packed with general liability to serve hard-to-place risks efficiently.