U.S. Auto Insurance Rates Expected to Rise 7.5% in 2025
US auto insurance premiums are projected to increase 7.5% in 2025 due to claims from natural disasters, repair cost inflation, and market dynamics, with notable regional variations.
US auto insurance premiums are projected to increase 7.5% in 2025 due to claims from natural disasters, repair cost inflation, and market dynamics, with notable regional variations.
Louisiana tackles high insurance premiums with legislative legal reforms aimed at reducing claim abuses and balancing insurer protections.
Southwest Airlines ends decades of free checked bags, introducing new baggage fees, assigned seating, and updated safety policies amid financial restructuring and investor pressure.
Travelers is selling its Canadian personal and most commercial insurance businesses to Definity Financial for $2.4 billion, closing expected in 2026. The move reflects strategic focus amid wildfire losses.
The near completion of a major dam in Round Rock, Texas, aims to reduce flood risks for over 1,000 homes and influence FEMA floodplain assessments, impacting homeowners' insurance rates.
An investigation reveals claims of unrequested insurance policy cancellations by Farmers Insurance in California, affecting senior clients and raising compliance concerns. Industry professionals should note implications for customer communication and regulatory oversight.
Explore how hailstorms impact U.S. rooftop solar systems and insurance coverage essentials to protect renewable energy investments amid rising severe weather events.
Florida's Senate Bill 180 aims to speed hurricane recovery but may increase flood insurance costs by restricting home elevation and stricter building codes, affecting thousands of homeowners and insurance markets.
Rising inflation, tariffs, and financial stress lead many Americans to reduce car insurance coverage despite legal risks, driving significant shifts in insurance market trends and consumer behavior.
Texas enacts Senate Bill 1238 to end the insurance 'widow penalty,' preventing rate hikes for surviving spouses on auto and home insurance. Effective Sept 2025.