INSURASALES

State Farm Receives Interim Approval for 17% California Home Insurance Rate Hike

State Farm obtains interim approval for a 17% rate increase on California home insurance policies due to wildfire claims and shrinking surplus. Further hearings will assess final rate legality and consumer protections.

Institutional Investors Adjust Stakes in Ambac Financial Group Amid Mixed Earnings

Ambac Financial Group sees varied institutional investor activity with recent stake adjustments amid mixed quarterly earnings results. The specialty insurance firm's financial metrics highlight market and operational challenges.

Institutional Investors Increase Holdings in Invesco KBW Property & Casualty Insurance ETF

Institutional investors including Cetera Investment Advisers and Kingsview Wealth Management significantly increased their stakes in Invesco KBW Property & Casualty Insurance ETF, reflecting growing interest in the U.S. property and casualty insurance equities sector.

Impact of Tesla and Waymo Robotaxis on Berkshire Hathaway's GEICO Insurance Business

Explore how Tesla and Waymo's autonomous vehicle technologies could disrupt Berkshire Hathaway's GEICO auto insurance business, and what it means for the insurance industry and investors.

Insurtech Funding Surges 90% in Q1 2025 Fueled by AI Adoption

Insurtech funding surged 90% in Q1 2025, driven by AI-powered platforms transforming property and casualty insurance. Discover key trends and market insights.

Berkley One Classics Relaunches Collector Vehicle Insurance in Arizona and Michigan

Berkley One Classics relaunched its collector vehicle insurance in Arizona and Michigan with lower rates, enhanced coverage, and new customizable endorsements for vintage car collectors.

Swiss Re Q1 2025: 16% Net Income Growth Amid Revenue Decline and Catastrophe Losses

Swiss Re reports 16% net income increase in Q1 2025 despite an 11% insurance revenue decline and significant catastrophe losses, backed by strong underwriting and investment results.

Georgia Tort Reform and Market Shifts Influence US Insurance Landscape

Explore how Georgia's tort reform, manufacturing tariffs, automotive regulations, and AI advancements are shaping the U.S. insurance industry landscape in 2024.

U.S. P&C Insurance Combined Ratios Hit Decade Low Amid Rising Costs and Digital Shift

U.S. property and casualty insurance industry sees best combined ratio in over a decade in 2024, driven by better personal lines underwriting and digital sales growth, despite rising auto repair costs and inflationary pressures from tariffs.

Louisiana Senate Advances Insurance Bill with Debate Over Rate Hike Authority

Louisiana Senate advances House Bill 148, sparking debate over expanding Insurance Commissioner Tim Temple's authority to reject auto insurance rate hikes amid rising premiums.