INSURASALES

California Wildfire Risks Drive Insurance Withdrawal and Market Strain

Explore how California's wildfire crisis is leading to insurance coverage losses, premium hikes, and new regulatory strategies impacting homeowners and insurers alike.

Insurance Sector Faces Downward Pressure Amid Market Rotation and Rising Risks

The insurance sector experiences stock declines influenced by rising natural disaster risks, legal challenges, and sector rotation, impacting property and health insurers' market dynamics in the U.S.

North Carolina Raises Auto Insurance Minimums, Extends Risk Period for New Drivers

North Carolina's SB 319 law increases auto insurance minimum coverage limits and extends the inexperienced driver period to eight years, impacting premiums and regulatory compliance starting July 2025.

Travelers Launches 'Travelers Across America' to Restore Historic Landmarks

The Travelers Companies partners with the National Trust for Historic Preservation to fund and restore historic landmarks across the U.S. as part of 250th anniversary celebrations, emphasizing insurance's role in community resilience.

Global Motor Insurance Market Forecasts Uptake of AI & Digital Innovation by 2032

Discover the global motor insurance market trends, AI-driven risk assessment, regulatory shifts, and regional insights shaping insurance innovation and growth through 2032.

AAA Issues Safety Advisory to Homeowners Ahead of July 4th to Reduce Insurance Claims

AAA warns of increased fire and property risks during July 4th celebrations, urging homeowners to follow safety tips to reduce insurance claims.

ZestyAI Secures $15M Credit Facility to Expand AI Risk Analytics in P&C Insurance

ZestyAI secures $15 million credit facility to accelerate AI-driven property and climate risk analytics in U.S. property and casualty insurance, enhancing underwriting and regulatory compliance.

YAS and JOIE Launch AI-Driven Usage-Based Insurance for Hybrid Taxis

YAS partners with JOIE to implement an AI-driven usage-based insurance platform for 1,000 hybrid and electric taxis, enhancing safety and operational efficiency.

Steady Federal Rates Sustain High-Yield Savings Account Advantages

Savings account APYs remain stable as Federal Reserve holds rates. High-yield savings and CDs offer strong returns above inflation, benefiting U.S. consumers and financial advisors alike.

Pennsylvania Proposes Major Increase in Auto Property Damage Coverage Minimums

Pennsylvania legislators propose raising auto insurance property damage liability minimums from $5,000 to $25,000 per accident, impacting insurer policy updates and pricing. Learn key details about House Bill 1666 and its market implications.