INSURASALES

Liberty Mutual Drops Coverage Lawsuit Against Mars Over Marketing Practices

Liberty Mutual withdrew its lawsuit seeking to deny insurance coverage for Mars in a case about marketing ultra-processed foods to children, highlighting complex insurance coverage issues on intentional misconduct claims.

Rising Homeowners Insurance Premiums Deepen U.S. Housing Affordability Challenges

Homeowners insurance premiums have surged 24% from 2021 to 2024, driven by extreme weather events and rising rebuilding costs, exacerbating U.S. housing affordability challenges for buyers and owners alike.

Progressive Leads Growth and Marketing Innovation in Competitive U.S. Auto Insurance Market

Progressive's strong Q1 earnings and innovative marketing position it as a leader in the competitive U.S. auto insurance market. Learn how its premium growth and product expansion set it apart.

Mercury Insurance Links Safe Driving to Auto Insurance Savings

Mercury Insurance highlights the impact of safe driving on reducing accidents and lowering auto insurance premiums, emphasizing driver responsibility and risk management strategies.

Texas Moves to Tighten Regulation on Property Insurance Rate Increases

Texas legislators propose a bill requiring insurers to get state approval before raising homeowners insurance rates, responding to rising premiums linked to natural disasters. The bill aims to replace the file-and-use system with stricter regulatory oversight.

The Hartford Insurance Group Q1 2025 Financial Results Showcase Stability

The Hartford Insurance Group reports strong Q1 2025 earnings with $630M net income, stable capital, and solid insurance segment performance.

Vermont Registers 16 New Captive Insurance Companies in Q1 2025

Vermont sees registration of sixteen new captive insurance companies in Q1 2025, raising total licensed captives to 1,378. Key management firms involved in this expansion.

The Hartford Q1 2025 Earnings Reflect Catastrophe Loss Impact Amid Premium Growth

The Hartford's Q1 2025 earnings show a 16% decline in net income due to catastrophe losses, with a 9% growth in property and casualty premiums and stable underwriting performance.

Georgia Tort Reform Expected to Lower Insurance Premiums by 3-5%

Georgia's new tort reform laws SB68 and SB69 are anticipated to reduce insurance premiums by 3-5%, with the insurance commissioner promising strict oversight on rate filings and insurer practices.

Mercury Insurance Highlights Safe Driving's Impact on Auto Insurance Savings

Mercury Insurance links safe driving behaviors to potential auto insurance savings, emphasizing risk mitigation and regulatory considerations in underwriting.