INSURASALES

Global Insurance Industry Reassesses Risk Amid Israeli Offensive on Iran

Global insurers adjust war risk exposures and premiums as Israeli military operations against Iran disrupt aviation and maritime sectors, impacting global insurance markets and risk management strategies.

U.S. Pet Insurance Faces Sustainability Challenge, Shifts Toward Ecosystem Models

U.S. pet insurance faces high claims ratios threatening sustainability. Industry shifts toward integrated pet wellness ecosystems and digital innovation to enhance value and mitigate risks.

Charleston Dockside Apartments Face $151M Repair Costs Without Insurance Coverage

Dockside Apartments in Charleston confront a $151M repair bill due to missing HOA insurance coverage, highlighting insurance denial issues and homeowner financial risks.

Washington Auto Insurance Rate Increases Slowing in 2025

Washington auto insurance rate increases are slowing, with projected 1.8% rise in 2025 after prior high jumps. Regulatory review ensures rates align with claims costs.

Florida Property Insurance Rates Show Slow Stabilization Amid Cost Pressures

Explore the latest insights on Florida's property insurance market, where premium rates face ongoing pressures despite legislative reforms aimed at market stabilization and increased competition.

Louisiana 2025 Budget and Insurance Reforms Address Homeowners and Auto Challenges

Louisiana's 2025 legislative session concluded with key budget approvals and insurance reforms including tax credits for fortified roofs, auto insurance penalties, and measures affecting homeowners and commercial vehicle insurance.

Hippo Holdings Outlines Growth and Profitability Roadmap Through 2028

Hippo Holdings reveals a detailed growth and profitability plan through 2028, leveraging technology and a partnership with Baldwin Insurance Group to expand its homeowners and new home insurance offerings.

St. Louis Suspends Insurance Escrow Holdback for Tornado-Damaged Properties Until 2026

St. Louis suspends a 25% insurance escrow holdback on tornado-damaged properties, speeding access to full payouts through December 2026. Regulatory change supports property recovery efforts after the May 16 tornado.

Virginia Considers Eliminating Vehicle Personal Property Tax Amid Funding Concerns

Virginia officials and gubernatorial candidates consider ending the state's vehicle personal property tax, balancing taxpayer relief with $2.5 to $3 billion local revenue loss concerns.

North Carolina Sets 5% Average Auto Insurance Rate Increase Effective Oct. 1

North Carolina announces a 5% average auto insurance premium increase starting October 1 after a regulatory settlement, with a notable 16.3% decrease in motorcycle liability insurance rates statewide.