INSURASALES

Independent Insurance Agents Drive Majority of U.S. Property and Casualty Premiums

Independent insurance agents place 62% of U.S. property and casualty premiums and 87% of commercial lines, leveraging diverse offerings and bundling advantages under regulatory compliance.

Lockton Names Chris DiLullo as U.S. Industry Practices Leader

Lockton appoints Chris DiLullo as first U.S. Industry Practices Leader to enhance sector-specific risk solutions across key industries.

Alkeme Expands Into Michigan with Crawford Insurance Group Acquisition

California-based private broker Alkeme has entered the Michigan market by acquiring Crawford Insurance Group, highlighting continued agency consolidation in the insurance sector.

Minnesota Auto Insurance Rates: Trends, Traffic Violations Impact, and City Comparisons

Explore detailed analysis of Minnesota auto insurance rates, including the effects of traffic violations and variations between cities. Learn about affordable liability and full coverage options.

Iowa Advances SF 619 to Strengthen Disaster Relief and Insurance Protections

Iowa's SF 619 bill enhances disaster relief by exempting assistance payments from taxes, funding relief, and protecting homeowners in insurance claims after 2024 tornadoes and floods.

Colorado's Proposed Insurance Fees Aim to Address Rising Homeowners Coverage Costs

Colorado proposes a 1% home insurance fee to fund hail damage mitigation and wildfire claim support, aiming to stabilize market and lower homeowners premiums.

North Dakota House Advances ACA-Compliant State Employee Health Plan

North Dakota's House passes Senate Bill 2160 to shift state employee health insurance to an ACA-compliant plan, aiming to improve benefits flexibility and manage rising healthcare costs without increasing employee premiums.

Iowa Homeowners Face 19% Home Insurance Premium Hike Due to Severe Weather

Iowa homeowners will see a 19% surge in home insurance premiums driven by severe weather, insurer losses, and reinsurance challenges. Learn key market trends and mitigation strategies.

U.S.-China Trade Tariffs Impact Insurance, Markets, and Supply Chains

Explore the implications of U.S.-China trade tariffs on insurance, financial markets, and global supply chains amid ongoing negotiations and regulatory challenges.

NAIC Reports Increasing Concentration in US Auto Insurance Market 2024

The NAIC's 2024 report reveals growing concentration among US auto insurers, with the top five capturing 63.59% market share and total premiums rising to $359B. Key shifts impact industry competition and market dynamics.