INSURASALES

Mountain Life Insurance Expands to Ohio, Now Serving 16 States

Mountain Life Insurance Company expands into Ohio, enhancing its life insurance and annuity offerings across 16 states with a focus on operational excellence and policyholder value.

AM Best Upgrades Lincoln Heritage Life Insurance Company's Credit Ratings to A

AM Best elevates Lincoln Heritage Life Insurance's credit ratings to A, driven by strong underwriting results and improved capital metrics post-pandemic.

UnitedHealth Group Faces DOJ Probe into Medicare Advantage Coding Practices

UnitedHealth Group is under DOJ investigation for Medicare Advantage billing practices. The company cooperates with probes on risk adjustment and compliance in health insurance.

Bill Proposed to Permanently Extend ACA Enhanced Premium Tax Credits

Congresswoman Kristen McDonald Rivet co-sponsors bill to make ACA enhanced premium tax credits permanent, aiming to prevent a $700 average premium increase in Mid-Michigan. Legislative effort targets health insurance cost stabilization.

Medical Professional Liability Insurance Market to Reach $33.7B by 2031

The medical professional liability insurance market is projected to grow from $12.5B in 2021 to $33.7B by 2031, with Asia-Pacific leading growth and advances in claims automation driving adoption.

Q2 Auto Insurance Shopping Dips; Consumer Switching Increases

Q2 auto insurance shopping declines slightly as consumer switching rises, driven by risk-based pricing and bundled policyholders. Northeast shows highest shopping activity.

DisplayRide Launches 500-Vehicle Pilot to Combat NYC Vehicle Insurance Fraud

DisplayRide, with partners American Transit Insurance, NYSFTB, and NYAB, launches a 500-vehicle pilot to combat widespread vehicle insurance fraud impacting NYC's large fleet vehicles.

Michigan Leads with Jeep Grand Cherokee Most Stolen Vehicle in 2024

In 2024, Michigan's Jeep Grand Cherokee tops the list of most stolen vehicles, underlining regional vehicle theft trends and highlighting advanced theft methods impacting insurance and prevention.

Strategies to Reduce High Homeowners Insurance Costs in Detroit

Explore practical strategies for Detroit homeowners to reduce high homeowners insurance premiums, including brokerage advantages, bundling discounts, and Michigan Basic plan options.

Florida's Slide Insurance CEO Compensation Draws Scrutiny Amid Rising Homeowners Premiums

Slide Insurance CEO and COO received $37.7 million combined amid rising homeowners premiums in Florida, raising regulatory and consumer concerns over executive compensation and market impacts.