INSURASALES

Georgia Tort Reform and Market Shifts Influence US Insurance Landscape

Explore how Georgia's tort reform, manufacturing tariffs, automotive regulations, and AI advancements are shaping the U.S. insurance industry landscape in 2024.

U.S. P&C Insurance Combined Ratios Hit Decade Low Amid Rising Costs and Digital Shift

U.S. property and casualty insurance industry sees best combined ratio in over a decade in 2024, driven by better personal lines underwriting and digital sales growth, despite rising auto repair costs and inflationary pressures from tariffs.

U.S. Healthcare and Insurance Update: Rural Access, Medicaid Policy, and Drug Regulation

Comprehensive update on critical U.S. healthcare and insurance issues including Medicaid policy, rural hospital challenges, Medicare Advantage scrutiny, FDA drug approvals, and public health dynamics.

TD Cowen Downgrades UnitedHealth Amid Rising Risk and Regulatory Uncertainty

TD Cowen lowers UnitedHealth stock rating and price target due to increased risk and regulatory issues in Medicare Advantage and Medicaid sectors, amid ongoing criminal investigation. Brokerages maintain an outperform stance with long-term valuation upside noted.

Manufacturers Life Insurance Boosts Stake in Calavo Growers Amid Insider Buying Surge

Manufacturers Life Insurance increases Calavo Growers stake as insiders and institutions show growing confidence. Key financial metrics and shareholder returns detailed.

Louisiana Senate Advances Insurance Bill with Debate Over Rate Hike Authority

Louisiana Senate advances House Bill 148, sparking debate over expanding Insurance Commissioner Tim Temple's authority to reject auto insurance rate hikes amid rising premiums.

IAG to Acquire RAC WA Insurance Business, Adding $1.5B to GWP

Insurance Australia Group (IAG) will acquire the RAC WA insurance business for $1.35 billion, boosting its gross written premium by $1.5 billion. The deal, pending ACCC approval, includes a 20-year exclusive distribution and brand licensing agreement.

Louisiana Moves to Governor-Appointed Insurance Commissioner to Reduce Political Influence

Louisiana Senate approves bill to shift insurance commissioner from elected to governor-appointed position, aiming to reduce political influence and improve industry oversight.

Launch Underwriters Names Former MS Transverse Executive as CEO

Launch Underwriters, an MGA platform, appoints a former MS Transverse executive as CEO, expanding its leadership with industry veterans to enhance insurance operations.

KATES Detective & Security Services Files Lawsuit Over Negligent Insurance Procurement

KATES Detective & Security Services Agency files lawsuit against insurance brokers for negligent insurance procurement, underscoring risks in corporate insurance coverage and broker responsibilities.