INSURASALES

Tariffs on Construction Materials Could Raise U.S. Home Insurance Premiums in 2025

Tariffs on imported construction materials are projected to raise U.S. home insurance premiums by $106 on average in 2025, impacting rebuilding costs and coverage requirements nationwide.

Florida Enacts New Regulatory Framework for Pet Insurance and Wellness Programs

Florida's House Bill 655 introduces comprehensive regulations for pet insurance and wellness programs, enhancing disclosure requirements and marketing practices from 2024.

California FAIR Plan Faces Rising Claims and Scrutiny After Los Angeles Wildfires

The California FAIR Plan sees a surge in wildfire claims and policyholders after LA fires amid private insurer withdrawals, facing financial strain and legal scrutiny.

Rising Fixed-Term Annuity Rates Reflect Market and Economic Shifts

Fixed-term annuity rates have risen due to higher bond yields and interest rates, influencing retirement income options and market competition in the insurance sector.

Chubb Q1 2025 Earnings Impacted by California Wildfires Amid Underwriting Growth

Chubb's Q1 2025 earnings declined due to $1.64B in catastrophe losses from California wildfires. However, underwriting income rose excluding catastrophes with premium growth across P&C and life segments.

Life Insurers Launch $4M Ad Campaign Amid Republican Tax Cut Discussions

The American Council of Life Insurers launches a $4 million campaign to highlight life insurers' economic role amid GOP tax cut deliberations, emphasizing job creation and investment.

UnitedHealth Lowers 2025 Revenue Forecast as Medicare Advantage Use Rises

UnitedHealth Group lowers its 2025 revenue forecast due to increased Medicare Advantage plan usage, signaling shifts in health insurance market trends and consumer preferences.

Washington Enacts Law Barring Medical Debt from Credit Reporting

Washington State's new law prohibits medical debt from being reported to credit agencies, protecting consumers from credit score damage due to healthcare costs.

Star Health Insurance Partners with Sunrisers Hyderabad for 2025 T20 League

Star Health Insurance teams up with Sunrisers Hyderabad for T20 League 2025 to promote health insurance and wellness in India's sports market.

Campbell County School Board Resolves Health Insurance MOU Signature Dispute

Campbell County School Board in Tennessee resolved a dispute over the signing of a health insurance memorandum of understanding, clarifying fiscal officer roles to maintain employee benefits compliance.