Progressive Tops U.S. Auto Insurance Market in 2024 with 16.4% Share
Progressive Insurance leads U.S. auto insurance market in 2024 with 16.4% share, surpassing State Farm. DPW growth highlights sector competition.
Progressive Insurance leads U.S. auto insurance market in 2024 with 16.4% share, surpassing State Farm. DPW growth highlights sector competition.
Extreme heat in the eastern U.S. is causing power grid strains and blackouts, with utilities issuing alerts and urging energy conservation during peak demand.
The U.S. insurance industry is set for robust growth in 2025 fueled by better pricing, catastrophe-driven renewals, and technology investments. Sector outperforms broader markets as companies focus on underwriting, premium hikes, and operational efficiency.
Research shows carbon underwriting policies significantly reduce coal mine insurance coverage, impacting production, employment, and mine viability, with European insurers leading reform efforts.
Kingstone Companies increases 2025/2026 catastrophe reinsurance limit by 57%, incorporating a $125 million cat bond under Rule 144A, optimizing coverage cost and supporting growth.
A 2024 Nationwide survey exposes technology gaps in annuity sales and highlights efforts to enhance fintech adoption among U.S. financial professionals for streamlined client services.
The global health insurance market is set to grow rapidly to $4.45 trillion by 2032, led by Asia-Pacific expansion and increased healthcare spending, while emerging markets show low insurance coverage rates.
Top U.S. insurers including Blue Cross Blue Shield, Humana, Cigna, and UnitedHealthCare pledge to streamline prior authorization by 2027, improving patient access and reducing provider burden.
Major US health insurers commit to streamlining prior authorization to speed medical approvals and reduce patient/provider friction by 2027.
Tariffs on medical imports have led U.S. health plans to plan premium increases for 2025 due to rising drug and device costs, impacting payer pricing strategies and market outlooks.