INSURASALES

Tag: Insurance Industry

US Insurance Sector Faces Customer Satisfaction Challenges Across Major Segments

Explore the latest data on customer satisfaction challenges facing major U.S. insurance companies across property, life, and health insurance sectors, highlighting trends and company rankings in 2023.

Insurance Agent Paul Bellefeuille Receives 2025 Frank Maratta Award

Paul Bellefeuille, an insurance risk agent from Vermont, received the 2025 Frank Maratta Award for contributions to auto racing history in New England, highlighting industry-community partnerships.

Porch Group Advances Homeowners Insurance Via Tech And Data Strategy

Porch Group, Inc. is enhancing homeowners insurance by integrating vertical software, proprietary data, and homebuyer services, engaging investors to support its tech-driven growth strategy.

Illinois House Rejects Homeowners Insurance Rate Regulation Bill

Illinois House rejects bill to empower Department of Insurance to regulate homeowners insurance rates amidst rising premiums and regulatory debates.

Study Finds Surging Liability Insurance Deficits Driven by Rising Claims Costs

Triple-I and CAS study reveals liability insurance deficits between $231.6B and $281.2B over 2015-2024 due to rising claims costs and legal system factors, exceeding standard inflation.

Illinois House Rejects Bill to Regulate Homeowners Insurance Rates

Illinois lawmakers reject a bill granting the Department of Insurance authority to regulate homeowners insurance rates amid industry concerns and State Farm's significant rate increases.

U.S. Insurance Industry Reports Record $3.3 Trillion Performance Amid Market Challenges

The Federal Insurance Office reports record $3.3 trillion U.S. insurance premiums in 2024, highlighting strong life and health and property/casualty sectors amid investment gains and market challenges.

Pacific Life Expands in Charlotte with $12.3M Investment, 301 New Jobs

Pacific Life commits $12.3 million to open a new Charlotte office, creating 301 jobs in actuarial, finance, technology, and HR roles. The expansion supports Charlotte's growing reputation as a financial services hub with $5.5M in state tax incentives.

Pacific Guardian Life Reaches $2M Settlement in 2023 Cybersecurity Breach Class Action

Pacific Guardian Life settles $2 million class action over August 2023 data breach exposing sensitive customer data. Eligible claimants may receive up to $2,020. Claim deadline Dec 21, 2025.

Globe Life Reports Q3 2025 Earnings With Strong Underwriting and Investment Results

Globe Life delivers strong Q3 2025 financial results with increased net income and underwriting income driven by life and health insurance growth and stable investment yields.