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.
Federal Cuts Reduce Caseworker Support for ACA Enrollees Amid Policy Changes
Federal workforce cuts have reduced caseworker support for ACA enrollees, complicating resolution of health coverage issues as new rules increase complexity.
Life Insurance Premiums Up 2% in March Amid Declining Policy Numbers
Life insurance premiums in India rose 2% year-over-year in March, with mixed performance across major insurers including LIC, HDFC Life, and ICICI Prudential. Total policy numbers declined nearly 19%.
State Farm Leads U.S. Auto Insurance Market in 2025 with $68B Premiums
State Farm dominates the 2025 U.S. private passenger auto insurance market with $68B in premiums, ahead of Progressive Group. Key developments include a shift in auto glass claims administration to Safelite Solutions, influencing service provider dynamics.
MS&AD Plans $1.18B Profit Surge and $5B Investment to Boost North American Insurance Growth
MS&AD Insurance Group targets $1.18B net profit in North America by 2025 with a $5B investment plan and a strategic merger of non-life units to enhance governance and competitive position.
AM Best to Present on U.S. and Canada Property/Casualty Insurance Outlook at CAS Meeting
AM Best to discuss key insurance market and regulatory outlooks for U.S. and Canada at Casualty Actuarial Society 2025 Spring Meeting.
NAIFA Advocates for Tax Cuts Extension and Regulatory Stability in Insurance
NAIFA prioritizes extending key Tax Cuts and Jobs Act provisions impacting life insurance and small business tax benefits, opposing C-SALT deduction limits, and promoting regulatory stability in Medicare and insurance markets.
Effective Strategies for Selling Group Long-Term Care Insurance
Explore strategic insights and expert advice for insurance professionals on selling group long-term care insurance, tackling challenges, and navigating market complexities.
U.S. Insurance Industry Faces Major Talent Shortage Amid Rising Retirements
The U.S. insurance industry is confronting a significant talent shortage as nearly 400,000 professionals retire, with a projected 6% job growth exacerbating the gap. Industry leaders face challenges in recruitment, retention, and compliance.
U.S. Insurance Sector Faces Growing Talent Shortage amid Rising Job Openings
The U.S. insurance industry faces a significant talent shortage with nearly 400,000 professionals retiring soon and job openings growing 6% over the next decade, highlighting the need for strategic recruitment and technological innovation.