INSURASALES

Tag: Insurance Industry

Progressive's Strong Financial Fundamentals Contrast Recent Stock Price Decline

Progressive's stock fell 10.6% over six months despite strong 20.3% net premium growth and accelerating book value per share, highlighting robust fundamentals amid market volatility.

Utica National Recognized as Top Insurance Employer for Eighth Year

Utica National Insurance Group earns Top Insurance Employer status for eighth year, highlighting strong employee benefits and workplace culture in the property/casualty sector.

Q2 Earnings Highlight Mixed Performance and Market Resilience in Life Insurance

Review Q2 earnings for top U.S. life insurers including CNO, Corebridge, Prudential, highlighting market resilience amid interest rate shifts and competitive pressures.

Crump Life Appoints New Senior VP to Lead Advanced Sales Team

Crump Life Insurance Services appoints Caroline Brooks as Senior Vice President to lead their Advanced Sales team, enhancing expertise in advanced estate and wealth planning strategies.

Renaissance Expands Network with Evolution Partners Acquisition

Renaissance acquires Evolution Partners' agency network, enhancing market access and technology resources for independent insurance agencies, accelerating growth and profitability.

Tesla Cybertruck Faces Rising Insurance Challenges Amid Autonomous Vehicle Expansion

Tesla Cybertruck drivers encounter increasing insurance cancellations due to high repair costs and limited production, while Tesla advances autonomous vehicle operations with new hires.

CNA Elevates Executives to Lead Expanded Global Specialty and Commercial Segments

CNA promotes David Haas to president global specialty and names Michael Nardiello and Song Kim to expanded executive roles in property, casualty, and commercial segments.

Palomar Holdings Outperforms with Strong Growth and Profitability in Specialty Insurance

Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.

Global Natural Catastrophe Insured Losses Hit $80B in Early 2025

Natural catastrophe insured losses hit $80 billion in H1 2025, driven by record wildfires and severe storms. Swiss Re highlights wildfire risks, urbanization, and calls for improved mitigation strategies.

Increasing Trend of Outsourcing Investment Management Among U.S. Life/Annuity Insurers

AM Best reports a growing number of U.S. life and annuity insurers outsourcing investment management to asset managers, driven by private equity involvement and need for diversified expertise.