INSURASALES

Tag: Insurance Industry

F&G Annuities & Life Added to Russell 2000 Defensive Index

F&G Annuities & Life, Inc. has been added to the Russell 2000 Defensive Index, highlighting its growing role in the insurance sector and defensive stock market segment.

Supreme Court Upholds ACA Preventive Care Coverage, Influencing Healthcare Investments

The Supreme Court's 2025 ruling affirms ACA preventive service coverage, shaping pharmaceutical, diagnostic, and insurance sector investments amid evolving HHS regulations.

TruStage Launches Flexible ZoneChoice Advantage Annuity for Retirement Planning

TruStage introduces the ZoneChoice Advantage Annuity, featuring innovative crediting strategies Boost and Dual Step, enhancing retirement planning flexibility and market stability for investors.

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Nationwide Survey Reveals Digital Gaps and Opportunities in Annuity Sales

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.

Frankenmuth Insurance Maintains AM Best A (Excellent) Rating in 2025

Frankenmuth Insurance upholds its AM Best Financial Strength Rating of A (Excellent) for 2025, reflecting sustained stability and reliability in property and casualty insurance.

Hippo Holdings Outlines Growth and Profitability Roadmap Through 2028

Hippo Holdings reveals a detailed growth and profitability plan through 2028, leveraging technology and a partnership with Baldwin Insurance Group to expand its homeowners and new home insurance offerings.

5Star Life Earns Forbes' Top Insurance Company Ranking for Third Year

5Star Life Insurance Company secures a place on Forbes' World’s Best Insurance Companies list for the third consecutive year, recognized for growth and customer service excellence in the U.S. life insurance market.

US Personal Auto Insurance Sees Profit Gains Amid Legal and Regulatory Challenges

The U.S. personal auto insurance industry reported improved underwriting results in 2024 with a net combined ratio of 95.3, driven by strong premium growth and loss control. However, legal system abuse and regulatory challenges pose ongoing risks to profitability and market stability.

Mercury Insurance Fortifies Risk Mitigation Team Amid Growing Climate Risks

Mercury Insurance appoints Steve Bennett to lead climate and catastrophe science efforts, focusing on risk mitigation strategies to sustain property and casualty insurance in high-risk areas affected by extreme weather events.