INSURASALES

Tag: Insurance Market

Stephen Weinstein Leads Mangrove Property Insurance with Agent Partnership Focus

Stephen Weinstein, founder and CEO of Mangrove Property Insurance, emphasizes building strong partnerships with independent agents to drive growth and collaboration in the insurance sector.

Florida Homeowners Insurance Market Stabilizes with New Insurers and Legislative Reforms

Discover how Florida's homeowners insurance market is stabilizing with new insurers entering post-Hurricane Ian and recent legislative reforms reducing litigation and rate pressures.

Selective Insurance Group Q2 Earnings Miss Drive 19% Share Drop Amid Social Inflation

Selective Insurance Group’s Q2 earnings fell short of expectations due to a combined ratio above 100%, driven by social inflation affecting casualty reserves. Shares dropped 19%, signaling market concerns over underwriting losses and claims cost pressures in the property and casualty insurance sector.

UnitedHealth Group Faces DOJ Probe into Medicare Advantage Coding Practices

UnitedHealth Group is under DOJ investigation for Medicare Advantage billing practices. The company cooperates with probes on risk adjustment and compliance in health insurance.

Medical Professional Liability Insurance Market to Reach $33.7B by 2031

The medical professional liability insurance market is projected to grow from $12.5B in 2021 to $33.7B by 2031, with Asia-Pacific leading growth and advances in claims automation driving adoption.

Q2 Auto Insurance Shopping Dips; Consumer Switching Increases

Q2 auto insurance shopping declines slightly as consumer switching rises, driven by risk-based pricing and bundled policyholders. Northeast shows highest shopping activity.

SBI Life Insurance Q1 FY26: Margin Expansion and Strategic Repositioning

SBI Life Insurance's Q1 FY26 results reveal a strategic product mix shift driving VNB margin growth amid cost discipline and regulatory vigilance in India's insurance sector.

AultCare to End ACA Individual and Small Group Plans After 2025

AultCare will stop offering individual and small group ACA plans after 2025 due to uncertainty over premium tax credits, continuing Medicare Advantage and group coverage.

End of Enhanced ACA Premium Tax Credits Could Double Individual Market Costs

The expiration of enhanced ACA premium tax credits may double health insurance costs in the individual marketplace, impacting affordability for many consumers.

Western North Carolina Faces Financial and Healthcare Challenges Post-Helene Storm

Post-Helene storm, Western North Carolina confronts significant healthcare, funding, and economic challenges due to federal Medicaid cuts, SNAP reductions, and rising insurance costs.