North Carolina homeowners face up to 15% base rate increases over two years following a negotiated settlement balancing insurer costs and consumer protection. Rates vary regionally and reflect recent hurricane impacts and market conditions.
New York faces significant health insurance premium hikes and coverage losses from proposed federal legislation eliminating enhanced tax credits and cutting healthcare funding.
The global supplemental health insurance market is forecasted to grow 5.8% by 2034, driven by aging populations and rising healthcare costs. Major U.S. insurers are expanding product offerings amid regulatory and market challenges.
The 2025 U.S. commercial P&C insurance market navigates record catastrophe losses, rising premiums, and evolving underwriting amid inflation and regulatory shifts.
HCI Group finalizes expanded catastrophe reinsurance program for 2025-2026 treaty year with over $3.5 billion coverage across three towers, supporting Florida and national insurance policies.
The US commercial P&C insurance market faces elevated catastrophe losses in 2025, with wildfire intensity and material costs impacting underwriting, premiums, and availability. Stable capital and competitive renewals present opportunities amid ongoing challenges.
In Q1 2025, U.S. life insurance premiums increased 8% driven by strong gains in indexed and variable universal life products, while term and fixed universal life showed declines, reflecting shifting consumer preferences and economic impacts.
Federal Reserve data shows 7% of U.S. homeowners are uninsured due to high property insurance costs, highlighting market and regulatory challenges.
US auto insurance premiums are projected to increase 7.5% in 2025 due to claims from natural disasters, repair cost inflation, and market dynamics, with notable regional variations.
House Republicans pass budget bill enacting largest Medicaid cuts in U.S. history, adding tax breaks for the wealthy and increased immigration enforcement funding. Impact on healthcare premiums and federal deficit noted.
