INSURASALES

Tag: Insurance Market

FCCI Expands Excess and Surplus Insurance Coverage Nationwide

FCCI Insurance Group expands excess and surplus insurance with new property, inland marine, and crime coverage across all operating regions, enhancing E&S product offerings.

U.S. P&C Insurance Faces Moderate Growth Amid Risks; NJ Workers’ Comp Costs Rise

The U.S. P&C insurance sector anticipates modest premium growth with risks from tariffs, catastrophe losses, and reserve challenges, while New Jersey's rising workers’ compensation medical costs prompt regulatory and market responses.

Medicaid Reform Debate Intensifies Amid Federal Budget Concerns

Explore the ongoing debate over Medicaid reform as federal spending projections soar and lawmakers face pressure to implement cost-control measures amid rising healthcare costs.

Patriot Select Enters South Florida Home Insurance Market

Patriot Select, a new home insurer based in St. Petersburg, begins operations in South Florida, expanding options beyond the state's insurer of last resort.

Medicaid Expansion Rollback Could Increase Mortality, Analysis Finds

Analysis warns that reducing Medicaid expansion federal match could lead to 34,200 more deaths annually as states consider dropping expansions. Key legislative developments and budget impacts explored.

Potential Medicaid Expansion Rollback Could Increase Mortality, Analysis Finds

Analysis shows reducing federal match for Medicaid expansion may cause 34,200 more deaths annually if states cut coverage. Legislative action by Republicans under review.

North Texas Homeowners Face 22% Insurance Premium Increase in 2024

North Texas homeowners see a 22% rise in insurance premiums in 2024 driven by increased storm claims and rising material costs, impacting mortgage affordability and lending.

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.

AI Digital Twins and Generative Ghosts: Transforming Afterlife and Estate Planning

Explore how AI digital twins and generative ghosts are reshaping afterlife interaction, estate planning, and life insurance implications in the evolving U.S. market.

Elevance Health Lowers Profit Outlook Despite Strong Q1 Revenue Growth

Elevance Health lowers full-year profit forecast despite Q1 revenue growth driven by higher premiums and membership gains in Medicare Advantage and ACA.