NJ Flash Floods Trigger Surge in Insurance Claims Amid Rising Premiums
New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.
New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.
Travelers reports a 185% increase in Q2 2025 net income, driven by lower catastrophe losses, improved underwriting results, and premium growth across key insurance segments. Combined ratio improves to 90.3%, with strong return on equity and ongoing capital returns.
Texas homeowners confront rising insurance premiums and policy cancellations as insurers withdraw coverage due to escalating natural disaster risks, impacting market stability and coverage availability.
Rising living costs and recession fears are causing Americans to reduce auto and home insurance coverage, with significant rate hikes expected in 2025 by major insurers.
Study reveals significant growth in payer-operated physician practices in Medicare primary care from 2016-2023, led by Optum with market trends linked to Medicare Advantage penetration and regional factors.
Clover Health launches a New Jersey pharmacy pilot targeting medication adherence and hospitalization cuts to improve Medicare Advantage margins and unlock growth potential.
Explore key trends in U.S. commercial liability insurance premiums, capacity shifts, risk retention strategies, and underwriting challenges amid rising court settlements and market pressures.
Barclays cuts price target on F&G Annuities & Life following mixed quarterly earnings. Explore insights on stock performance, insider trades, and institutional ownership in the insurance sector.
Alignment Healthcare successfully raises its Arizona HMO star rating from 3.5 to 4 stars after a federal court ruling, impacting Medicare Advantage member care and CMS bonus payments.
Lemonade accelerates car insurance growth by expanding into Indiana, now covering 42% of the U.S. market with AI-driven auto coverage and tech-focused products.