INSURASALES

Tag: Insurance Market

Lemonade Targets $5 Billion Indiana Auto Insurance Market with AI-Driven Strategy

Lemonade expands into Indiana's $5B auto insurance market leveraging AI, telematics, and bundling strategies to drive premium growth and approach profitability by 2026.

Washington Report Finds Adult Family Home Liability Insurance Market Stable

The Washington State report finds the liability insurance market for adult family homes sustainable with stable premiums and loss ratios. It highlights insurer risk perceptions and offers strategies to enhance market appeal ahead of the 2026 legislative session.

Navigators Appoints Lynanne St. Denis to Lead Wholesale P&C Division

Navigators, a brand of The Hartford, names Lynanne St. Denis as head of wholesale property and casualty, marking a strategic leadership update in the U.S. insurance sector.

Medicaid Cuts in GOP Budget Bill Threaten Rural Healthcare and Coverage Gains

The GOP budget bill proposes Medicaid cuts that risk reversing coverage gains and strain rural healthcare systems, impacting millions including 660,000 in North Carolina.

Auto Insurance Profitability Rising Amid Customer Satisfaction Challenges

U.S. auto insurance premiums have surged over 50% since 2019, boosting insurer profits but causing customer satisfaction to decline. The J.D. Power 2025 study reveals retention challenges and the importance of seamless omnichannel experiences.

Aon Reports Record Global Reinsurance Capacity and Buyer-Friendly Midyear 2025 Market Conditions

Aon reports a global reinsurance capacity exceeding $720 billion in 2025, highlighting improved pricing, terms, and coverage amid record catastrophe bond issuance and robust reinsurer financial results, with regional market insights and outlook to 2026.

LIMRA Reports Decline in Workplace Insurance Sales Amid Early 2025 Economic Softening

LIMRA's Q1 2025 report shows a 16% decline in workplace life insurance and a 15% drop in disability insurance premiums, reflecting early 2025 economic softening.

Institutional Investors Increase Stakes in Bowhead Specialty Amid Positive Analyst Outlook

Bowhead Specialty Holdings sees increased institutional investment and favorable analyst ratings following strong Q1 earnings, highlighting growth in the specialty P&C insurance sector.

US Commercial P&C Market Most Favorable for Buyers in 5-6 Years

US commercial property and casualty insurance market offers most favorable buying conditions in over five years, with competitive pricing and improved terms, reports Lockton.

Illinois Shifts Health Insurance Enrollment; Tax Credit Changes Loom

Illinois will switch healthcare enrollment to a state-based exchange this fall, with tax credit reductions and Medicare Advantage plan changes impacting consumers and carriers alike.