INSURASALES

Tag: Insurance Market

Florida Tort Reform Revitalizes Property Insurance Market, Reports Gallagher Re

Gallagher Re's report details how 2022-23 Florida tort reforms have improved property insurance market stability by reducing litigation costs and enhancing insurer profitability.

ACA Premium Tax Credit Expiration Could Trigger Major Coverage and Cost Shifts

The potential expiration of the ACA enhanced premium tax credit by the end of 2025 could lead to significant health insurance premium increases and coverage losses, with lawmakers negotiating extensions amid broader economic pressures.

Mountain Life's Secure Summit 6 Annuity Gains Traction with 10% First-Year Rate

Mountain Life Insurance's Secure Summit 6 guaranteed annuity attracts strong demand with a 10% first-year crediting rate, reflecting market trends favoring predictable retirement income and capital preservation.

U.S. Life/Annuity Insurance Net Income Rises 39% in H1 2025

The U.S. life/annuity insurance sector saw a 39% net income rise in Q1 2025, driven by premiums, investments, and reserve adjustments per AM Best report.

DB Insurance to Acquire U.S. Specialty Carrier Fortegra for $1.65B

DB Insurance agrees to acquire U.S. specialty insurer Fortegra from TIPT for $1.65 billion, marking a major M&A transaction in the U.S. insurance sector.

AM Best Affirms Excellent Ratings for American Family Insurance Group with Stable Outlook

AM Best reaffirms strong financial strength and credit ratings for American Family Insurance and affiliates, highlighting solid capitalization, underwriting improvements, and a stable outlook for 2025.

Commercial Auto Insurance Posts $4.9B Loss in 2024 Amid Rising Claim Severity

In 2024, commercial auto insurers faced a $4.9 billion underwriting loss driven by an 8% annual increase in claim severity, highlighting persistent challenges from social inflation and risk management in the U.S. market.

Rising U.S. Home Insurance Premiums Challenge Affordability and Market Dynamics

U.S. homeowners face rising insurance premiums driven by extreme weather and market shifts, affecting affordability and real estate transactions. Learn key trends and insurance strategies.

Trump Administration's H-1B Visa Fee Impact on Healthcare Workforce and Hospital Trends

The Trump administration's $100,000 H-1B visa fee poses challenges for the healthcare workforce, especially in rural areas, amid hospital closures, regulatory penalties, and healthcare market shifts.

Medicare Advantage Faces $5.7 Billion Underwriting Loss Amid Rising Costs in 2024

Medicare Advantage incurs a $5.7 billion underwriting loss in 2024 due to increased utilization, medical inflation, and regulatory changes, impacting insurer profitability and market dynamics.