INSURASALES

Tag: Insurance Market

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.

Admiral Group to Sell U.S. Auto Insurance Business to J.C. Flowers in 2025

Admiral Group plans to sell its U.S. auto insurance subsidiary Elephant Insurance to investment firm J.C. Flowers, pending regulatory approval, with completion expected by Q4 2025.

Insights on Medicare Affordability Challenges and Reform Implications

Analysis of Medicare affordability challenges highlights systemic issues and the need for reform in traditional Medicare and Medicare Advantage plans affecting coverage and costs.

State Farm Leads U.S. Auto Insurance Market in 2025 with $68B Premiums

State Farm dominates the 2025 U.S. private passenger auto insurance market with $68B in premiums, ahead of Progressive Group. Key developments include a shift in auto glass claims administration to Safelite Solutions, influencing service provider dynamics.