Tag: Insurance Market

Rising Auto Insurance Costs Drive Coverage Cuts and Higher Uninsured Rates

Rising Auto Insurance Costs Drive Coverage Cuts and Higher Uninsured Rates

LendingTree survey reveals rising auto insurance costs are causing increased uninsured rates and coverage reductions, with drivers cutting expenses to afford policies.

U.S. Annuity Sales Hit Record $119.5B in Q2 2025, Driven by Product Innovation and Market Demand

U.S. Annuity Sales Hit Record $119.5B in Q2 2025, Driven by Product Innovation and Market Demand

U.S. annuity sales reached a record $119.5 billion in Q2 2025, fueled by product innovation and growing demand for guaranteed retirement income, according to LIMRA.

Best Car Insurance Rates: Advice When Price Shopping

Survey Finds Nearly 100% Save by Shopping Around for Auto Insurance

LendingTree survey shows almost all car owners can lower auto insurance premiums by comparing rates, highlighting rising premium dissatisfaction and the value of shopping around.

Travelers Institute Launches Initiative to Address US Insurance Market Challenges

Travelers Institute launches a multi-year initiative focused on insurance availability, affordability, and regulatory impacts in the US market. Key events and industry collaboration are planned.

2025 Study: Industry Faces Challenges Educating Consumers on Life Insurance Costs

The 2025 Insurance Barometer Study shows consumer education gaps and cost misconceptions hinder life insurance purchases. Industry must enhance outreach and licensed agent involvement.

High Auto Insurance Rates Drive Record Comparison Shopping in 2024

Record high auto insurance rates in 2024 are fueling unprecedented comparison shopping and customer switching, challenging insurers to improve retention amid rising premiums.

House Republicans Debating Extension of Expiring ACA Enhanced Premium Subsidies

House Republican leaders debate extending expiring ACA enhanced premium subsidies amid potential premium spikes and internal party disagreements.

UnitedHealth Projects Stable High Star Ratings for Medicare Advantage Plans in 2026

UnitedHealth expects 78% of members in Medicare Advantage plans rated four stars or higher for 2026, supporting government reimbursements and financial outlook amid cost pressures.

Medicare Enrollment Choices Fuel Social Tensions Among Seniors

Medicare enrollment decisions between Advantage plans and traditional coverage are increasingly causing social tensions among seniors, fueled by misinformation and financial concerns. This dynamic affects personal relationships and highlights the complexities in senior healthcare insurance choices.

Elevance and Major Insurers Adjust Medicare Advantage Strategies Amid Cost Pressures

Elevance Health and leading insurers recalibrate Medicare Advantage plans and Part D coverage amid rising costs and regulatory shifts, focusing on risk management and compliance.