INSURASALES

Tag: Insurance Premiums

Oklahoma Homeowners Face 8% Insurance Premium Increase Amid Extreme Weather Risks

Oklahoma homeowners are experiencing an 8% rise in home insurance premiums in 2023 due to increased claims from hail, wind, wildfires, and tornadoes. Strategies to mitigate costs include home fortifications and deductible adjustments.

The Hartford Q1 2025 Earnings Reflect Catastrophe Loss Impact Amid Premium Growth

The Hartford's Q1 2025 earnings show a 16% decline in net income due to catastrophe losses, with a 9% growth in property and casualty premiums and stable underwriting performance.

Texas Auto Insurance Rates Surge in 2024, Impacting Dealership Sales

Auto insurance rates in Texas rose to 125% of the national average in 2024, leading to higher buyer walkaways and challenges for dealerships. Integrating insurance solutions can help retain sales.

Health Insurance Tax Returns in 2018: Impact on Premiums and Business Costs

The federal Health Insurance Tax returns in 2018, increasing premiums by 3% and impacting individuals, families, and businesses, with legislative efforts underway to delay the tax. Understanding the market and regulatory effects is crucial for insurance professionals and employers in Nevada and beyond.

Florida Considers Major Shift in Auto Insurance Policy with Proposed Repeal of No-fault Law

The Florida House is reviewing a bill that could repeal the state's no-fault auto insurance law, potentially raising premiums and increasing litigation. Stakeholders express concerns over market stability and affordability.