Tag: Insurance Rates

Pennsylvania Health Insurance Rates for 2026 Show Average 19% Increase

Pennsylvania's 2026 health insurance rates for individual and small business plans are set to rise significantly, driven by higher healthcare costs and the end of ACA premium tax credits. Public comments are open through September before final approval.

Rising Living Costs Lead Americans to Cut Back on Car and Home Insurance

Rising living costs and recession fears are causing Americans to reduce auto and home insurance coverage, with significant rate hikes expected in 2025 by major insurers.

New York Defensive Driving Course Offers 10% Auto Insurance Premium Cut Amid Rising Rates

IMPROVLearning's DMV-approved defensive driving course offers New York drivers a guaranteed 10% auto insurance premium reduction amid significant rate hikes since 2023. Learn how this online program supports compliance and cost savings for policyholders and insurers.

Florida's Auto Insurance Ranks Second Highest with Rising Rates Ahead

Florida drivers face the second-highest auto insurance rates in the U.S., with premiums averaging over $3,200 in 2025 and expected to rise 6-9% in 2026 due to natural disasters and rising claims costs.

North Carolina Homeowners Insurance Rates Rise Up to 15% over Two Years

North Carolina homeowners face up to 15% base rate increases over two years following a negotiated settlement balancing insurer costs and consumer protection. Rates vary regionally and reflect recent hurricane impacts and market conditions.

Rising Auto Insurance Premiums: Key Factors and Savings Strategies

Explore the rising auto insurance premiums in the U.S. Learn the key factors affecting rates and strategies to manage and reduce your insurance costs effectively.

State Farm Receives Interim Approval for 17% California Home Insurance Rate Hike

State Farm obtains interim approval for a 17% rate increase on California home insurance policies due to wildfire claims and shrinking surplus. Further hearings will assess final rate legality and consumer protections.

Global Commercial Insurance Rates Decline 3% in Q1 2025 Amid Casualty Rate Increase

Global commercial insurance rates dropped 3% in Q1 2025, continuing a trend of declining premiums except for a 4% rise in casualty lines driven by US market conditions.

Georgia Enacts Litigation Reform Laws Aimed at Reducing Insurance Costs

Georgia Governor Brian Kemp signs new litigation reform laws to limit lawsuits, aiming to reduce insurance costs and improve business conditions statewide.

Louisiana Governor Champions Bipartisan Insurance Rate Regulation Bill

Louisiana Governor Jeff Landry supports bipartisan House Bill 576 to regulate insurance rates, addressing high auto and property premiums through expanded commissioner authority.