Tag: Insurance Trends

Rising Auto Insurance Costs and Repair Expenses Impact U.S. Car Ownership

Explore how rising auto insurance premiums and repair costs are reshaping U.S. car ownership expenses and impacting the insurance market landscape.

US Commercial Insurance Market Stable in 2025 Amid Economic Uncertainties

Lockton's 2025 Market Update reports a stable US commercial insurance market, highlighting underwriting strength, economic influences, and strategic renewal insights for 2026.

Study Reveals Medicaid Spend-Down Trends Among U.S. Nursing Home Residents

New study analyzes Medicaid enrollment trends among U.S. nursing home residents, highlighting financial burdens, racial disparities, and implications for Medicaid sustainability in long-term care financing.

Rising Auto Insurance Costs Drive Coverage Reductions and Fewer Claims

Rising U.S. auto insurance premiums have led nearly 30% of drivers to reduce coverage or accept higher deductibles, driving an 8.5% decline in claims in 2025.

US Individual Life Insurance Sales Surge 14% in Q3 2025 Driven by Whole Life and IUL Products

U.S. individual life insurance new premiums grew 14% in Q3 2025, with strong advances in whole life, indexed universal life, and variable universal life products. Market shares and policy counts also increased.

Australia Health Insurance Market Forecast to USD 65.9B by 2033

The Australian health insurance market is projected to grow from USD 39B in 2024 to USD 65.9B by 2033, driven by demographic changes, digital health integration, and rising demand for comprehensive private coverage.

Rising Trend in Gifting Child Life Insurance Policies in Rural Municipalities

Growing public trust in child life insurance leads to increased purchase and gifting of policies during festivals, promoting future financial security for children in rural areas.

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.

Auto Insurance Profitability Rising Amid Customer Satisfaction Challenges

U.S. auto insurance premiums have surged over 50% since 2019, boosting insurer profits but causing customer satisfaction to decline. The J.D. Power 2025 study reveals retention challenges and the importance of seamless omnichannel experiences.

Global Supplemental Health Insurance Market Projected to Grow 5.8% Through 2034

The global supplemental health insurance market is forecasted to grow 5.8% by 2034, driven by aging populations and rising healthcare costs. Major U.S. insurers are expanding product offerings amid regulatory and market challenges.