INSURASALES

Tag: Legal System

US Personal Auto Insurance Sees Profit Gains Amid Legal and Regulatory Challenges

The U.S. personal auto insurance industry reported improved underwriting results in 2024 with a net combined ratio of 95.3, driven by strong premium growth and loss control. However, legal system abuse and regulatory challenges pose ongoing risks to profitability and market stability.

Louisiana NFIB Pushes Insurance Reforms to Reduce Lawsuit Abuse Costs

Louisiana's NFIB advocates for insurance reforms to lower premiums and address lawsuit abuse affecting small businesses. Bills targeting legal system fairness are set for House vote soon.