Praxis Reciprocal Exchange Launches as Florida-Based Reciprocal Property Insurer
Praxis Reciprocal Exchange secures regulatory approval to operate as a reciprocal property insurer in Florida, prioritizing policyholder interests and market stability.
Praxis Reciprocal Exchange secures regulatory approval to operate as a reciprocal property insurer in Florida, prioritizing policyholder interests and market stability.
Insightful analysis from the 2025 Monte Carlo Reinsurance News Executive Roundtable reveals market discipline, capital trends, casualty challenges, and AI's growing role in U.S. reinsurance.
Florida state Rep. Ryan Chamberlin introduces a plan to eliminate property taxes, replacing revenue with real estate and travel transaction fees, plus targeted school taxes.
California health insurance premiums are projected to rise by up to 50% next year, posing affordability challenges and risk of coverage loss for many families. Regulatory and policy measures are critical to address this market instability.
U.S. life insurance sales rose 13% in Q2 2025, driven by indexed universal life products setting new records. Whole Life and Variable Universal Life also showed growth while Fixed Universal Life declined.
The impending expiration of ACA enhanced premium subsidies threatens to increase health insurance premiums significantly and reduce enrollment, impacting millions of Americans and the insurance marketplace.
Record-high insurance rates in 2024 drive unprecedented auto policy shopping, challenging insurers to enhance customer retention strategies amid rising costs.
Alberta Premier Danielle Smith plans a 2027 auto insurance overhaul to reduce premiums by limiting lawsuits, with public insurance as a potential fallback amid insurer pressures.
UnitedHealth Group's stock price rises on stable Medicare Advantage ratings and 2025 earnings guidance despite regulatory scrutiny and mixed insider trading activity.
The Trump administration expands eligibility for affordable 'copper plans' on ObamaCare exchanges, aiming to reduce premiums and increase insurance coverage nationwide.