INSURASALES

Tag: insurance market

SNL Sketch Highlights Seniors' Challenges with Health Insurance Access

A Saturday Night Live sketch humorously depicts seniors struggling with affordable health care and life insurance, spotlighting insurance coverage challenges for the elderly.

Connecticut Nonprofits Face Rising Liability Insurance Costs Threatening Foster Care Programs

Connecticut nonprofits operating foster care programs face rising liability insurance premiums due to extended child sex abuse lawsuit timelines, jeopardizing critical services. Legislative and regulatory efforts aim to address insurance market challenges for these providers.

Kin Surpasses $100 Billion in Insured Property Value Mark

Kin achieves $100 billion in total insured property value, driven by technology-enhanced underwriting, geographic diversification, and profitable growth in direct-to-consumer homeowners insurance.

Dream Payments Launches North American Insurance Payment Hub with J.P. Morgan

Dream Payments unveils the DreamPay Insurance Payment Hub, enabling seamless insurance premium collections and claims payments across the U.S. and Canada using J.P. Morgan's payment infrastructure.

2025 Auto Insurance Trends: Elevated Shopping Amid Flat Switching Rates

The 2025 Q1 report shows rising auto insurance shopping rates but flat switching, growing interest in embedded insurance, and ongoing premium increases impacting consumer behavior and insurer strategies.

MSI Launches CGL Insurance for Habitational Property Owners in the U.S.

MSI introduces a commercial general liability insurance product for U.S. habitational property owners, providing up to $2 million aggregate coverage to address growing claims costs and litigation risks in the sector.

Travelers, Progressive, and USAA Lead as Cheapest Large Home Insurance Providers

NerdWallet’s analysis identifies Travelers, Progressive, and USAA as leading the market in affordable large home insurance policies across the U.S., detailing pricing by credit status, claims history, and region.

Chubb Q1 2025 Earnings: Catastrophe Losses Impact Income Amid Premium Growth

Chubb's Q1 2025 earnings show significant catastrophe losses from California wildfires impacting net income despite premium growth and underwriting improvements.

Rising Fixed-Term Annuity Rates Reflect Market and Economic Shifts

Fixed-term annuity rates have risen due to higher bond yields and interest rates, influencing retirement income options and market competition in the insurance sector.

Chubb Q1 2025 Earnings Impacted by California Wildfires Amid Underwriting Growth

Chubb's Q1 2025 earnings declined due to $1.64B in catastrophe losses from California wildfires. However, underwriting income rose excluding catastrophes with premium growth across P&C and life segments.