Tag: insurance premiums

North Carolina Auto Insurance Law Raises Minimum Coverage, Extends Penalty Periods

North Carolina updated auto insurance laws in 2025, increasing minimum liability limits, expanding underinsured motorist coverage, and extending surcharge periods, impacting premiums and underwriting.

U.S. Pet Insurance Market Expands Amid Rising Veterinary Costs

The U.S. pet insurance market is growing rapidly as veterinary costs rise and more pet owners seek coverage. Industry dynamics, competition, and private equity investments are shaping this expanding sector.

Home Upgrades That Lower Insurance Premiums Amid Rising Costs

Explore essential home upgrades that can reduce insurance premiums amid rising rates. Learn how maintenance, smart technology, and resilience projects impact insurance costs.

North Carolina Auto Insurance Law Changes Increase Costs for New and High-Risk Drivers

North Carolina's new auto insurance laws raise surcharges for new drivers, increase minimum liability coverage, and allow longer premium hikes for speeding violations, affecting insurance costs and risk evaluation.

New Jersey Faces $19 Billion Health Care Spending Cuts Under Proposed Federal Budget

Proposed federal budget cuts could slash New Jersey's health care spending by $19 billion over nine years, impacting Medicaid, ACA subsidies, hospitals, and insurance premiums, with significant effects on vulnerable populations and the state's economy.

Vermont Enacts Landmark Laws to Control Hospital Drug Pricing and Reform Health Care Payments

Vermont passes laws capping hospital outpatient drug prices and implementing reference-based pricing to reduce health care costs and insurance premiums.

Louisiana House Rejects Tax Credit Bill for Low-Income Homeowners Facing Insurance Hikes

Louisiana House narrowly defeats Senate Bill 235 proposing tax credits to assist low-income homeowners with rising insurance premiums amid ongoing market challenges and calls for stronger industry oversight.

Rising Homeowners Insurance Costs Drive Coverage Gaps and Community Risks

Rising homeowners insurance premiums are causing coverage gaps, increasing foreclosures and impacting community stability across the U.S. Market transparency and resilience investment are key to addressing this trend.

U.S. Auto Insurance Rates Rise 7.5% Increasing Average Full Coverage Premium to $2,615

U.S. auto insurance premiums are increasing by 7.5%, raising the average full-coverage rate to $2,615, driven by market adjustments and claims trends.

Louisiana Insurance Reform Targets High Premiums Through Legal Changes

Louisiana tackles high insurance premiums with legislative legal reforms aimed at reducing claim abuses and balancing insurer protections.