INSURASALES

Tag: insurance premiums

Key U.S. Budget Negotiations, Local Developments, and Health Benefit Changes

Congressman Lloyd Smucker influences budget reconciliation and healthcare benefits with rising premiums for part-time Lancaster General Health workers. Local updates on West Art renovation and mental health prison transfer.

Rising Homeowners Insurance Costs Reshape Oklahoma Mortgage Market

Surging homeowners insurance premiums in Oklahoma are raising mortgage costs and reshaping lending practices, impacting borrower affordability and shifting market dynamics toward new home construction.

Tariffs on Construction Materials Could Raise U.S. Home Insurance Premiums in 2025

Tariffs on imported construction materials are projected to raise U.S. home insurance premiums by $106 on average in 2025, impacting rebuilding costs and coverage requirements nationwide.

Florida's No-Fault Auto Insurance Drives Up Premiums for Safe Drivers

Florida's no-fault auto insurance system raises premiums for safe drivers by spreading accident costs statewide. Legislative change and state-run insurance options could reshape affordability and driver accountability.

USAA Reports $3.9B Profit and Record $48.6B Revenue in 2024 Amid Rising Premiums

USAA achieves $3.9 billion profit and record $48.6 billion revenue in 2024, navigating rising insurance premiums and regulatory challenges. Membership grows past 14 million.

Utah Leads U.S. Homeowners in Rising Insurance Premiums Amid Market and Climate Risks

From 2021 to 2024, Utah homeowners saw nearly $700 average annual insurance premium increases amid climate risks and housing affordability challenges. This report highlights regulatory and market trends shaping property insurance.

NAIC Reports Increasing Concentration in US Auto Insurance Market 2024

The NAIC's 2024 report reveals growing concentration among US auto insurers, with the top five capturing 63.59% market share and total premiums rising to $359B. Key shifts impact industry competition and market dynamics.