Hawaiʻi's homeowners face increased insurance nonrenewals and rising premiums due to stricter underwriting on roof age, electrical systems, and proximity to the ocean, highlighting market instability and risk management challenges.
PwC reports a shift in US insurance M&A with fewer deals but a rise in megadeals driven by brokerage consolidation and strong P&C profitability, signaling evolving market dynamics.
Insurance companies are retreating from wildfire and hurricane-prone areas, causing rising premiums and fewer coverage options for homeowners. This shift challenges mortgage lending and exposes growing risks in disaster-prone U.S. regions.
Explore why annuities are becoming integral to retirement planning strategies in response to market volatility and increased lifespan. Understand how they help manage financial risks and secure retirement income.
Survey highlights registered investment advisors as primary growth channel for annuity sales, signaling evolving insurance market distribution trends and compliance considerations.
U.S. auto insurers return to profitability and shift focus to customer retention amid challenges with 38% low customer satisfaction, per J.D. Power 2025 study.
May 2025 U.S. life insurance application activity rises 1.6% year-over-year, driven by growth in senior age brackets and higher face amounts.
U.S. annuity sales reached a record $432.4 billion in 2024, driven by rising interest rates and demand for retirement income. LIMRA forecasts potential 2025 sales decline amid rate cuts, with RILAs and FIAs expected to remain resilient.
The U.S. health insurance market is projected to grow to $2.13 trillion by 2030, driven by rising healthcare costs, chronic diseases, and digital adoption. Employer and individual plans evolve amid regulatory and technological shifts.
The Q1 2025 J.D. Power Insurance Intelligence report reveals trends in consumer shopping and switching rates across auto, home, and renters insurance amid inflation and material cost challenges, influencing underwriting and premiums.
