INSURASALES

Tag: regulatory approval

Louisiana Approves 7.5% Rate Reduction for SureChoice and Elevate Homeowners Policies

Louisiana Insurance Commissioner approves 7.5% average rate cut for SureChoice and Elevate homeowners policies, driven by reduced reinsurance costs. Effective Feb 2026.

California Homeowners Insurance Rates Rise as State Farm Secures 17% Increase

California homeowners face rising insurance costs after State Farm gains approval for a 17% emergency rate hike, highlighting regulatory and market trends.

JAB Holding to Acquire Prosperity Life Group, Including Shenandoah Life, for $3.1B

JAB Holding plans a $3.1 billion acquisition of Prosperity Life Group, owner of Shenandoah Life Insurance, marking a significant move in the U.S. life insurance market pending Virginia regulatory approval.