INSURASALES

Tag: risk management

Georgia Jury Awards $4.2M in Presa Canario Mastiff Dog Bite Case

A Georgia jury awarded $4.2 million in a dog bite lawsuit, highlighting the need for homeowners to assess personal liability coverage beyond standard insurance limits to protect assets.

Regional Firefighting Efforts and Rising Health Insurance Costs Impact U.S. Market

A coordinated firefighting response improves wildfire control while rising health insurance premiums intensify calls for expanded Medicare coverage, impacting insurance underwriting and risk assessment.

Homeowners Insurance Premiums Rise 10% Amid Increased Replacement and Weather Risks

Homeowners insurance premiums in the U.S. have increased by 10% due to rising replacement costs and more frequent extreme weather events. Explore strategies to mitigate rate hikes including bundling, weatherproofing, and deductible adjustments.

Minnesota Homeowners Face Sharp Insurance Rate Increases by 2025

Minnesota is projected to see the fifth-highest increase in homeowners insurance rates by 2025 due to frequent extreme weather and rising building material costs. Independent agents advise on coverage options and market risks.

Homeowners Insurance Premiums Up 10% Amid Rising Risks and Inflation

Homeowners insurance premiums have increased 10% due to rising natural disaster risks and inflation-driven replacement costs. Learn key strategies to mitigate rate hikes, including home upgrades and policy adjustments.

Lane County Homeowners Confront Nearly 50% Wildfire-Driven Insurance Premium Increases

Lane County homeowners face up to 50% hikes in insurance premiums due to increased wildfire losses since 2020, impacting local insurance markets and budgets.

Effective Strategies to Lower U.S. Car Insurance Premiums

Discover proven strategies to reduce car insurance premiums in the U.S., including bundling, deductible adjustments, pay-in-full discounts, and the impact of credit scores on rates.

Rising Requirements for Homeowners Insurance Repairs Impact Renewals and Coverage

Homeowners insurance companies are increasingly requiring maintenance and repairs as a condition for policy renewal amid rising claims costs and market pressures. Learn how these underwriting changes affect coverage and policyholder decisions.

Q2 US Commercial Insurance Sees Casualty Rate Rise Amid Nuclear Jury Verdicts

Q2 sees overall commercial insurance rates dip globally, but US casualty insurance rates rise sharply due to frequent nuclear jury verdicts exceeding $10 million, impacting insurance pricing and claims trends.

Maricopa County’s Federal Oversight Issues Highlight Public Liability Insurance Challenges

Exploring Maricopa County's prolonged federal oversight due to an ACLU lawsuit reveals critical challenges in public sector liability insurance and the need for bipartisan, expert-led solutions to alleviate taxpayer burdens.