INSURASALES

Tag: risk management

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.

Navigating Contractual Liability Risks in U.S. Insurance Brokerage

Explore the critical risks of contractual liability in U.S. insurance brokerage, including indemnity clause challenges, policy gaps, and state-specific compliance to mitigate litigation exposure.

Florida OIR and University of Florida Promote Resilient Homebuilding to Mitigate Water Intrusion and Insurance Costs

Florida's OIR and University of Florida partner to enhance home resilience against water intrusion, aiming to reduce insurance costs through advanced building materials and smart technologies.

U.S. Vehicle Theft Hits 40-Year Low Despite Local Spike Concerns

Vehicle theft in the U.S. has reached a 40-year low with a 17% drop from 2023 to 2024, driven by law enforcement and industry collaborations. However, vehicle security at apartment complexes and insurance coverage remain critical for owners amid ongoing localized theft incidents.

Critical Legal and Insurance Insights for 2025 Construction Industry Risks

Explore key 2025 legal updates and insurance considerations for the U.S. construction industry, including employment laws, OSHA regulations, contractor classifications, and commercial general liability insurance nuances.