The Insurance Professionals News Source | InsuranceNewsNet
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New report projects 22% increase in car insurance costs after 15
Nov 28, 2024 · Rate increases in 2024 are largely a continuation of hikes in 2023, a year that saw full-coverage premiums rise by 24% in response to insurers' record underwriting losses ($33.1 billion) in the ...
2025 insurance outlook: Dealmaking, distribution, capacity and ...
Dec 6, 2024 · M&A makes a comeback. Insurance merger and acquisition activity will resurge in 2025 as the economy recovers, venture capital investment increases, and interest rates begin to normalize.
AuguStar sheds Ohio National legacy with 'all products in all …
Jul 20, 2023 · Reigniting that business meant rebranding – enter AuguStar – and finding the right person to head up the effort. That person is Clifford Jack, who compiled an enormously successful annuity ...
Life Insurance News Articles | InsuranceNewsNet
December 17, 2024 . The Best’ s Market Segment Report,“ Market Segment Outlook: Malaysia Non-Life Insurance,” states that the non-life sector is poised for significant growth, underpinned by ...
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What will 2025 hold for the insurance industry?
Dec 1, 2024 · 8. Increased integration of wellness and preventive health incentives in policies Life and health insurers are focusing more on wellness programs, incentivizing clients for healthier lifestyles ...
The IUL conundrum: big sales and big problems
Sep 1, 2024 · One thing that nobody will argue is that IUL sells — and sells big. While other life insurance product lines lag with low-single-digit growth or negative sales numbers, IUL face amount increased ...
‘Excess mortality’ continuing surge causes concerns
Oct 26, 2023 · Excess mortality is the difference between the total number of deaths for a specific time period and the number that would have been expected.
California Finalizes New Wildfire-Modeling Regulation to Mandate ...
Oct 1, 2024 · If insurance companies want to use predictive formulas to justify wildfire insurance rate increases in California, they'll have to write more policies in high-risk areas, under sweeping reform ...