Tariffs and climate-induced disasters are exerting significant pressure on insurance costs across the U.S., affecting millions of households and driving premium increases. The purpose of this market analysis is to delve into the underlying causes, current trends, and future projections related to
WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) has revealed notable insights regarding U.S. commercial insurance rates. The survey indicated an aggregate increase of 5.6% in the fourth quarter of 2024 compared to the same period in the previous year. Though this increase remains s
Florida insurance regulators have come under scrutiny after a study, initially commissioned in 2021, revealed potential profit manipulation by insurance companies through affiliate firms. Investigations uncovered significant disparities between losses reported by insurers and profits enjoyed by
The Japan Healthcare Insurance Market is on the verge of significant growth, increasing from USD 136.15 billion in 2023 to an estimated USD 236.38 billion by 2030. This surge is largely driven by the aging population and technological advancements in healthcare services. A comprehensive and
The earthquake insurance market is gaining significant ground globally, driven by technological advancements and stringent governmental regulations. This burgeoning industry, expected to see an increase in market size from $8.02 billion in 2024 to $10.94 billion by 2029, is experiencing dynamic
New Mexico House Bill 527, sponsored by Rep. Cristina Parajón, a Democrat from Bernalillo, aims to mandate health insurance providers to cover medical cannabis costs. This legislation seeks to amend the state's health insurance codes to include medical cannabis under coverage offered by
