One less obvious but significant driver of rising insurance costs is the potential impact of tariffs on car parts and vehicles. If tariffs on imported auto components increase, insurers may face higher claim costs, ultimately affecting policyholders.
Author: Maria Valdez Haubrich
Insurance Industry in 2025: Top Trends and Predictions from Novidea
Novidea, a global provider of cloud-based insurance management solutions, has unveiled ten key predictions shaping the insurance sector across the U.S. and the U.K.
Cybersecurity in the Insurance Industry: Key Risks and Takeaways
The insurance industry faces a complex cybersecurity landscape, balancing strong security scores with significant vulnerabilities. This blog will explore the key findings from SecurityScorecard’s recent report, A Cybersecurity Assessment of the Insurance Industry Supply Chain.
Top 10 Hottest Housing Markets for 2025: Where Homes Are Selling Fast
As the housing market continues to evolve, homebuyers are setting their sights on cities with strong job growth, affordability, and high demand. While fluctuating mortgage rates present challenges, several metro areas are standing out as prime locations for home purchases in 2025.
UMass Awards Student $10,000 After Halftime Contest Controversy
In a dramatic turn of events, the University of Massachusetts has decided to pay a student the full $10,000 prize for a halftime basketball contest after an insurance dispute called the validity of his winning shot into question.
Insurance Industry Outlook 2025: Key Trends and Challenges Ahead
The insurance industry is bracing for a transformative year in 2025, with analysts forecasting significant shifts in technology, risk management, and financial stability.
USG Announces Addition of William Harrow to Brokerage Division
USG Insurance Services, Inc., a prominent national wholesaler, and MGA is pleased to announce the addition of William Harrow to their esteemed Brokerage division. Harrow has joined the team as a Broker and will be working under the guidance of Mitchel Zelman, National Director of the Brokerage Division.
FDA Recalls Over 2 Million Cases of Doughnuts Due to Listeria Contamination
The Food and Drug Administration (FDA) has recalled more than 2 million cases of doughnuts and other bakery items over concerns of potential listeria contamination.
AAU Announces Addition of Jeannie Godin to Personal Lines Team
AAU, a division of USG Insurance Services, Inc., is thrilled to announce the addition of Jeannie Godin to their team as a Producer/Broker on their Personal Lines team.
Insurance Industry Faces Mounting Pressure as Climate Disasters Escalate
The insurance industry is bracing for another challenging year as climate driven disasters continue to intensify, placing immense financial strain on both insurers and policyholders.