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Tariffs threaten to push insurance costs higher for US households
Matt Brannon, who authored the report, said tariffs affecting imports from countries such as China, Canada, Mexico, Japan, and Vietnam will disrupt the construction supply chain and add to repair costs. He noted a similar outcome during the COVID-19 pandemic, when material shortages and price hikes also contributed to higher insurance rates. Source link
New York to toughen up laws to make up for weakened CFPB
New bill aimed at insurers, others launched by AG Letitia James Source link
Top Five Tips for Advising Real Estate Investor Clients
Real estate investors now account for nearly 15% of home purchasers, creating growing demand for specialized insurance guidance and solutions. As the market expands, providing tailored advice and coverage that addresses the unique risks and needs of these clients is essential for a successful insurance business.  Download this resource to learn: How to assess…
Aviation insurance sending mixed signals in Q1 2025 – Gallagher
Gallagher has released its Q1 2025 edition of Plane Talking, offering a detailed assessment of aviation insurance market conditions, claims activity, and underwriting sentiment across sectors including airlines, aerospace manufacturers, general aviation, and space. Source link
Minnesota moves to regulate peer-to-peer car sharing, impacting insurance industry
The bill, H.F. No. 2752, defines key operational terms for P2P car-sharing services, clarifying the legal distinctions between car-sharing and traditional rental services. Unlike traditional car rentals, peer-to-peer car-sharing allows private vehicle owners to rent their cars to others via online platforms. By excluding P2P car-sharing agreements from the legal definition of vehicle rentals, the…
Insurance moves: Highstreet, BHSI, NFP, and DUAL
Industry veterans take on new roles amid shifting market needs Source link