The most up-to-date and comprehensive US Insurance News is here! Discover the latest developments, innovations and regulations for the entire insurance industry in the US, including health, auto, home and life insurance. Stay informed with expert analyses, industry reports and insurance policy changes. Follow key events and trends in the insurance world with in-depth articles and expert insights. Your one-stop shop for everything affecting the US insurance market!
December 2023 was an important milestone for the US housing market. According to data released by the National Association of Realtors (NAR), the pending home sales index reached 77.3 in this month, an increase of 8.3% compared to the previous month.
Tesla has identified a software bug for some Model S, X and Y vehicles in the 2023 model year. This bug causes the rear cameras of the vehicles to fail to display their images correctly. This can increase the risk of an accident by reducing the driver’s field of vision.
In December 2023, personal income in the US increased by 0.3 percent compared to the previous month. This increase was in line with market expectations.
The specialty insurance sector is set to experience a remarkable expansion, with its market value forecasted to soar from $81.5 billion in 2022 to an astounding $130.1 billion by 2027. This projection, outlined in Deloitte’s Global Insurance Outlook, indicates a robust growth trajectory. The burgeoning market can be attributed to several pivotal factors shaping the landscape of specialty insurance.
Our website uses cookies to provide your browsing experience and related information. Before you continue to use our website, you agree to the following.
