This is why a holding strategy is right for selective insurance (SIGI) – March 27, 2024

This is why a holding strategy is right for selective insurance (SIGI) – March 27, 2024

Selective Insurance Group, Inc. (SIGI – Free report) was favored by investors amid strong recovery, increases in fuel prices, favorable market conditions for surplus and surplus (E&S) lines and higher income earned by the fixed income portfolio. Growth forecasts The Zacks Consensus Estimate for Selective Insurance’s 2024 earnings per share points to an annualized increase…

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How to lower your car insurance rates

How to lower your car insurance rates

Angle down icon An icon in the shape of an angle pointing down. Auto insurance prices are at a 50-year high, largely due to post-pandemic crash rates and climate change. Jung Getty/Getty Images US auto insurance prices hit a 50-year high, outpacing inflation. Higher premiums and deductibles are due to the climate crisis and the…

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Find out why insurance premiums are rising

Find out why insurance premiums are rising

«The cumulative years of record high inflation have greatly increased the cost of auto repair and replacement,» said Robert Passmore, vice president of the personal lines division at the Accident Insurance Association of America. «Over the past five years, the cost of auto parts and used cars and trucks has increased by nearly 40 percent….

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Appeals court sides with SXSW in insurance case: Overturns previous ruling in favor of insurance company – Music

Appeals court sides with SXSW in insurance case: Overturns previous ruling in favor of insurance company – Music

The Austin Convention Center during SXSW 2023 (Photo by John Anderson) The United States Court of Appeals for the Fifth Circuit recently sided with South by Southwest in an ongoing lawsuit against the insurance company, overturning a previous ruling in favor of the insurer. In its reversal, the Fifth Circuit remanded the case, sending it…

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