Insurance

The U.S. insurance market covers a wide range of products, including health, auto, home, life, and business insurance. Insurance provides financial protection against potential losses by pooling risk across many policyholders. Premiums, deductibles, and coverage limits vary depending on the type of insurance and policyholder needs.

The industry is highly regulated at both the federal and state levels to ensure consumer protection and fair practices. Recent trends in the insurance market include the rise of digital platforms, increased demand for personalized policies, and growing concerns around cybersecurity and climate-related risks, which are influencing coverage options and pricing.