Election 2024
In March 2024, the research division of Digital Insurance’s parent company, Arizent, surveyed business leaders across several industries including insurance, banking, accounting, mortgages, finance and wealth management. Insurance carriers, brokers and agents comprised 13% of the total responses and we share some of those insights with you here.
What insurance professionals think about the election
Overall, there is widespread dissatisfaction with the current political climate and those working in the insurance industry were no exception, with 78% saying they were very dissatisfied and 12% being somewhat dissatisfied. In the following charts, you can see who participated in the survey, how those working in the insurance industry responded compared to other industries, the impact of social media on the spread of election misinformation, and the priorities for the next administration.
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The state's department of insurance started hearings in early October, but a decision about the rate increase is not expected until at least December, after a contested election for insurance commissioner.
Public policy and tax experts from the consultancy said local ties may help insurers' standing with Congress, and Republicans' push for tax cuts could negate party members' negative views of big business.
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The Federal Housing Finance Agency has agreed to more regular checks on the government-sponsored enterprises' flood compliance, which impacts mortgage companies.
September 20
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Andrew Mais, who also serves as president of the state insurance regulators group, acts on recent floods in his state.
September 15
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A new survey from Digital Insurance is assessing what factors the insurance industry is watching related to this fall's election.
September 13
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Eight other candidates jumped in before filing deadline to challenge frontrunner Patty Kuderer
July 29
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Challenger Natasha Marcus attacks incumbent Mike Causey's rate increase track record. Causey's campaign calls the critique a "distortion" and explains negotiation process.
July 22
