Browsing: tariffs

New tariffs on auto imports could increase the costs of car repairs, and ultimately, insurance premiums.

Increased tariffs on auto imports could lead to higher costs for car owners, affecting everything from new car prices to repair expenses and insurance premiums.

Industry analysts warn about the potential impacts of new US tariffs on the insurance sector, citing increased costs, supply chain disruptions, and underwriting uncertainties.

Industry experts predict rising costs and uncertainty for the insurance sector due to new US automobile tariffs and potential supply chain disruptions.

Experts warn that President Trump’s tariffs could impact the insurance industry in several ways, including rising car insurance costs, particularly for electric vehicles (EVs).

The insurance industry faces broader repercussions from the administration’s economic policies, potentially raising costs for consumers and impacting company profits.

Escalating geopolitical tensions, including those between the United States and China, are causing significant disruptions for the global shipping industry. Experts advise fleet owners to reassess risk management strategies, particularly focusing on shipbuilding, trade, and insurance solutions.

Digital insurance marketplace RATESDOTCA reports that U.S. tariffs on Canadian products are expected to lead to increased insurance premiums for Ontario residents.

New tariffs on Canadian imports implemented by the U.S. are expected to drive up the cost of building materials, potentially leading to higher home insurance premiums for Canadians.

The American Property Casualty Insurance Association (APCIA) has voiced concerns that recently implemented tariffs on Mexico, Canada, and China could hinder reconstruction efforts following recent natural disasters.