NOT FOR REPRINT
Page Printed from: propertycasualty360.com/research/?page=6
Sign In To follow
Auto insurers are spending more on claims and other costs than all the dollars that they collected in premiums in 2022, J.D. Power reports.
The U.S. home insurance premium is 35% higher today, on average, than it was two years ago, according to Policygenius.
More than 40% of policyholders think education level shouldn't be considered when setting personal auto rates.
Verisk reports that severe thunderstorms have accounted for more than 70% of insured losses in 2023 so far.
According to The Jacobson Group, claims and underwriting rules continue to be the most in demand positions.
Overall, 21% of auto and 30% of home policyholders said they've misled their insurer to save money.
Marcus & Millichap report the latest dramatic spikes as providers pull out of key markets.
At its peak, 26 states had adopted no-fault insurance laws in some form. Today that number stands at 12.
While teen roadway deaths were up in 2020, the past decade saw an overall decline, ValuePenguin reports.
More than 32% of the flood market is written by 77 private companies, Triple-I reports.