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More than 80% are actively looking or very likely to seek additional policies, according to Arthur J. Gallagher & Co.
Compared with 2021, 4% fewer consumers would say something positive about their current insurance provider.
More than 60% of homeowners in the state skip flood insurance, according to AAA.
'If you aren't trying to figure out how you can make your customer-service applications better, faster and cheaper... you will be left behind.'
From 2015-2020 the surplus line sector held a relatively steady 25% market share. It is now over 60%.
Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.
December 2022 through January 2023 saw an increase in every type of loss associated with winter storms compared to the previous year, according to a report from Verisk.
Around 80% of insurance carriers say they deal with identity-related fraud on a monthly basis.
Nearly 60% of insurance companies surveyed reported already leveraging generative AI.
Since 2012, the growth rate of skilled craftspeople entering the workforce has slowed, with certain sectors such as carpentry seeing declines.