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These rate increases will be driven by more frequent severe weather events and elevated repair costs.
According to Forbes Advisor, 91.7% of households in the United States had at least one vehicle in 2021.
According to data from the Federal Reserve, the number of U.S. households with net assets over $1 million grew 63% from 2019 to 2022.
Only one region of the United States saw a net population gain in 2022, according to Census data.
In this slideshow, we'll explore insights from industry experts on what's ahead for agents and brokers in 2024.
Winter weather caused $64.1 million in property damage in the United States in 2022, according to ValuePenguin.
The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.
Winter weather-related crashes cause more than 1,300 fatalities and injure more than 116,800 people each year, according to the FHWA.
This storm comes just two years – almost to the day – after an EF-4 tornado swept a 165-mile path through the same region.
Drivers who engage in reckless behavior behind the wheel may find themselves required to file an SR-22.
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