Personal Lines

This week's update includes insurance industry news from Enact Holdings, Hilb Group, Trucordia and more.

The average annual cost of car insurance is expected to hit $2,101 this year.

The deadline for class members to file a claim is February 18.

Housing inventory in the U.S. is approaching pre-pandemic numbers.

Rain will help put out fires and prevent new ones, but seared hillsides are at risk of collapse.

Plaintiff's counsel: "At a certain point, you've got to go all the way, or [insurers] are never going to learn."

Vertafore: Roughly three out of four insurance pros surveyed said they would remain in the industry for several years.

Private fire teams can reduce costs for insurers, but they're not without controversy.