Twenty-four percent of Americans believe it is acceptable to increase an insurance claim by a small amount to make up for deductibles they are required to pay. That is lower than the 33 percent found in 2002, according to new …
A state’s percentage of uninsured motorists is affected by a no pay, no play law, albeit modestly. A new study from the Insurance Research Council (IRC) estimates that the uninsured motorist (UM) rate can fall by as much as 1.6 …
The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and increases in claim frequency, according to an insurance industry report. A new Insurance Research Council (IRC) study of homeowners insurance …
Auto insurance claim costs countrywide have recently increased, reversing previous trends of declining or relatively stable costs. A new report from the Insurance Research Council (IRC), “Trends in Auto Injury Claims, 2011 Edition,” documents auto injury claim trends, both countrywide …
Personal injury protection (PIP) claims closed in 2010 show that claimed losses for medical expenses, lost wages, and other expenses from auto accident injuries in the New York City area rose 70 percent over the past decade. This surpasses the …
Sixty-eight percent of adults oppose local governments charging accident response fees to individuals involved in traffic accidents, according to a new insurance industry survey. The Insurance Research Council (IRC) survey found that requiring insurance companies, rather than the individuals involved …
Across the United States, chances are roughly one in seven that a driver is uninsured. The estimated percentage of uninsured motorists stood at 13.8 percent in 2009, according to a new study from the Insurance Research Council (IRC). The group …
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