Insurance Research Council: Home Insurance Spend Tops Household Income Growth May 15, 2024 By Chad Hemenway According to the Insurance Research Council (IRC), the average homeowners insurance expenditure has become less affordable for U.S. consumers over...
Mississippi House Passes Bill to Enforce Mandatory Auto Insurance Requirement January 17, 2017 House members are approving a bill that would require county tax collectors to check whether Mississippians have auto insurance before...
Fraud Adds Up to 17% to Auto Insurance Injury Claims: IRC February 4, 2015 A new study estimates that fraud and claim “build-up” add between $5.6 billion and $7.7 billion in excess payments to...
IRC: Uninsured Motorists a Perplexing, Pervasive Concern August 12, 2014 By Don Jergler A new report shows there hasn’t been much ground gained in the battle to reduce the number of uninsured motorists...
Updated: Federal Insurance Office Seeks Comments on Auto Insurance Affordability April 17, 2014 By Andrew G. Simpson The insurance office within the U.S. Treasury is looking into whether minorities and low and moderate income Americans have access...
Rise in Auto Injury Medical Costs Tops Inflation While Severity Declines March 10, 2014 Medical expenses reported by auto injury claimants continue to rise faster than the rate of inflation, in spite of the...
Wildfires, Hail Take Toll on Colorado Homeowners Insurance July 11, 2013 By Don Jergler It’s safe to say there’s a lot going on in the homeowners insurance scene in Colorado, where homeowners insurance rates...
Insurance Claim-Padding OK with 24% of Americans: Survey March 20, 2013 Twenty-four percent of Americans believe it is acceptable to increase an insurance claim by a small amount to make up...
States With ‘No Pay, No Play’ Laws Lower Uninsured Motorists Rate December 4, 2012 A state’s percentage of uninsured motorists is affected by a no pay, no play law, albeit modestly. A new study...
Homeowners Insurance Claims Cost Rising Rapidly: Study September 26, 2012 The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and...