J.D. Powers News

Name Change at Missouri’s Powers Insurance Reflects Risk Management Focus

What’s in a name? When St. Louis-based Powers Insurance and Benefits changed its name in August to Powers Insurance & Risk Management, it was a strategic move that had been in the works for several years, intended to reflect a …

J.D. Power: Personal Lines Agents Missing out on Opportunities in Renters Segment

Insurance agents who only focus on homeowners insurance customers are missing a golden opportunity to build long-term relationships with renter customers as their insurance needs grow due to life or circumstance changes—such as having a family or purchasing a home …

Home Insurance Claimants Who Use Agents Happier Than Those Who Don’t

Satisfaction among home insurance claimants who file through agents is 50 points higher than it is for those who file claims directly. However, the percentage of customers filing through direct channels continues to increase. That is according to the J.D. …

Customer Satisfaction with Auto Insurers at New High: J.D. Powers

Overall customer satisfaction with auto insurance companies has reached an all-time high, according to the J.D. Power and Associates 2012 U.S. Auto Insurance Study. The satisfaction rate was driven primarily by increases in satisfaction with policy offerings, billing and payment, …

Fewer Auto Insurance Buyers Shopping But More Switching Carriers: J.D. Powers

The auto insurance shopping rate has reached the lowest point in the past five years, with only 25 percent of insurance customers indicating they shopped for a new insurer in the past 12 months, down eight percentage points from 2011, …

Customer Satisfaction with Home Insurers Improves, Says J.D. Powers

Customer satisfaction with homeowners insurance companies this year is up from 2010, but still remains below levels achieved in 2009. Overall satisfaction with homeowners insurance companies averages 769 in 2011—improving by 19 points from 2010, according to the J.D. Power …