The Data Behind Rising Homeowners Premiums: By Peril and By State October 24, 2024 The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according...
New Drivers and Electric-Vehicle Tech Bring New Risks to Auto Insurance Market June 21, 2024 By Jahna Jacobson High claim severities, persistent risky driving behavior, electric vehicles and shop-and-swap consumers are challenging auto insurers to stay profitable. The...
Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis May 17, 2024 Shoppers in the U.S. aren’t ready to accept higher auto insurance rates, choosing to shop around for the best deal...
Suit Says OnStar, LexisNexis Shared Driving Data With Insurers, Spiking Rates March 15, 2024 By William Rabb Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south...
Drivers Are Shopping, Swapping Auto Insurance Policies at Record Pace May 19, 2023 By Jahna Jacobson Drivers are kicking the tires and trading up for new auto insurance policies. In the first quarter, new policy growth...
Auto Insurance Shopping Rebounds After Dropping During Spring August 18, 2020 Auto insurance shopping and new business growth rebounded in May and June after a drop in late March and early...
How Coronavirus Has Affected Auto Insurance Shopping May 19, 2020 This year began with auto insurance buyers shopping around more than ever but by mid-March shopping began to slow down...
Weather, Wildfire Claims an Increasing Share of Home Insurance Losses October 31, 2018 U.S homeowners insurers saw an increase in both the number of losses and the percentage of those losses that resulted...
Despite Rise in Catastrophe Losses, Home Insurance Loss Costs Declined in Recent Years September 28, 2017 In 2016, Colorado and Texas homeowners suffered the greatest percentage of catastrophic losses due to extreme weather and other perils,...
Homeowners Insurance Claims, Loss Costs Declining, LexisNexis Report Finds October 27, 2016 A study of home insurance trends reveals good news for home insurance carriers: homeowner claims continue to decrease and loss...