A new survey from the Insurance Research Council (IRC) finds that while phone calls remain the most common method consumers use to manage their auto insurance, many consumers are eager to use digital methods to accomplish the same tasks. Sixty-nine …
In a recent online poll about experiences with auto injury insurance claims, almost half of respondents with auto injury claims hired attorneys to help settle those claims, according to a survey commissioned by the Insurance Research Council. The most common …
More than half (56 percent) of the drivers participating in an Insurance Research Council (IRC) public opinion survey have made changes in how they drive since installing a telematics device provided by their insurance company in their primary vehicle. Thirty-six …
Claims cost per injured vehicle are still increasing in the United States, even though better vehicle safety has helped reduce claims frequency, the Insurance Research Council found in a new report. The IRC, a division of the American Institute For …
According to a recent report released by Penn.-based Insurance Research Council (IRC), a nonprofit research organization funded by property/casualty insurers, auto injury fraud and buildup adds an estimated $5.6 and $7.7 billion in excess claims payments in 2012. The comprehensive …
A new study estimates that fraud and claim “build-up” add between $5.6 billion and $7.7 billion in excess payments to auto injury claims paid in the United States. The excess payments represented between 13 percent and 17 percent of total …
The uninsured motorist (UM) rate can fall by as much as 1.6 percent after a state adopts a no pay, no play law, according to a new study from the Insurance Research Council (IRC), a division of The Institutes. Currently, …
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 …
Across the nation, chances are roughly one in seven that a driver is uninsured, according to an Uninsured Motorists study conducted by the Insurance Research Council (IRC). Nine insurers contributed data to the study, representing approximately 50 percent of the …