AM Best: US P/C Reverses Nine-Month Underwriting Loss December 4, 2024 Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S....
AM Best Improves Outlook on US Personal Auto Segment to ‘Stable’ November 25, 2024 By Chad Hemenway Insurance rating agency AM Best today said it has shifted its outlook of the U.S. personal auto insurance segment to...
Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why. November 21, 2024 By Andrew G. Simpson A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than...
Report: Blue, Red and Swing States Also Differ on Home and Auto Insurance October 24, 2024 There’s not only a broadening divide between the ideologies of Democrats and Republicans, but there seems to be quite a...
Survey: People Open to Higher Premiums to Subsidize Higher-Risk Individuals—Sometimes September 16, 2024 A surprising percentage of people are open to paying higher insurance premiums to subsidize higher-risk individuals, but only when they...
Americans Shop Around for Insurance More Than Ever as Costs Soar August 28, 2024 By Alex Tanzi Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s...
Unpacking the Truth Behind High Auto Insurance Premiums July 22, 2024 By Rick Gorvett Recently, a local television newscast ran a short report on the current high price of auto insurance. After recording one...
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis, Survey Shows June 28, 2024 By Jahna Jacobson Homeowners are cutting back on dining out, travel, groceries and even medication to afford their soaring property insurance premiums. One...
US Home Insurance Premiums May Hit a Record This Year, Report Warns April 1, 2024 By Coco Liu US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states...
25 Straight Quarters of Premium Increases for Commercial Lines, Survey Shows March 4, 2024 By Chad Hemenway Overall commercial property/casualty premiums increased slightly for all account sizes to 7% on average in the fourth quarter 2024, continuing...