TransUnion News

Shopping for Homeowners and Auto Insurance Rose in 3Q, Report Shows

Auto and property insurance shopping rose markedly in the third quarter of 2024, pushing carrier switches up 38% compared with last year, according to a report from TransUnion. Homeowners insurance shopping rose 19% and auto insurance shopping rose 16% respectively, …

U.S. SEC Hits 7 Public Companies with Penalties for Violating Whistleblower Protections

Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated whistleblower protections, the regulator said on Monday. TransUnion agreed to pay $312,000 and Acadia Healthcare Company will pay $1.39 million …

Report: Auto Insurance Shopping Continued to Rise, but Rates Stabilized in Q2

Auto insurance shopping volume set a new record for the second consecutive quarter, according to a new report that shows the number of U.S. consumers shopping for auto insurance was up 7% compared to the same period a year ago. …

TransUnion: Auto Insurance Shopping Hit New High in Q1 2024

The number of U.S. consumers who shopped for auto insurance in rose in the first quarter, largely driven by consumers in the West and Midwest. The findings show a continuation of strong growth in shopping at the end of last …

Business News: Neuro-ID, Livegenic, Concentra and Hi Marley

TransUnion Using Neuro-ID for Fraud Detection TransUnion, an analytics provider that produces consumer credit scores, has teamed up with Neuro-ID to employ the tech company’s behavioral analytics software to detect fraud and reduce risk for insurance customers. Neuro-ID’s Friction Index …

Business News

NORCAL Mutual Subsidiary Renamed to NORCAL Specialty NORCAL Mutual Insurance Company’s Pennsylvania-based wholly-owned subsidiary, PMSLIC Insurance Company, has been renamed NORCAL Specialty Insurance Company, pending additional regulatory approvals. NORCAL Specialty is the NORCAL Group’s surplus lines carrier. The name change …