Insurance plan premiums

Over three-fourths, 76%, of consumers have reviewed their insurance policies in the past six months or plan to do so by the end of the year, according to Nationwide's 2024 Economic Impact research.

The average premium for homeowners insurance in the US is expected to hit $2,522 by the end of the year, driven largely by intensifying natural disasters, rising reinsurance costs and higher fees for home repair, according to Insurify, a Massachusetts-based insurance-comparison platform.

A new J.D. Power report points to rising premiums and difficulties in getting coverage as reasons for a chill on auto insurance consumers shopping and switching habits. Digital Insurance spoke with Stephen Crewdson of the automotive data company.

The top three insurtech-owned carriers had more than $10 billion combined in direct premiums written.

The top three infractions have an average insurance premium increase of 103% after the infringement.

In the six states where credit score matters the most, a driver with no credit pays on average 94% more for car insurance than a driver with exceptional credit.

In the five states where credit score matters the least, a driver with no credit pays on average just 11% more for car insurance than a driver with outstanding credit.

The top five states have an average insurance premium increase for a DUI conviction of $1,366.80.

Because of the financial risk associated with insuring such an expensive satellite, ViaSat-3 is probably covered by several policies across different companies.

The company reported a $342 million loss on an adjusted basis for the period, compared to profit of $730 million a year earlier, it said Wednesday in a statement.