Insurance plan premiums

The quest for money-saving alternatives reflects a rapid run-up in insurance premiums in recent years, driven partly by the rising cost of car parts and repairs.

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.

Auto and property rates in the third quarter of 2022 were also influenced by inventory changes, Hurricane Ian, and recession fears.

USAA tops Forrester list with 'moderate' performance on trustworthiness.

The industry is shaping ESG adoption on a world scale and a comprehensive ESG plan should include a focus on data.

Swiss Re Institute finds growing flood losses, underinsured homeowners.

The country is now considered "very risky" due to mounting flood and fire dangers, as well as risks to people and infrastructure following last year's deadly riots, according to Paul Hanratty, chief executive officer at Sanlam Ltd.

The biggest U.S. life insurer reported earnings results that beat analyst estimates even as the rate environment weighed on investing profitability.

Accenture released its Why AI in Insurance Claims and Underwriting?

Progressive and USAA, during Q2, lost the most consumers to GEICO.

Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance.