North Carolina's Insurance Commissioner approves a 5% average increase in automobile insurance rates and a 16.3% decrease in motorcycle liability premiums, highlighting regulatory adjustments and market impacts starting October 1, 2025.

Explore how the 2025 California wildfires are reshaping insurance claims handling, market capacity, and emerging solutions like parametric insurance amid growing wildfire risks.

TransUnion reports an increase in consumers 60+ days behind on car payments to 1.4% in Q1, indicating rising auto loan delinquencies and potential insurance risk implications.

Mercury Insurance appoints Steve Bennett as Senior Director to enhance risk mitigation and resilience in high-risk property and casualty insurance markets impacted by climate-driven catastrophes.

Autonomous vehicles are projected to reduce U.S. auto insurance costs while shifting liability toward product and cyber insurance, reshaping underwriting and market dynamics by 2040.

NJM Insurance Group leads the Mid-Atlantic in J.D. Power 2025 auto insurance rankings, excelling in customer satisfaction and claims handling benchmarks.

North Carolina's automobile insurance rates will increase by an average of 5% starting October 1, following a regulatory settlement that also lowers motorcycle liability insurance rates by 16.3%. This marks a significant reduction from the originally requested 22.6% auto rate hike.

Car insurance companies are prioritizing suspended licenses over speeding tickets in underwriting and pricing strategies, indicating an evolving approach to risk assessment.

North Carolina announces a 5% average auto insurance rate hike effective October 2025 under a settlement with the Rate Bureau. Insights on market impact and regulatory context.

Michigan lawmakers introduce bills to reduce auto insurance premiums by 10% and eliminate reinstatement fees to lower uninsured rates and improve coverage access.