LexisNexis Q1 2025 U.S. Auto Insurance Demand Shows Strong Shopping and Policy Growth
U.S. auto insurance shopping grew 16% in Q1 2025, driven by tax refunds, tariffs, and older consumer activity, while retention rates declined to 78%.
U.S. auto insurance shopping grew 16% in Q1 2025, driven by tax refunds, tariffs, and older consumer activity, while retention rates declined to 78%.
Key executive appointments at Everest Group, Patriot Growth, Trucordia, Mutual of America, and Roots reflect strategic leadership strengthening and AI integration in the evolving U.S. insurance market.
Roots names insurance veteran Robin Spaulding as head of insurance to drive AI integration and modernize claims and underwriting for P&C insurers.
The Baptist General Convention of Texas is launching the Texas Baptists Indemnity Program to offer comprehensive, affordable property and liability insurance tailored for Texas Baptist churches, backed by regulatory approval and a $12 million reserve.
CLARA Analytics study reveals AI and machine learning enable detection of potential insurance fraud within two weeks of claim filing, improving early intervention in property and casualty claims.
Florida's recent insurance reforms have reduced insurer accountability, complicating claims processes and impacting both personal and commercial policyholders amid rising premiums and market instability.
U.S. auto insurance shopping increased 16% in Q1 2025 as tax refunds and tariffs drive new vehicle purchases. Policy retention declines, prompting insurers to adjust strategies.
This Q4 report details increased patent litigation by non-practicing entities in U.S. federal courts, focusing on infringement cases in tech and retail sectors. Key insights on judicial trends, prevalent patents, and implications for insurance underwriting and risk management.
Explore key factors influencing New Orleans auto insurance, including unique driving challenges, local risks, coverage options, and cost management strategies for better protection.
A major U.S. state-run auto insurance claims organization adopts Sapiens ClaimsPro SaaS platform to modernize claims processing, enhance reporting, and reduce technical debt while improving operational efficiency.