Explore how auto insurance in the U.S. evolved from basic liability coverage to advanced telematics-driven pricing models, shaped by regulation and technology.

North Carolina regulators approve a moderated 5% average increase in automobile insurance rates for fall 2024, significantly lower than the 23% initially requested by insurers. Key insights into state-level regulatory impact.

Michigan Senate Bill 328 seeks to mandate a 10% reduction in auto insurance premiums, drawing concern from the insurance industry about potential market destabilization.

The General strengthens its auto insurance market position through culturally attuned campaigns featuring Shaquille O’Neal, T-Pain, and Hasbro’s Bumblebee, using humor and iconic partnerships to engage consumers.

Washington auto insurance rate increases are slowing, with projected 1.8% rise in 2025 after prior high jumps. Regulatory review ensures rates align with claims costs.

Louisiana's 2025 legislative session concluded with key budget approvals and insurance reforms including tax credits for fortified roofs, auto insurance penalties, and measures affecting homeowners and commercial vehicle insurance.

North Carolina announces a 5% average auto insurance premium increase starting October 1 after a regulatory settlement, with a notable 16.3% decrease in motorcycle liability insurance rates statewide.

North Carolina's new SB 452 law raises minimum auto insurance liability limits, mandates underinsured motorist coverage, extends surcharges for inexperienced drivers and moving violations, leading to premium increases starting July 2024.

The 2025 LexisNexis U.S. Auto Insurance Trends Report analyzes 2024 market data revealing rising driving violations, increased policy shopping, and a return to profitability in the auto insurance sector.

The U.S. personal auto insurance industry reported improved underwriting results in 2024 with a net combined ratio of 95.3, driven by strong premium growth and loss control. However, legal system abuse and regulatory challenges pose ongoing risks to profitability and market stability.