Tag: Insurance Trends

Majority of Younger Americans Prioritize Wealth Over Insurance Protection

Northwestern Mutual study reveals younger Americans focus more on wealth building than life and disability insurance, highlighting a gap in risk protection awareness and advisor engagement.

Q1 2024 Auto Insurance Shopping Growth Driven by Higher-Risk Consumers

Auto insurance shopping rose 10% in Q1 2024, driven by higher-risk consumers and traditional risk-based rate adjustments, with key factors like driving records and credit scores influencing premiums.

Q1 2025 Insurance Trends Show Shift to Risk-Based Pricing and Demographic Change

TransUnion reports a 10% rise in auto insurance shopping in Q1 2025 led by higher-risk consumers, alongside significant demographic shifts in homeownership and increased natural disasters impacting property insurance costs.

Aging Global Population to Transform US Property & Casualty Insurance by 2050

The Capgemini report reveals how global aging will reshape the US Property and Casualty insurance market by 2050, emphasizing demographic impacts, climate-related risks, and AI-driven underwriting evolution.