High Auto Insurance Rates Drive Record Comparison Shopping in 2024
Record high auto insurance rates in 2024 are fueling unprecedented comparison shopping and customer switching, challenging insurers to improve retention amid rising premiums.
Record high auto insurance rates in 2024 are fueling unprecedented comparison shopping and customer switching, challenging insurers to improve retention amid rising premiums.
Commercial auto insurance premiums increased up to 29% in Q2 2024, driven by legal challenges and high-value verdicts. Industry reports predict continued cost rise in 2025, impacting trucking carriers' margins.
Employer health insurance premiums are projected to increase 6-7% in 2025, the largest rise in 15 years, with employers adjusting plans to balance costs and options for employees.
ACA health insurance premiums are set to rise sharply in 2026 as enhanced premium subsidies expire, with insurers citing medical inflation and drug costs. Congressional action is uncertain amid strong public support for subsidy extension.
Progressive Corporation sets new record with 25.9 million personal auto insurance policies in force in July 2025, showing strong year-over-year growth in the auto insurance market.
US excess casualty insurance rates remain elevated but are moderating, especially in high excess layers, signaling a shift in market pricing dynamics after 2024's peak increases.
Wall Street shows bearish price targets for Macy's and CNA Financial amid market volatility, while PJT Partners offers a noteworthy stock watch. Insights for insurance and financial sectors in 2025.
Analyze Q2 earnings across major U.S. property and casualty insurers including Old Republic International, Root, Selective Insurance Group, RLI, and Stewart Information Services. Understand market trends, interest rate impacts, and sector challenges.
Explore the significant reduction in property values held by key insurance firms in Hartford over 30 years, reflecting changing dynamics in the local corporate and insurance landscapes.
Analyze promising and underperforming Russell 2000 stocks including Xponential Fitness, Tutor Perini, and insurance leader HCI Group. Understand valuation and market impacts on these small-cap investments.