Tag: consumer behavior

Q1 2025 Insurance Market Report: Shifts in Consumer Shopping and Switching Patterns

The Q1 2025 J.D. Power Insurance Intelligence report reveals trends in consumer shopping and switching rates across auto, home, and renters insurance amid inflation and material cost challenges, influencing underwriting and premiums.

LIMRA Study Reveals Life Insurance Coverage Gap Amid Strong Market Demand

LIMRA's 2024 study exposes a significant life insurance coverage gap despite strong consumer demand, highlighting education and digital marketing challenges in the U.S. market.