U.S. Personal Auto Insurers See Strong Recovery, Growth Expected in 2025
The improving 2024 results for U.S. personal auto insurers are expected to persist through the rest of 2024 and into 2025. Significant price hikes and easing claims severity
US Auto Insurance Sector reviews on Beinsure media covers the landscape of car insurance in the United States. This section provides insights into the major players, trends, and regulatory aspects shaping the industry. It highlights the key factors influencing insurance rates, including risk assessment, underwriting practices, and claims processing.
The category explores how technological advancements, such as telematics and AI, impact policy offerings and customer experiences. It also addresses shifts in consumer behavior and preferences, as well as emerging market trends.
The review focuses on industry performance, competitive strategies, and future outlook, offering a comprehensive view of how the auto insurance market evolves in response to economic, technological, and societal changes.
The improving 2024 results for U.S. personal auto insurers are expected to persist through the rest of 2024 and into 2025. Significant price hikes and easing claims severity
The U.S. commercial auto insurance segment to remain unprofitable in 2024, with rising claims severity from inflation and burgeoning litigation risk
2024 US Auto insurance rate for full coverage car insurance is $1,895, but how much you’ll pay depends largely on where you live
Most U.S. personal auto insurers continue to report underwriting losses despite sharper improvement in premium rates
US commercial auto insurance premiums increased year over year in 2023, according to S&P Global Market Intelligence. The sector will see a combined ratio of 97–98%
The US auto insurance industry had a year to forget as the business line reported its worst underwriting results in over two decades
The US P&C industry recorded a net underwriting loss of $26.5 billion, worsening by $21.5 billion from the previous year
The phenomenon of social inflation has garnered a great deal of attention in the property and casualty (P&C) insurance industry
The best auto insurance companies in each state provide liability, comprehensive, collision, PIP, and uninsured & underinsured motorist coverage
The approximately $260 billion US auto insurance market is on notice. The conventional US insurance market, currently dominated by internal-combustion-engine (ICE) vehicles