Category: Auto Insurance

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. personal auto insurance industry saw a significant turnaround in 2024, achieving its best underwriting result since the pandemic began,

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty (P/C) insurance industry is entering the latter half of 2025 with a nuanced underwriting landscape, as revealed in the

Parents are increasingly open to using technology to keep their teen drivers safe on the road, a recent survey from Nationwide finds. The survey found 4 out of 5 parents would enroll their teens in te

Improved loss ratios, strong premium growth, and lower retention rates characterized the U.S. auto insurance industry in 2024, according to LexisNexis® Risk Solutions’ 2025 U.S Auto Insurance

By William Nibbelin, Senior Research Actuary, Triple-I Motor vehicle tort cases in federal and state courts generated $42.8 billion in “excess value” from 2014 to 2023, according to new analysis b

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty (P/C) insurance industry is on track for a second consecutive year of underwriting profitability in 2025, and is proje

By Jeff Dunsavage, Senior Research Analyst, Triple-I Florida Gov. Ron DeSantis announced last week that state regulators have secured nearly $1 billion in premium refunds for Progressive auto ins

By William Nibbelin, Senior Research Actuary, Triple-I Economic and social inflation have added a staggering $231.6 billion to $281.2 billion in increased liability insurance losses and Defense and Co

By William Nibbelin, Senior Research Actuary, Triple-I Economic and social inflation have added a staggering $231.6 billion to $281.2 billion in increased liability insurance losses and Defense and Cost Containment expenses in auto and general liability lines, a new report by Triple-I and the Casualty Actuarial Society. The study – The Impact of Increasing Inflation…