By Lewis Nibbelin, Research Writer, Triple-I New Yorkers pay the fourth-highest personal auto expenditures in the United States, costing households an average of $1,935 in 2024, or 2.23 percent of the
Category: Auto Insurance
Resilient U.S. P/C Market Performance Sets Stage for a Complex 2026
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. property/casualty insurance industry demonstrated notable resilience throughout 2025, navigating a landscape marked by significant
Legal Reforms Prompt Declines in LouisianaAuto Insurance Rates
By Lewis Nibbelin, Research Writer, Triple-I Louisiana Insurance Commissioner Tim Temple recently announced that new litigation reforms have helped drive improvement in the state’s auto insurance ma
Personal Auto 2024 Underwriting Results Best Since Pandemic
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,
Personal Auto Shines, General Liability Faces Headwinds in Q3 2025
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 Eye IoTto Address Perilsof Teen Driving
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
Auto Premium Growth Slows As Policyholders Shop Around, Study Says
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
Revealing Hidden Costto Consumers of Auto Litigation Inflation
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
Despite Headwinds,P/C Insurance Industry Maintains Course in 2025
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
Florida Governor Touts Auto Insurance Rebates, Tort Reform Success
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
