Insurance Research Council News
Insurance Industry Slams Treasury’s New Auto Insurance Affordability Formula
Federal regulators have adopted a methodology for monitoring the affordability of automobile insurance, capping years of debate and public comments. Property/casualty insurers, however, said the new ...
Telematics Does Indeed Shape Many Drivers’ Behavior: IRC Survey
With auto insurers such as Progressive and Allstate increasingly using telematics as an underwriting tool, the question remains as to whether the technology will truly influences drivers to be safer ...
Auto Injury Claims Costs Keep Rising Even With Safer Vehicles: IRC
Auto injury claims costs are still increasing in the United States, even though better vehicle safety has helped reduce claims frequency, the Insurance Research Council found in a new report. The ...
Auto Insurance Becoming More Affordable
Personal auto insurance has become more affordable over the last three decades for all income groups, according to a new report from the Insurance Research Council (IRC). The average U.S. consumer ...
Majority of Consumers Satisfied With Auto Insurance, But Many Still Shopping for Price: IRC Survey
The majority of insured drivers are satisfied with their current auto insurance company, according to a recent public opinion survey, but many are still shopping for a better price. The survey by the ...
Cost of Uninsured Motorists Continues to Climb: IRC
There hasn't been much ground gained in the battle to reduce the number of uninsured motorists on the road, according to a new industry report. And experts don't fully understand why a solution to ...