LexisNexis News
LexisNexis: Despite Challenges, Auto Insurers See Positive Growth in New Policies
Quarterly year-over-year auto insurance shopping growth in the U.S. was +5.2 percent in Q2 2023, according to the most recent LexisNexis Risk Solutions Insurance Demand Meter report. Reacting to ...By the Numbers: Rising Insurance Litigation
A new report highlighting trends in federal district courts and appellate courts indicates insurance litigation continues to increase, especially relating to business liability policy, ...Digital Personal Lines Claims Portals at High Risk of Identity Fraud
Identity-related fraud is putting personal lines insurers to the test. Nearly all offering digital claims portals reported, in a newly released survey, that identity fraud has a negative impact on ...Drivers Are Shopping, Swapping Auto Insurance Policies at Record Pace
Drivers are kicking the tires and trading up for new auto insurance policies.
In the first quarter, new policy growth rate was up 17 ...
LexisNexis: Auto Claim Severity Up 35% Over Pre-Pandemic Rates
Claim severity for both bodily injury and property damage increased by 35 percent since 2019, while collision claim severity has jumped 40 percent, LexisNexis Risk ...