-
1 week ago | 
carriermanagement.com | Jahna Jacobson
The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. However, it’s a winding road, according to the 2025 annual LexisNexis Risk Solutions U.S. Auto Insurance Trends Report, “Market Shifts Shaping U.S. Auto Insurance”. Consumers continue to shop and switch at record levels while driving goes electric and claim severity and driving violations are on the rise.
-
1 week ago | 
insurancejournal.com | Jahna Jacobson
The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. However, it’s a winding road, according to the 2025 annual LexisNexis Risk Solutions U.S. Auto Insurance Trends Report, “Market Shifts Shaping U.S. Auto Insurance”. Consumers continue to shop and switch at record levels while driving goes electric and claim severity and driving violations are on the rise.
-
1 week ago | 
carriermanagement.com | Jahna Jacobson
While major corporate cyber hacking makes the news nearly every day, what about hackers in homes? As personal lives and residences become more intertwined with the internet, consumers are at greater risk of personal cybercrime. As risk grows, so does consumer need for protection—although they may not know it.
-
1 month ago | 
insurancejournal.com | Jahna Jacobson
Driver overconfidence is leading to risky behavior. Nationwide’s latest driver survey found 20% of drivers text while driving, 15% use social media, 13% watch videos, and 11% read or write emails. Half of all drivers admit to eating or drinking while driving, and 13% get ready for work. Nearly half of the drivers surveyed (47%) believe the growing prevalence of built-in touchscreens and displays designed for navigation, communication, and entertainment contribute to driver distraction.
-
1 month ago | 
carriermanagement.com | Jahna Jacobson
As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks and coverage to get more build for their buck. The new Nationwide Agency Forward Commercial Lines Protection Survey surveyed commercial property stakeholders about what they’ve experienced in the last five years and how those lessons impact today’s insurance decisions.
-
2 months ago | 
claimsjournal.com | Jahna Jacobson
Driver overconfidence is leading to risky behavior. Nationwide’s latest driver survey found 20% of drivers text while driving, 15% use social media, 13% watch videos, and 11% read or write emails. Half of all drivers admit to eating or drinking and 13% are getting ready for work. Nearly half of the drivers surveyed (47%) believe the growing prevalence of built-in touchscreens and displays designed for navigation, communication and entertainment contribute to driver distraction.
-
2 months ago | 
insurancejournal.com | Jahna Jacobson
Driver overconfidence is leading to risky behavior. Nationwide’s latest driver survey found 20% of drivers text while driving, 15% use social media, 13% watch videos, and 11% read or write emails. Half of all drivers admit to eating or drinking and 13% are getting ready for work. Nearly half of the drivers surveyed (47%) believe the growing prevalence of built-in touchscreens and displays designed for navigation, communication and entertainment contribute to driver distraction.
-
2 months ago | 
insurancejournal.com | Jahna Jacobson
As roads become more dangerous, 70% of company drivers say they worry about being killed or hurt in a collision or held liable for the damages. While 89% of company drivers rate their driving as good or excellent, less than 60% say the same of other drivers. Nationwide’s April 2025 survey found that company drivers have incongruent perceptions about their safety and behavior. At least one in five company drivers (21%) admit to feeling distracted while driving for work.
-
2 months ago | 
mynewmarkets.com | Jahna Jacobson
Save your favorite listings and companies with a single click! Sign up for a free account to get access to this and many other features. Inquire about multiple listings in a single message! Sign up for a free account to get access to this and many other features. Have a specific hard to find market request? We'll do the searching for you! Sign up for a free account to get access to this and many other features.
-
2 months ago | 
insurancejournal.com | Jahna Jacobson
Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s climate of increasingly longer claim cycle times and higher costs for homeowners’ insurance. “Customers are, in essence, paying higher prices for slower service,” said Mark Garrett, director of insurance intelligence at J.D. Power.
