Benchmarking Discussion: How Current and Emerging Auto Insurance Trends Will Affect Carrier Results
Medical, labor, parts shortages and other rising costs are combining to drive claims costs upward.
Drivers are only part of the reason, as other issues contribute to rising loss costs.
Rate increases, car shortages, economic concerns and more are keeping a lid on the number of policies in force.
Other types of information can uncover trends that relate to insureds shopping.
Analysts have learned that people's personal attitudes and even political affiliations play a surprising role in the observations they report.
