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Insurance Research Council

The Insurance Research Council (IRC) is a division of The Institutes, the leading provider of risk management and insurance knowledge solutions. The Institutes offer professional and associate designations, including the CPCU® program, along with introductory, foundation, and leadership programs; online and continuing education courses; custom solutions; assessment tools; and industry consortia. The IRC provides timely and reliable research to all parties involved in public policy issues affecting insurance companies and their customers. The IRC does not lobby or advocate legislative positions. It is supported by leading property-casualty insurance organizations.

Insurance Research Council
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Auto Injury Claims Surge as Legal Involvement Rises

August 10, 2026August 9, 2026 - by Timothy Alexander

MALVERN, PA — Average U.S. auto bodily injury claim payments climbed at a 7.8% annualized rate from 2017 to 2022, more than twice the pace of medical care inflation, as …

Auto Injury Claims Surge as Legal Involvement Rises Read More

Insurance Research Council
Business

Slow Insurance Rate Approvals Leave Homeowners Market Facing Mounting Strain

November 24, 2025November 22, 2025 - by Timothy Alexander

MALVERN, PA — A new report from the Insurance Research Council shows that homeowners’ insurers are waiting significantly longer for state approval of rate filings, a trend that has widened …

Slow Insurance Rate Approvals Leave Homeowners Market Facing Mounting Strain Read More
Insurance Research Council
Business

Homeowners See Benefits in Aerial Imagery but Awareness Gap Remains

August 24, 2025August 23, 2025 - by Timothy Alexander

MALVERN, PA — A new report from the Insurance Research Council (IRC) reveals that while most U.S. homeowners recognize the potential benefits of aerial imagery technologies—such as satellite, drone, and …

Homeowners See Benefits in Aerial Imagery but Awareness Gap Remains Read More

Insurance Research Council
Business

Rising Homeowners Insurance Costs Create Challenges for U.S. Consumers

June 16, 2025June 15, 2025 - by Timothy Alexander

MALVERN, PA — Over the last two decades, the average cost of claims per insured home in the United States has risen faster than inflation, spurred by natural disasters, higher …

Rising Homeowners Insurance Costs Create Challenges for U.S. Consumers Read More
Insurance Research Council
Business

Auto Insurance Affordability Declines Amid Rising Premiums

April 1, 2025March 30, 2025 - by Timothy Alexander

MALVERN, PA — Auto insurance affordability has taken a hit in recent years, with rising premiums outpacing income growth, according to a new study by the Insurance Research Council (IRC), an …

Auto Insurance Affordability Declines Amid Rising Premiums Read More

Insurance Research Council
Business

Report Reveals Rise in Uninsured and Underinsured Drivers Across the U.S.

February 23, 2025February 22, 2025 - by Timothy Alexander

MALVERN, PA — A new report by the Insurance Research Council (IRC), Uninsured and Underinsured Motorists: 2017–2023, has revealed a troubling rise in uninsured and underinsured driver rates across the United …

Report Reveals Rise in Uninsured and Underinsured Drivers Across the U.S. Read More

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