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Vehicle insurance

Insurance Information Institute
Business

Triple-I Index Shows Home Insurance Costs Outpacing Auto

September 12, 2026September 8, 2026 - by Timothy Alexander

MALVERN, PA — Homeowners insurance costs have risen substantially faster than personal auto coverage relative to household income since 2020, according to a new Insurance Information Institute index that tracks …

Triple-I Index Shows Home Insurance Costs Outpacing Auto Read More

Insurance Research Council
Business

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
The Institutes RiskStream Collaborative
Business

RiskStream Launches Blockchain Platform for Auto Claims Data Sharing

February 22, 2026February 20, 2026 - by Timothy Alexander

MALVERN, PA — The Institutes RiskStream Collaborative has launched RAPID X, a blockchain-based auto claims data exchange platform designed to allow insurance carriers to share accident information in near real …

RiskStream Launches Blockchain Platform for Auto Claims Data Sharing Read More

Governor Shapiro
Government / Pennsylvania

Insurance Check Goes Digital: Shapiro Signs Law to End Surprise Suspensions

February 6, 2026February 6, 2026 - by Maryann Pugh

HARRISBURG, PA — Gov. Josh Shapiro on Thursday signed bipartisan legislation requiring the Pennsylvania Department of Transportation to create an online system for verifying vehicle insurance, a move supporters say …

Insurance Check Goes Digital: Shapiro Signs Law to End Surprise Suspensions Read More
Insurance Information Institute
Business

New York Auto Insurance Nears $2,000 as Costs Surge and Winter Losses Mount

February 5, 2026February 4, 2026 - by Timothy Alexander

MALVERN, PA — New York drivers paid an average of $1,935 for personal auto insurance in 2024, the highest level ever recorded for the state and the fourth-highest expenditure nationwide, …

New York Auto Insurance Nears $2,000 as Costs Surge and Winter Losses Mount Read More

The Institutes RiskStream Collaborative
Business

Top Insurers Honored for Driving New Auto Claims Data Exchange

January 27, 2026January 26, 2026 - by Timothy Alexander

MALVERN, PA — The Institutes RiskStream Collaborative has named Allstate, Liberty Mutual, and The Hartford as recipients of its 2025 Leadership Award, recognizing their role in accelerating industry adoption of …

Top Insurers Honored for Driving New Auto Claims Data Exchange Read More
Harrisburg capitol
Government / Pennsylvania

Pa. House Unanimously Backs Online Insurance Checks to End Surprise Suspensions

December 19, 2025December 18, 2025 - by Maryann Pugh

HARRISBURG, PA — The Pennsylvania House unanimously approved legislation on Wednesday that would modernize the verification process for vehicle insurance, a change supporters say could spare drivers from unexpected registration …

Pa. House Unanimously Backs Online Insurance Checks to End Surprise Suspensions Read More

Insurance Information Institute
Business

U.S. Personal Auto Insurance Industry Posts Strong 2024 Results Amid Ongoing Challenges

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

MALVERN, PA — The U.S. personal auto insurance industry achieved its best underwriting performance in years, reporting a net combined ratio of 95.3 in 2024, according to the latest Issues …

U.S. Personal Auto Insurance Industry Posts Strong 2024 Results Amid Ongoing Challenges Read More
Pennsylvania Insurance Department (PID)
Pennsylvania

Pennsylvania Insurance Department Urges Residents to Review Insurance Policies This Spring

April 14, 2025April 13, 2025 - by Maryann Pugh

HARRISBURG, PA — The Pennsylvania Insurance Department (PID) is calling on residents to take advantage of the spring season to review their insurance coverage, ensuring optimal protection and identifying potential …

Pennsylvania Insurance Department Urges Residents to Review Insurance Policies This Spring 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

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