Latest News
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New Car Shoppers Face Harsh Price Reality, Report Finds
3 min. read|November 20, 2024
Tesla Insurance Losses, Customer Complaints Continue Mount
2 min. read|November 20, 2024
USAA Home Insurance Rates Climbing for 265,000 California Homeowners
2 min. read|November 19, 2024
Kia, Hyundai to Pay Up to $145 Million to Settle Lawsuit Over TikTok-Inspired Thefts
2 min. read|November 13, 2024
Got Flood Insurance? You’ll Be Able to Make Monthly Payments Come January
3 min. read|November 12, 2024
Vet Clinic Pet Insurance Coordinators May Be a Prescription for More Coverage and Healthier Pets
2 min. read|November 4, 2024
Milton Lands Among Top 10 Costliest Hurricanes for Insured Losses
2 min. read|October 31, 2024
Insights and Analysis
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Report: Drivers Grapple With 9% Increase in Car Ownership Costs in 2023
Car ownership costs an average of $4,695 annually in 2023, a 9% increase since the year before. Rising insurance and maintenance costs are primary drivers behind this increase.
November 8, 2023
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Investigation: Did TikTok’s Kia Challenge Cause a 55% Spike in Insurance Rates?
TikTok’s Kia Challenge probably isn’t to blame for insurance rate hikes. Inflation and rising car repair costs are the more likely culprits behind increases.
November 28, 2023
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Analysis: Electric Car vs Gas Car Costs
Tesla cuts contribute to falling EV prices, but electric models are still too expensive. Cost concerns are a deterrent for 70% of potential EV buyers.
December 10, 2023
Home Insurance News
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USAA Home Insurance Rates Climbing for 265,000 California Homeowners
Home insurance rates are about to increase dramatically for hundreds of thousands of California policyholders. State insurance regulators recently approved rate increases for two of USAA’s largest subsidiaries.
2 min. read|November 19, 2024
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Got Flood Insurance? You’ll Be Able to Make Monthly Payments Come January
Flood insurance policyholders renewing or buying new coverage after Dec. 31 can opt for monthly payments instead of an annual up-front sum.
3 min. read|November 12, 2024
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Milton Lands Among Top 10 Costliest Hurricanes for Insured Losses
Hurricane Milton is among the top 10 costliest Hurricanes for insured losses, but Helene was deadlier.
2 min. read|October 31, 2024
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Colorado Pushes Insurers to Incentivize Wildfire Mitigation Efforts
As insurers cut coverage to avoid expensive wildfire claims, homeowners have few options and little incentive to make pricey mitigation improvements.
3 min. read|October 30, 2024
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No Rate Hike for Texas Windstorm Insurer, State Insurance Regulator Decides
The Texas Department of Insurance has blocked a Texas Windstorm Insurance Association rate increase request. But it’s not all good news for policyholders.
2 min. read|October 30, 2024
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Cost-Sharing Bill Would Spread Natural Disaster Losses Across Unaffected States
U.S. states could soon share in the cost of keeping insurers afloat after catastrophic natural disasters anywhere in the country, under a new bill put forth by a Florida congressman.
2 min. read|October 29, 2024
Auto Insurance News
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New Car Shoppers Face Harsh Price Reality, Report Finds
Surveyed car shoppers looking to spend $35,000 or less on their next vehicle face average transaction prices over $47,000, according to an Edmunds report.
3 min. read|November 20, 2024
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Tesla Insurance Losses, Customer Complaints Continue Mount
Tesla Insurance lost more money in the second quarter of 2024 than in the first quarter.
2 min. read|November 20, 2024
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Kia, Hyundai to Pay Up to $145 Million to Settle Lawsuit Over TikTok-Inspired Thefts
Automakers Kia and Hyundai have agreed in a California federal court to pay between $80 million and $145 million to settle a class action lawsuit.
2 min. read|November 13, 2024
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Fighting High Auto Insurance Premiums Will Need a ‘Wholistic’ Approach, Louisiana Legislators Say
Louisianians pay the sixth-highest rates for car insurance. State legislators say they’re aware of the problem and have been taking steps to address Louisiana’s escalating car insurance costs.
2 min. read|October 30, 2024
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Average Car Insurance Rates as of October 2024
The overall average cost per month for car insurance edged down in September, Insurify data shows.
4 min. read|October 22, 2024
Average Car Insurance Rates as of September 2024
The overall average monthly cost of car insurance edged down in August, ending the month at $150, Insurify data shows.
4 min. read|September 5, 2024
Pet Insurance News
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Vet Clinic Pet Insurance Coordinators May Be a Prescription for More Coverage and Healthier Pets
Pet health insurance may be less common than health insurance for humans, but it’s often every bit as complicated. A handful of U.S. veterinary hospitals have begun offering help — dedicated pet insurance coordinators — the Veterinary Information Network (VIN) reports.
2 min. read|November 4, 2024
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Lemonade Set to Hike Pet Insurance Rates in California
More than 57,000 pet owners will see their pet insurance premiums rise sharply following the California Department of Insurance’s approval of substantial rate increases for Lemonade pet insurance policies.
1 min. read|September 26, 2024
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New York Moves to Regulate Pet Insurance Industry in the State
New York legislators have passed a bill that establishes standards for pet insurers operating in the state. Learn more.
3 min. read|July 31, 2024
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Nationwide May Drop 100K Pet Insurance Policies
Nationwide, one of the largest U.S. pet insurers, says high veterinary costs are spurring underwriting changes and plan availability in some states.
2 min. read|June 3, 2024
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Two Large California Pet Insurers Set to Hike Rates in 2024
More than 84,000 California pet owners could see double-digit rate increases for their pet insurance coverage this year.
2 min. read|May 14, 2024
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Florida Mulls Bill to Leash Pet Insurance Providers
Faced with the highest home insurance premiums in the country, Floridians may not be giving much thought to escalating pet insurance costs and potential pitfalls. But some state lawmakers are.
2 min. read|March 13, 2024
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