Auto insurance customer satisfaction decreases as rates continue to increase: J.D. Power

Share!

Reinsurance News - Jun 16, 2023

31% of US auto insurance customers experienced a rate increase during the past year as the industry raises rates an average of 15.5%, and insurers continue to battle through the forces of record high loss ratios. At the same time, auto insurers also lost an average 12 cents on every dollar of premiu...

Read Full Article

Recommended Articles

Capgemini report finds physical AI expected to scale within five years despite deployment barriers

Posted: Apr 16, 2026

Capgemini Research Institute, the research division of the Capgemini, has published the report Physi...

Beazley plans new Marine War insurance consortium to expand market capacity

Posted: Apr 16, 2026

Beazley, a large specialist insurer, has announced plans to establish a new Marine War insurance con...

Marsh CEO Doyle ‘pleased’ with Guy Carpenter’s execution in Q1’26 in spite of headwinds

Posted: Apr 16, 2026

John Doyle, President and Chief Executive Officer (CEO) of global insurance and reinsurance broking...