Shutterstock_2028399572

12 January 2024Insurance

US household auto policy inflation tops 20% at end-23, well above claims

US average retail automotive policy inflation rose to above 20% in December, the latest milestone on an upward march that continues to hit multi-decade highs month after month and finally outpace the cumulative post-pandemic rise in claims cost inflation.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Commercial softening spreads, but some tides may be turning: CIAB

20 August 2026 Renewal price declines hit all account sizes, but Q2 survey hints at pockets of firmness.

Capital rush into US inland marine could squeeze pricing and margins

20 August 2026 The line posts its best loss, combined ratio and profit margins in 11 years: AM Best.

Marco Capital boosts specialist insurance services with Pro Global acquisition

20 August 2026 Deal will create a 1,400-strong workforce spanning 15 offices worldwide.

More articles

Commercial softening spreads, but some tides may be turning: CIAB

P&C revenue for Europe’s Big Four reinsurers shrinks by 9% in first half: Fitch

Capital rush into US inland marine could squeeze pricing and margins

Marco Capital boosts specialist insurance services with Pro Global acquisition

Exclusive: Why Bermuda was worth the ‘heavier lift’ for Grove Re

Howden Re appoints Nordic P&C specialist for European market push

Oneglobal strengthens Singapore leadership with new CEO

Arch lifts Bermuda executive to lead international transactional risk

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze