Latest News

Affordability of Personal Auto Insurance 3x Worse in Louisiana Compared to Most Affordable State, IRC Study Finds
Aug 25, 2022
The least affordable state for personal auto insurance continues to be Louisiana, where the share of household income going to pay for auto insurance was three time higher than in the most affordable state, according to a new study from the Insurance

Majority of U.S. Agrees Attorney Ads Increase Number of Lawsuits, IRC Survey Finds
Jun 28, 2022
Most Americans believe attorney advertising increases the number of liability claims and lawsuits and more than half link these ads to higher insurance costs.

One in Eight Drivers Uninsured
Mar 22, 2022
MALVERN, Penn.—March 22, 2021—One in eight drivers on the road in 2019 was driving without insurance, according to a new report from the Insurance Research Council (IRC). In 2019, the estimated countrywide uninsured motorist rate was 12.6 percent.

Louisiana, Florida Among Least Affordable States for Auto Insurance, New IRC Study Reveals
Sep 28, 2021
Louisiana, Florida and Michigan remain the least affordable states for auto insurance, while Iowa remains the most affordable state, according to a new study from the Insurance Research Council (IRC).

Insurance Will Face COVID-19 Side-Effects Even After Pandemic Ends
Feb 01, 2021
MALVERN, Pa., February 2, 2021—A new study from the Insurance Research Council (IRC) finds that two-thirds of respondents worked from home at least part of the time during the COVID-19 pandemic.

High Cost of No-Fault Claims Puts New York Among the Least-Affordable States for Auto Insurance
Sep 02, 2020
MALVERN, Pa., September 2, 2020—New York ranks as the fourth-least-affordable state in the country for auto insurance, according to a study from the Insurance Research Council (IRC). New York’s affordability index was 2.21 percent from 2013 through 2016, compared with 1.58 percent countrywide.

Telematics Programs Prompt Changes in Driving Behavior, Although Not All Changes Permanent
Aug 24, 2020
MALVERN, Pa.— According to a new survey study from the Insurance Research Council (IRC), 80 percent of drivers who participated in an auto insurer-sponsored telematics program reported changing how they drive, but not all the changes were permanent: 42 percent of those who made changes while in t

New Study Finds That Auto Injury Claim Severity Pushes Insurance Costs Higher
Dec 19, 2019
MALVERN, Pa., February 18, 2019—Despite today’s safer cars and roads, a rise in the severity of auto injury claims is increasing costs for insurers and creating upward pressure on the cost of coverage for consumers, according to a new study from the Insurance Research Council (IRC).