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Hospital Cost Shifting Adds to Auto Injury Claim Costs

Apr 22, 2010
MALVERN, Pa.— According to a new study from the Insurance Research Council, low reimbursements from public health insurance programs, such as Medicare and Medicaid, have prompted hospitals to shift costs to automobile insurance companies—raising auto injury claim costs and forcing auto insurers t
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Consumers Satisfied With Insurers

Aug 20, 2009
MALVERN, Pa.— An overwhelming majority of consumers with auto and homeowners insurance are satisfied with their insurance companies, according to a new public opinion study by the Insurance Research Council (IRC).
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In Response to Economic Downturn Most Consumers Maintain Essential Insurance Coverages

Apr 28, 2009
MALVERN, Pa.— A new study by the Insurance Research Council (IRC) finds that many Americans have taken steps to reduce personal insurance costs in response to the economic downturn, but that maintaining essential auto and homeowners coverage remains a priority for the vast majority of consumers.
A business man sitting and holding a smart phone next to a briefcase. A blue hologram of stock market charts is overlaid on top of the image.

Economic Downturn May Push Percentage of Uninsured Motorists to All-Time High

Jan 21, 2009
MALVERN, Pa.—Approximately one in six drivers across the United States may be driving uninsured by 2010, according to a recent study from Insurance Research Council (IRC).
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Fraud and Buildup Add 13 to 18 Percent in Excess Payments to Auto Injury Claims

Nov 24, 2008
MALVERN, Pa.— A new study by the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $4.8 billion and $6.8 billion in excess payments to auto injury insurance claims closed with payment in 2007.
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New IRC Study Documents Role of Chiropractors in Minnesota's No-Fault Auto Insurance System

Sep 12, 2008
MALVERN, Pa.—Chiropractors now account for a greater share of total provider charges in Minnesota's no-fault insurance system than all other types of treating providers combined.
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IRC Research Documents Higher Injury Claim Costs With Lighter Weight Vehicles

Aug 26, 2008
MALVERN, Pa.— The cost of auto injury claims involving lighter-weight vehicles tends to be higher than the cost of claims involving heavy vehicles, according to new research from the Insurance Research Council (IRC).
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Impact of Colorado No-Fault Insurance Repeal Documented in New IRC Report

Mar 07, 2008
MALVERN, Pa.—In 2004, the first year after Colorado repealed its no-fault insurance law, auto injury claim costs returned to levels occurring prior to the rapid cost increases that culminated in repeal of the no-fault law in 2003.
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Falling Claim Frequency and Rising Claim Severity Create Unsettled Auto Insurance Claim Environment

Feb 27, 2008
MALVERN, Pa.— Falling auto injury claim frequency and rising claim severity have created an unsettled auto injury claim environment countrywide, according to a new report from the Insurance Research Council (IRC).