Research

This Research Brief summarizes a study conducted in conjunction with the Insurance Information Institute, using civil court data to understand the impact of increased litigation over the ten years from 2014 to 2023.

This Research Brief updates auto insurance affordability trends through 2022 and provides countrywide projections for 2023 and 2024. State rankings for 2022 are included, along with a visual representation of key cost drivers in each state.

This study examines state regulatory environments for personal auto insurance. Key measures of rate regulation are examined countrywide over time, across different regulatory systems, and across states.

Louisiana remains the least affordable states for auto insurance, with premium expenditures as a share of income well above its Southern neighbors and the rest of the U.S.

Georgia’s auto insurance affordability ranking has been deteriorating for several years, with rising claim costs and concerns about increased litigation.

Michigan’s auto insurance affordability ranking has improved in the wake of significant no-fault reforms, but the state continues to be one of the least affordable in the country.

This Research Brief examines Louisiana personal insurance affordability challenges and includes comparisons of various cost drivers of personal auto and homeowners insurance.

This update to the IRC’s longstanding Trends in Auto Claims series examines two decades of frequency, severity, and average loss costs for three vehicle damage coverages and two auto injury coverages. It also documents the claims impact of the COVID-19 pandemic.

This Research Brief examining personal auto affordability in Florida includes comparisons of various cost drivers of auto insurance costs.