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Research + Data. Find the latest updates, data and in-depth analysis of insurance issues—along with a wide array of facts and statistics about the industry.
NAPHIA’s State of the Industry Report 2024 Highlights states that the total premium volume for pet insurance in the U.S. was $3.9 billion in 2023. The total number of pets insured in the U.S. at year-end 2023 was nearly 5.7 million, a 17 percent increase over 2022. The average accident and illness premium for dogs was $676 a year or $56 a month.
Triple-I Financial Analysis of P/C Insurer Performance in 2019. 2019 - Commentary on first nine months financial results. 2019 - Commentary on first half financial results. 2019 - Commentary on first quarter financial results. 2018 - Commentary on year-end financial results.
Facts + Statistics: Highway safety. The cost of auto insurance can be affected by the vehicle's cost and crashworthiness (the degree to which it can protect occupants from the effects of an accident) and by the driver's safety habits. Insurers support raising awareness about safe driving practices, such as seatbelt usage and avoiding driving ...
Natural Catastrophes By Quarter, 2023 (1) (2023 $ millions) (1) Natural disasters that cause at least $25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. Includes Puerto Rico and the U.S. Virgin Islands. Includes losses sustained by private insurers and government-sponsored ...
3 de ene. de 2024 · Only 3% of Americans correctly guessed the cost of a 10-year, $500,000 term life insurance policy for a healthy, 40-year-old buyer. The largest percentage of respondents (28.4%) thought the cost ...
Common frauds include “padding,” or inflating actual claims, misrepresenting facts on an insurance application, submitting claims for injuries or damage that never occurred, and “staging” accidents. According to the Coalition Against Insurance Fraud, insurance fraud costs the U.S. $308.6 billion annually. The biennial study by the ...
