‘Predict and Prevent’ Insurance Model Can Restore Consumer Trust: Nationwide

Source: Getty Images With homeowners’ insurance replacement costs jumping 55% between 2020 and 2022 and nearly two-thirds of U.S. drivers finding auto insurance unaffordable, the personal lines insurance industry must transform from a reactive “repair-and-replace” model to a proactive “predict-and-prevent” approach to rebuild consumer trust and ensure long-term…