PnC Newsletter

A significant number of Americans aged 45 and younger show a high level of tolerance for insurance fraud – even feeling envious of those who commit it – according to a new survey of insurance consumers by Verisk and the Coalition Against Insurance Fraud.

Auto and property insurance shopping rates continued to rise in first-quarter 2023, up 7% and 10%, respectively, compared to Q1 2022.

Most small cars don’t provide good protection for rear-seat passengers, the latest crash test ratings from the Insurance Institute for Highway Safety show.  

The legislation passed addresses problems caused by some glass vendors and attorneys who have in recent years churned out unnecessary litigation, teaming up to exploit Florida law and hurt insurance consumers. 

This month, the State of Florida issued an order placing a new fee attached to residents’ home insurance policies. What is being called an “emergency assessment,” will help the state pay off claims of insolvent companies.

Ohio drivers spent an average of 1 minute and 39 seconds per hour on the road handling their phones in March. Since the handheld ban began on April 4, phone motion distraction has fallen to an average of 1 minute and 31 seconds per hour, a drop of over 8%.