Insurance Research Council

In the eighteenth episode of Insurance Information Institute's podcast series, #alleyesoneconomics, Triple-I's Chief Economist and Data Scientist Dr Michel Leonard CBE speaks to Insurance Research Council Board Chair, Michael Robon. Michel and Mike tackle key questions to the industry like “How do we make insurance affordable?” “Why should we care about #Tort #Reform?” and “What is the role of economists and data driven decisions in insurance today?”. Listen in to hear Mike’s perspective as an IRC leader and how that perspective contributes to the work he does every day at Liberty Mutual Insurance. Listen to the episode, produced by Triple-I’s Marina Madsen on: Audible: https://lnkd.in/eq2s92WM Spotify Podcasts:https://lnkd.in/efHWHJFQ

Our latest consumer survey report on Public Opinion on Attorney Involvement in Insurance Claims, highlights a growing public sentiment that the legal landscape, particularly in personal injury auto claims, is significantly influenced by attorney advertising. Sixty percent of respondents indicated attorney advertising increases the number of auto claims, up from 55 percent from a previous IRC survey conducted in 2021. Fifty two percent of respondents feel that attorney advertising increases the cost of their auto insurance, a rise from 45 percent in 2021. The full report is available for free to all IRC members and for purchase to the general public on our website: https://lnkd.in/e9PsYCx8 Be sure to follow us for more valuable insurance insights! #InsuranceResearch #AutoInsurance #InsuranceAffordability #AttorneyAdvertising #TPLF #LitigationFinancing #IRCResearch #InsuranceResearchCouncil #DataDrivenInsights #InsuranceTrends #InsuranceNews Dale Porfilio Vickie Kilgore William Nibbelin Elizabeth McConlogue

Join us for our upcoming member-only webinar on Monday, September 30th, at 11 am ET. This session will feature recent research on personal auto #insurance affordability, focusing on #Michigan and #Louisiana, and new survey research exploring public perceptions about attorney advertising, litigation financing, and attorney involvement in insurance claims. If you are interested in this member webinar, please fill out the request form below: https://lnkd.in/e7vNiMnE Dale Porfilio Vickie Kilgore William Nibbelin Elizabeth McConlogue #personalautoinsurance #InsuranceResearch #attorneyadvertising #insuranceaffordability #IRCResearch #InsuranceResearchCouncil #InsuranceTrends

AI is set to reshape insurance — but will carriers merely follow regulations, or rise to challenge guiding ethical practices? Our latest whitepaper explores this critical question and offers insights into how insurers can navigate AI disruption to become stewards of trust and accountability. Secure your copy now and consider your role as an AI pioneer ➡️ https://bit.ly/3YWCkBN #ethicalAI #insuranceinnovation #futureofinsurance SAS

Dale Porfilio had the opportunity to share the IRC’s research with Louisiana House of Representatives last week, testifying on why Louisiana remains the least affordable state for auto insurance. Key factors include high bodily injury claim frequency, medical costs, and attorney involvement.

Last week, Vickie Kilgore of the Insurance Research Council was featured on a panel of experts at the #NAICSummerMeeting, Center for Insurance Policy and Research Measuring and Assessing (Homeowner) Insurance Affordability event. The panel examined what’s driving the rise in costs and explored options for consumers seeking more affordable coverage. If you missed it, be sure to check out insights from Vickie Kilgore and other thought leaders in the field! #naicsummermeeting #insuranceinsights #insuranceresearch #Insuranceresearchcouncil

#Georgia’s #personal #auto #insurance has become one of the least affordable in the U.S., with costs rising faster than any other state, according to our latest report published last Thursday. This free brief highlights a combination of factors driving up costs, including economic inflation, high replacement costs, poor driving behavior, and legal system abuse. Discover more about these cost-driving factors in our full report, available for free on our website: https://lnkd.in/eyVh5NEk Be sure to follow us for more valuable insurance insights! #InsuranceResearch #autoinsurance #personalautoinsurance #insuranceaffordability #Georgiainsurance #legalsystemabuse #IRCResearch #InsuranceResearchCouncil #DataDrivenInsights #InsuranceTrends #insurancenews Dale Porfilio Vickie Kilgore William Nibbelin Elizabeth McConlogue

#Personal #auto #insurance has become more affordable for #Michigan drivers since the state implemented significant legislative reform in 2019, according to findings from our recent research brief, which was published last Wednesday.  Read the full report for free on our website: https://lnkd.in/eyVh5NEk Be sure to follow us for more valuable insurance insights! #InsuranceResearch #autoinsurance #personalautoinsurance #insuranceaffordability #Michiganinsurance #legislativereform #IRCResearch #InsuranceResearchCouncil #DataDrivenInsights #InsuranceTrends #insurancenews Dale Porfilio Vickie Kilgore William Nibbelin Elizabeth McConlogue

#Personal #auto #insurance has become more affordable for #Michigan drivers since the state implemented significant legislative reform in 2019, according to findings from our recent research brief, which was published last Wednesday.  Read the full report for free on our website: https://lnkd.in/eyVh5NEk Be sure to follow us for more valuable insurance insights! #InsuranceResearch #autoinsurance #personalautoinsurance #insuranceaffordability #Michiganinsurance #legislativereform #IRCResearch #InsuranceResearchCouncil #DataDrivenInsights #InsuranceTrends #insurancenews Dale Porfilio Vickie Kilgore William Nibbelin Elizabeth McConlogue

Save your seat for the next Tuesday's IRC member-only webinar. We will present our latest research findings from the Homeowners Insurance Affordability: Trends and State Variations report and will share a sneak preview and preliminary findings of the upcoming research regarding Personal Auto Affordability in #Georgia. Fill out the request form below to register: https://lnkd.in/esj7K8bU #homeownersinsurance #personalautoinsurance #InsuranceResearch #homeownersinsurance #insuranceaffordability #IRCResearch #InsuranceResearchCouncil #InsuranceTrends