PR Newswire

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The NewsWire Hub ("X-Billboard") currently comprises four of the most important international news sources and is supplemented by a stock market information service. The individual newswire services complement each other and provide a complementary range of information, more than three quarters of the official news sources on which editors worldwide base their stock market reporting. Your advantage: You will find everything here in one overview. You can navigate to the individual sections using the control elements. In the terminal view, you can carry out individual searches at company level.
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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Wed, 21.02.2024       RELX
US7595301083

According to the LexisNexis Insurance Demand Meter, a "Hot" Q4 2023 spelled continued rate increases, along with improved combined ratios, and now opens a window for insurers to capitalize on continued shopping as they seek a return to profitability in 2024

ATLANTA, Feb. 21, 2024 /PRNewswire/ --

Key takeaways

U.S. auto insurance shopping and new policies posted positive year-over-year growth and record volumes for the final quarter of the year, both registering as 'Hot' on the LexisNexis® Insurance Demand Meter.Year-over-year shopper growth showed the strongest Q4 growth since 2020.Quarterly year-over-year growth for new policies outpaced shopper growth for the sixth consecutive quarter, meaning consumers continue to switch carriers at an increasing rate when they shop.Not resigned to higher rates, 41% of insured households shopped their auto insurance at least once in 2023.Retention levels have dropped a staggering three percentage points since Q1 2022 as consumers hit the market
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