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Report: U.S. Consumers Continue to Shop and Switch Auto Insurance at Higher Rates, Dragging on Retention Rates

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. That’s according to the LexisNexis Insurance Demand Meter, a “Hot” Q4 …
Source: Claims Journal