Soaring insurance premiums, particularly for autos, are fueling rising consumer prices and complicating policymakers’ attempts to beat back inflation. Inflation cooled for much of the year before ...
Rising auto insurance premiums have been a notable driver of inflation in the past several months. In April, motor vehicle insurance jumped 22.6% from a year earlier, the largest increase since 1979, ...
The legacy of Michigan’s 1973 no-fault auto insurance law is the root cause of the auto insurance crisis the state has spent ...
The past couple of years have been tough on consumers’ wallets. Inflation has affected groceries, gas and lots of other everyday expenses — and auto insurance is no exception. Prices for most goods ...
Auto insurance rates have doubled in the last 10 years, according to the latest Consumer Price Index data and it’s outpacing inflation, putting an added financial strain on many Americans. It seems ...
Housing and insurance costs remain stubbornly high, keeping monthly bills elevated even as overall inflation cools. Food ...
Insurance costs in the United States have skyrocketed, rising over 20% in the past year, significantly outpacing the national inflation rate of about 3%. This surge is forcing many families to make ...
Economists are busy hunting for signs of tariff-induced price hikes in the monthly inflation data. They may be overlooking some good news, which is that a surge in the cost of car insurance is finally ...
Inflation cooled slightly in February, but motor vehicle insurance inflation remains stubbornly high. According to the latest Bureau of Labor Statistics’ Consumer Price Index (CPI) report, the current ...
Get any of our free daily email newsletters — news headlines, opinion, e-edition, obituaries and more. Insurance costs — for both car and homeowners coverage — are up significantly across the country ...