The ‘shelter-at-home’ directive that took place across most of the U.S. this spring shed new light on just how different ‘home’ is across the U.S., and led to a number of new, enhanced, accelerated or disrupted demographic trends. Time spent commuting to work grew in the last two decades as populations gravitated toward metro areas […]
With numerous public insurers reporting Q2 2020 and first half CY 2020 results, a common theme has emerged. Collision and property damage liability claim frequencies for Q2 2020 were reported down between 20 – 40 percent, while claim severities were reported up between 10 – 20 percent. In this month’s edition of CCC Trends, analyst […]
In this month’s edition of CCC Trends, Susanna Gotsch analyzes the shifts in claim and accident frequency due to the COVID-19 pandemic. To check out the rest of the #CCCTrends series, visit CCC’s YouTube channel. Download the full pdf report here.