Latest LexisNexis Headlines
All the headlines from our LexisNexis Topic Page, ordered by recency.
Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis
May 17 2024 // Shoppers in the U.S. aren’t ready to accept higher auto insurance rates, choosing to shop around for the best deal and coverage, a new report finds. U.S. consumer auto insurance shopping activity registered as...
Suit Says OnStar, LexisNexis Shared Driving Data With Insurers, Spiking Rates
Mar 15 2024 // Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers? A south Florida man says indeed, they do, and has filed a proposed class-action lawsuit...
LexisNexis: Auto Insurance Shopping Slows but Still Remains Elevated
Nov 29 2023 // For the first time in more than a year, overall U.S. auto insurance shopping growth registered as ‘cool’ on the LexisNexis Risk Solutions Insurance Demand Meter in the third quarter of 2023, continuing a...
Auto Claim Severity Up 35% Over Pre-Pandemic Rates: LexisNexis Report
Jun 5 2023 // Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%, LexisNexis Risk Solutions says in a new report. The data broker’s 2023 U.S. Auto...
Auto Claim Severity Up 35% over Pre-Pandemic Rates – LexisNexis Report
May 12 2023 // Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%, LexisNexis Risk Solutions says in a new report. The data broker’s 2023 U.S. Auto...
LexisNexis Acquires Home Inspection Tech Firm Flyreel
Jun 3 2022 // LexisNexis Risk Solutions has acquired Flyreel, a Denver-based property technology firm that uses artificial intelligence (AI) and machine learning to enable self-service property inspections. Flyreel says its technology...
Coronavirus and Auto Insurance Shopping
Jun 1 2020 // This year began with auto insurance buyers shopping around more than ever, but by mid-March, shopping began to slow down before returning to normal a few weeks later. According to the data firm LexisNexis, shopping has...
How Coronavirus Has Affected Auto Insurance Shopping
May 19 2020 // This year began with auto insurance buyers shopping around more than ever but by mid-March shopping began to slow down before returning to normal a few weeks later. According to the data firm LexisNexis, shopping has...
Massachusetts’ Activer Solutions Appoints Feirer as Chief Marketing Officer
May 29 2019 // Activer Solutions, a Marlborough, Mass.-based, strategic service partner providing business process outsourcing to the property and casualty insurance industry, has appointed Ernie Feirer as chief marketing officer. This...
Weather, Wildfire Claims an Increasing Share of Home Insurance Losses
Oct 31 2018 // U.S homeowners insurers saw an increase in both the number of losses and the percentage of those losses that resulted from an extreme weather event during 2017. According to a LexisNexis Home Trends report, loss costs...
Despite Rise in Catastrophe Losses, Home Insurance Loss Costs Declined in Recent Years
Sep 28 2017 // In 2016, Colorado and Texas homeowners suffered the greatest percentage of catastrophic losses due to extreme weather and other perils, according to a study of home insurance trends. The six-year LexisNexis Risk Solutions...
Insurity Names Giglio CEO to Succeed Founder Glazer, Who Becomes Chairman
Jul 10 2017 // Hartford-based Insurity Inc., which sells core processing software and data integration products for insurance carriers, has appointed Jeffrey Glazer as executive chairman and Chris Giglio as chief executive officer,...
Homeowners Insurance Claims, Loss Costs Declining, LexisNexis Report Finds
Oct 27 2016 // A study of home insurance trends reveals good news for home insurance carriers: homeowner claims continue to decrease and loss costs are flat or on the decline. The 2016 LexisNexis Home Trends Report notes that while the...
LexisNexis Risk Solutions to Acquire Crash and Project Business Group Appriss
Aug 9 2016 // LexisNexis Risk Solutions, part of RELX Group, announced it is acquiring the Crash and Project business group Appriss, a public safety business that provides technology solutions for the efficient collection of crash...
Ex-Insurance Exchange Executive Lynch Joins EvoSure Board
Dec 2 2014 // EvoSure, a technology company with a web-based platform that brings together commercial insurance brokers with underwriters, has expanded its advisory board to include Peter Lynch, a 20-year veteran in insurance technology...
Genstar Sells Significant Interest in Insurance Software Firm Insurity
Nov 4 2014 // Private equity firm Genstar Capital said it has sold a significant interest in Insurity, an insurance processing and data integration software business, to TA Associates, a Boston-based private equity firm. San Francisco...
LexisNexis and Jing You Plan China Joint Venture for Auto Carriers
Oct 23 2014 // LexisNexis Risk Solutions, a division of Reed Elsevier, plans to create a joint venture with Jing You, a private supplier of data, software and services to the insurance industry in the People’s Republic of China....
Usage-Based Insurance Overcoming Privacy Concerns, Gaining Traction
Sep 5 2014 // Consumers as well as commercial fleet managers are becoming more accepting of usage-based insurance (UBI) in which a telematics device is used to track driving behavior as safety and savings benefits appear to be trumping...
Firms Report Increase in False Histories of Commercial Drivers: LexisNexis
Nov 16 2012 // Employers tripled their employment verifications of commercial drivers during the first half of 2012, possibly indicating that companies are experiencing a driver shortage and are processing more applicants through...
LexisNexis, BuildFax Collaborate to Expand Homeowners Insurance Information
Nov 14 2012 // LexisNexis Risk Solutions has formed a strategic relationship with BuildFax to assist homeowners insurance companies with the challenges associated with insuring homes. Through this relationship, insurers will be able to...
