Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.

Insurance companies nationwide are slashing vehicle insurance rates in response to a sharp reduction in claims.

NEW YORK — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been ...

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 ...

As of January 2026, De Sanits said there have been 83 filings for rate decreases and 100 filings for no increase – bringing ...

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 ...

Surging auto insurance premiums are stoking inflation and keeping the financial pressure on millions of Americans nationwide. Consumer prices rose 0.3% in April from the previous month, slightly lower ...

Inflation is cooling after a hot start to 2024, but it's still higher than policymakers would like. One culprit: The cost of auto insurance. Consumer Price Index data released Wednesday showed U.S.

* The cost of auto insurance has skyrocketed following the COVID-19 pandemic, making cars even more unaffordable for average Americans. * Factors like crime and traffic accidents are driving up the ...

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 ...

Inflation is cooling after a hot start to 2024, but it’s still higher than policymakers would like, leading Federal Reserve officials to pledge Wednesday to hold off longer on easing interest rates.