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You are here: Home / Archives for Inflation

U.S. Employer Health Care Costs Projected to Rise 9.5% in 2026

September 11, 2025 By CollisionWeek Editor Leave a Comment

U.S. employer health care costs are projected to increase 9.5% in 2026, exceeding $17,000 per employee, according to data released Wednesday by Aon plc. The increase marks the third consecutive year of health care cost trends approaching double digits. Rising chronic conditions, including musculoskeletal and cardiovascular disease, along with high-cost conditions like cancer, are driving […]

Filed Under: News Tagged With: AON, Health Insurance, Inflation

Consumer Sentiment Declines on Growing Inflation Worries

September 2, 2025 By CollisionWeek Editor Leave a Comment

Consumer sentiment was down nearly 6% in August versus July, declining for the first time in four months. Consumer sentiment confirmed its early-month reading, moving down about 6% from July, and over 14% from August 2024 according to the University of Michigan’s Surveys of Consumers report released August 29. The Consumer Sentiment Index fell to […]

Filed Under: News Tagged With: Consumer Sentiment, Inflation, University of Michigan

Consumer Sentiment Down in Mid-August

August 18, 2025 By CollisionWeek Editor Leave a Comment

Preliminary results show declines compared to July and index remains below year ago levels. The University of Michigan Index of Consumer Sentiment was down over three index points from July according to the preliminary results for August released Friday. The preliminary result of 58.6 was 3.1 points or 5% lower than 61.7 in July. The […]

Filed Under: News Tagged With: Consumer Sentiment, Inflation, University of Michigan

U.S. Auto Body Repair Prices in July Up Compared to Previous Month and Year

August 15, 2025 By CollisionWeek Editor

Auto body prices have been up on a month-over-month basis since February. The most recent government figures on inflation through July show the auto body repair prices were up versus June and July 2024. The rate of growth of auto body repair prices, a measure of the amount spent on body repairs across the U.S., […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index, Inflation, Used Vehicle Prices

Personal Auto Insurance Underwriting Results Best Since Pandemic

June 17, 2025 By CollisionWeek Editor

Insurance Information Institute reports 2024 personal auto combined ratio outperformed broader property-casualty insurance. Report examines correlation between new vehicle and parts inflation to premium increases. The United States personal auto insurance industry achieved its strongest underwriting performance in the post-pandemic era, recording a net combined ratio of 95.3 in 2024, according to a new Issues […]

Filed Under: News Tagged With: Auto Insurance, Combined Ratio, Inflation, Insurance Information Institute

Insurance Information Institute Projects P/C Insurance Replacement Costs Outpacing CPI in 2025

January 30, 2025 By CollisionWeek Editor

The Insurance Information Institute (Triple-I) expects the pace of increase in average property/casualty insurance replacement costs to exceed increases in the consumer price index in 2025 and beyond as auto replacement costs rise for the first time since 2022 as CPI continues to decline. Triple-I’s replacement cost index for personal and commercial auto tracks changes […]

Filed Under: News Tagged With: consumer price index, Inflation, Insurance Information Institute, Used Vehicle Prices

Employers Expect Health Benefit Cost to Increase More Than 5% in 2025

September 13, 2024 By CollisionWeek Editor

According to report by Mercer, this will be the third consecutive year of health benefit cost increases above 5%. Mercer, a business of Marsh McLennan (NYSE: MMC) released preliminary results from its 2024 National Survey of Employer-Sponsored Health Plans. According to an analysis of responses from over 1,800 US employers, total health benefit cost per […]

Filed Under: News Tagged With: Health Insurance, Inflation, Mercer

U.S. Auto Body Repair Prices Down in July Compared to Previous Month

August 16, 2024 By CollisionWeek Editor

While auto body prices remain above last year, prices have been down on a month-over-month basis since May. The most recent government figures on inflation through July show the rate of growth of auto body repair prices is below the rate of general inflation for the fifth time this year after more than 30 months […]

Filed Under: Research Tagged With: Auto Body Repair Prices, Inflation

U.S. Employer Health Care Costs Projected To Increase 9 Percent Next Year

August 15, 2024 By CollisionWeek Editor

Projected increase is above the 6.4% increase reported this year. The average cost of employer-sponsored health care coverage in the U.S. is expected to increase 9.0%, surpassing $16,000 per employee in 2025, according to Aon (NYSE: AON), the global professional services firm. This projected increase, which assumes employers do not implement employee cost sharing increases […]

Filed Under: News Tagged With: AON, Health Insurance, Inflation

U.S. Auto Body Repair Prices Down in May Compared to April

June 13, 2024 By CollisionWeek Editor

The rate of increase in auto body prices was below the increase in the national consumer price index. The most recent government figures on inflation through May show the rate of growth of auto body repair prices is below the rate of general inflation for the third time this year after more than 30 months […]

Filed Under: Research Tagged With: Auto Body Repair Prices, Inflation

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