ClaimSearch Trends Report for First Half of 2024

This report is a ClaimSearch Trends report for the first half of 2024, which analyzes claim trends across various policy types, including personal auto, homeowners, workers’ compensation, and commercial auto. It documents the ongoing trends in claim volumes, highlighting a stable personal auto claim volume that has recovered from the COVID-19 pandemic. Homeowner claims have decreased by 10% compared to the previous year but remain elevated relative to historical data. Workers’ compensation claims are trending downward, while commercial auto claims have increased by 3.6% year-over-year. The report also introduces general liability and commercial property claim trends for the first time, noting a decrease in general liability claims since 2021. Additionally, it discusses the rising impact of hail claims, which have reached an all-time high, and outlines the geographic distribution of these claims. The report provides detailed figures and trends for each policy type, contributing to a comprehensive understanding of the current claims landscape.