Car insurance premium pileup continues

Consumer price inflation clocked a hotter than expected 3.5% annual clip in March, which exceeded the 3.2% consensus expectation. One notable culprit: auto insurance premiums, which spiked by 22% year over year, the sharpest hike since 1976. Drivers are paying about 45% more to cover their Tin Lizzies versus 2021 according to the Bureau of […]