LexisNexis® Risk Solutions announced on September 24, 2025, the launch of the Home Claims Insights dashboard within the LexisNexis® Insurance Market Insights platform. This new tool provides U.S. property insurance carriers with timely, data-driven analyses to benchmark their claims performance against industry standards.
The dashboard addresses catastrophic and non-catastrophic claims challenging profitability for the U.S. property insurance market, where claim severities are up 33% between 2021 and year-end 2024. Catastrophic claims comprised 42% of all property claims by year-end 2024 amid increasing natural disasters and rising repair costs.
Ryan Hupp, director, product management, LexisNexis Risk Solutions, stated that the report helps insurance executives pinpoint opportunities for operational improvement, ultimately resulting in better experiences for policyholders. The insights are delivered up to 60-80% faster than industry standards, offering detailed analysis of both catastrophe and non-catastrophe claims activity.
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