J.D. Power

Americans are spending more on utilities than ever—and the trend isn’t slowing down. Recent J.D. Power data shows average household utility costs have climbed more than 40% in just five years, with many states now bracing for even more rate increases. Some households pay around $3,400 a year, while others face bills nearing $10,000 depending on where they live. How much are you paying for utilities in your state? Find out from GOBankingRates: https://hubs.la/Q03VW7PW0 #Utilities #Utility #UtilitiesIndustry #UtilityIndustry #JDPower #Data #HouseholdUtility

Holiday spending is expected to be flat in 2025, but credit use is rising among younger shoppers. The latest J.D. Power Banking & Payments Intelligence Report reveals: 1.      45% of consumers plan to spend about the same as last year 2.      Consumers are playing it safe this holiday season 3.      Younger consumers are relying on credit more Inflation still matters, but discipline is the theme this season. For banks, this is a prime opportunity to help customers budget, track spending, and plan smarter. Read the full report for insights and strategies: https://hubs.la/Q03VSHm40

Great conversation at the J.D. Power 2025 Insurance Claims Event in Chicago. I joined Katie Henry from Aon, Kenneth Rosen from Rosen Consulting Solutions and our own Scott Quarderer from J.D. Power for a Fireside Chat on pricing & profitability— and one theme kept coming up: You can’t achieve accurate pricing or sustainable profitability without better data and better collaboration. A few quick takeaways: ✔️ Vehicle complexity is rising fast — and outdated data can derail a claim before it even starts. ✔️ Customers expect speed, transparency and trust in every interaction. ✔️ When insurers, OEMs and repairers share accurate vehicle data, we reduce friction, improve outcomes and protect profitability. Bottom line: modern claims require modern data — and the industry will only get there by working together. Would love to hear what trends you’re seeing in claims costs, pricing pressure or customer expectations. Thanks to all who attended for the great discussions and interactions. #autoinsurance #insuranceclaims

From Rivian's lightning-fast R1S to Lucid Motors' new Gravity SUV and Mercedes-Benz USA's electric G-Class, automakers are packing performance and innovation into their latest EVs. But as Tyson Jominy, vice president of data and analytics at J.D. Power, notes, the U.S. EV market has cooled—dropping to 6% share in October as early adopters step back and tax incentives expire. Still, long-term growth looks steady as many EV owners say they’ll never return to gas. With fresh entries from Cadillac, Porsche Cars North America, and Jeep, competition is heating up even as the market catches its breath. Full article on ABC News: https://hubs.la/Q03VBRNy0 #EV #EVs #ElectricVehicles #ElectricVehicle #AutoSales #Auto #Automotive #AutomotiveIndustry

50% of all account openings result in churn. Silent attrition is real—38% of  banking customers with a checking account leave without a word. Our latest J.D. Power Financial Services Churn Data & Analytics Q3 Report reveals actionable insights to help you stay ahead. See insights: https://hubs.la/Q03VBRry0 #Churn #Attrition #Banking #FinancialServices #Banks #FinancialIndustry #Finances

The J.D. Power–GlobalData November '25 U.S. auto sales forecast is out: 🎬 November Rain: Hangover from EV pull ahead still lingering 📉 Retail sales down 4.8% Y/Y; total sales down 5.2% 🔋 EV share steady at 6.0%, but far below September’s 12.9% peak 📈 Transaction prices: $46,029 (+1.6% YoY) 🎯 Incentives: $3,211 per vehicle (+$375 vs. October; -$125 YoY) 💸 Monthly payments hit $760 📊 84-month loans: 11.1% of financed sales (near record high) 💡 Full release ➡️ https://lnkd.in/gAUGnNEM #auto #autosales #dataanalytics #automotive #sales #forecast #jdpower #useconomy #tariffs #EVs #mobilitytrends

🚨 Bonus podcast drop: Exclusive interview with Meghan Anzelc, Ph.D., who leads Aon's Transformation Solutions Center of Excellence! How can P&C carriers move from AI pilots to real results? We sat down with Meghan, head of Aon’s Transformation Solutions Center of Excellence, to break down what AI transformation really takes — from getting strategy right to aligning tech, talent and operations for scale. Tune in wherever you listen to podcasts: https://hubs.la/Q03VsxpW0 #AI #ArtificialIntelligence #Insurance #InsuranceIndustry #Business #Podcast

#ICYMI: The J.D. Power 2026 Auto Summit agenda is now LIVE! Explore the full lineup to see what’s ahead: https://hubs.la/Q03VlK710