U.S. Commercial Auto Insurance Achieves Underwriting Profitability for Years
U.S. commercial auto insurance has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting P&C insurance
Commercial Auto Insurance
“Commercial Auto Insurance” provides insights into policies designed for businesses that use vehicles in their operations. This category reviews coverage options for company cars, trucks, vans, and other commercial vehicles, addressing liability, property damage, and collision risks. It covers essential details about premiums, policy limits, and factors affecting rates, such as vehicle type and usage.
The section also explores specialized coverages like hired and non-owned auto insurance, endorsements, and how to manage claims efficiently. Aimed at business owners, fleet managers, and insurance professionals, it highlights trends, regulatory changes, and emerging technologies impacting commercial auto insurance. The goal is to provide comprehensive and practical information to help readers make informed decisions regarding their commercial vehicle coverage.
U.S. Commercial Auto Insurers to Remain Unprofitable in 2024
The U.S. commercial auto insurance segment to remain unprofitable in 2024, with rising claims severity from inflation and burgeoning litigation risk
US Auto Insurance Rates by States in 2024 (November)
2024 US Auto insurance rate for full coverage car insurance is $1,895, but how much you’ll pay depends largely on where you live
U.S. Auto Insurance Market Review: Premiums & Underwriting Losses
Most U.S. personal auto insurers continue to report underwriting losses despite sharper improvement in premium rates
U.S. Commercial Auto Insurance Market: 2023 Results
US commercial auto insurance premiums increased year over year in 2023, according to S&P Global Market Intelligence. The sector will see a combined ratio of 97–98%
US Commercial Insurance Revenue Growth. Top 10 Insurers
The U.S. commercial lines insurance segments are being challenged by slower revenue growth, inflation-based claim uncertainty and less favorable loss reserve experience
TOP 20 US Auto Insurers Underwriting Results
The US auto insurance industry had a year to forget as the business line reported its worst underwriting results in over two decades
Impact of Social Inflation for P&C Insurance & Commercial Auto Insurance Costs
The phenomenon of social inflation has garnered a great deal of attention in the property and casualty (P&C) insurance industry
Marine mutual insurers and P&I Clubs are planning rate hikes for 2025, driven by rising claims and inflation pressures. Marine mutuals are under growing pressure
Hurricane Helene’s recent destruction underscores the rising flood risk impacting local economies and tax bases in the Eastern and Southern United States
Changes to reinsurance-related capital requirements proposed by the Australian Prudential Regulation Authority strengthen Australian general insurers’ credit profiles
European insurers' ratings will remain unaffected by the proposed capital surcharges on fossil fuel-related assets, according to EIOPA