For several years now, the commercial auto segment has been among the property/casualty insurance industry’s worst performing lines. Wounded by a sharp uptick in claims frequency and severity and helped little by inadequate premium increases, average direct loss ratios and combined ratio hover around 66 and 110, respectively.
On-Demand Webinar
What are your chances of being hit with insurance rate hikes or a nuclear verdict? Building a positive safety culture could help mitigate risks. Join experts in technology, trucking, and law to see what steps you can take to build a positive safety culture.
Watch Now