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.
Live Webinar on April 11
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.
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