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Trouble Around the Bend for Commercial Auto Insurers After Good 2021?

For the primary time in a few years the business auto insurance coverage section loved a mixed ratio beneath 100 in 2021, however elevated declare frequency and severity in 2022 level to a U-turn in monetary outcomes. Based on AM Greatest, prices associated to social inflation, nuclear verdicts, increased restore prices, and distracted driving are possible outpacing latest fee will increase regardless of insurers’ efforts ...

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