The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently ...
Jersey City, N.J., June 15, 2023 (GLOBE NEWSWIRE) -- First Chicago Insurance Company (FCIC), a proud member of the Warrior Insurance Network (WIN), is refining its commercial auto underwriting with ...
NEW YORK--(BUSINESS WIRE)--Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the ...
INDIANAPOLIS, Indiana, March 15-- The National Association of Mutual Insurance Companies issued the following news release: Legislation to ban the use of credit information in underwriting auto ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
CheapInsurance.com reports that many states allow non-business owners to obtain commercial auto insurance based on vehicle use for business activities.
The age-old insurance underwriting model worked well for a traditional environment of slower and more predictable change, with similar processes and risk evaluation methods across insurers. Today, the ...
These results were particularly evident in the segment's underwriting expense ratio, which improved noticeably during the 2014-2024 timeframe. In 2024, the U.S. P/C segment's combined ratio dropped ...
While rates for auto insurance have been increasing for years, the prices that millions of American drivers pay for coverage are unavoidable, with insurance required in nearly every U.S. state. With ...
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