Commercial Auto Loss Payments Outpace Inflation at 6.4%
AM Best says commercial auto loss payments for the first 12 months rose 6.4% annually in 2014-2024, more than double inflation, as excess claims reached umbrella policies.
Topic
Commercial Auto Insurance
Topic
Commercial Auto Insurance
Trucking Insurance Costs Climbed 18.6% While Crashes Fell
Trucking liability premiums rose 18.6% from 2021-2024 even as crash rates fell 2.6%, ATRI finds, with excess layers up 45% and a…