Commercial auto insurance underwriting losses surge in 2022: AM Best
Reinsurance News - Oct 04, 2023
The U.S. commercial auto insurance segment faced a substantial setback in 2022, with underwriting losses skyrocketing to $3.3 billion, as revealed by a recent report from AM Best. This downturn came on the heels of nearly breakeven results in the previous year. Commercial auto insurance has persiste...
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