U.S. personal auto insurance continues to struggle amid rising claims severity: AM Best

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Reinsurance News - Dec 14, 2023

U.S. personal auto insurers faced another challenging period in the first half of 2023, as claims severity continued to rise, according to a recent report by AM Best. Following a dismal performance in 2022, the segment posted a direct incurred loss ratio more than three percentage points above the s...

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