The property/casualty insurance industry saw the 2021 net combined ratio increase to 99.5, 0.8 points higher than 2020, driven by deterioration in the personal auto and, to a lesser extent, the workers compensation lines. Homeowners, Commercial Auto, Commercial Multi-Peril and General Liability were the product lines with significant improvement year-over-year. According to the latest underwriting… Continue reading P/C Carriers Hit By Inflation, Supply Chain and Riskier Driving Behavior
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