According to the Insurance Information Institute, the U.S. personal auto insurance market is being hit hard in this inflationary environment, with sharp deteriorations in combined and loss ratios expected to continue for the foreseeable future (Triple-I). In its recently updated 2022 Trends and Insights: Personal Auto Insurance Rates, the Triple-I noted that the combined ratio… Continue reading Inflation, Distraction Driving, Legal System Abuse Impacting Auto Insurance Market
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