Commercial Auto: Profitability Issues Remain, But There’s Light at the End of Tunnel

Carrier Management: “Despite insurers’ best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two major carriers have exited the business.” This article discusses the troubled history of this line, what can be done to correct the situation, and how a few carriers are writing this line profitably.

read more