The Week in Brief: Commercial auto rates, wage inflation
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The Week in Brief: Commercial auto rates, wage inflation

Different big rigs semi trucks with semi trailers standing in row on the twilight truck stop and illuminated by the light of passing truck

Let’s get you up to speed on the key highlights of the week.

1. Commercial auto rates expected to climb 5%-10% in 2022 and 2023 

As claims frequency approaches pre-pandemic levels, underwriters and brokers agree that commercial auto insurers will continue to raise rates in the mid-high-single-digit range for at least the next...

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