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The commercial trucking insurer is now available in 27 states for its auto liability coverage.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Casualty underwriters were taking a “conservative and selective approach” with high-risk categories and accounts with poorer loss histories.
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Inside P&C’s news team runs you through the key highlights of the week.
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Sources expect rates to increase in the mid-high single-digit range through at least 2023, closer to 15% to 25% for higher risks.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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August’s overall consumer price index edged up 0.1 points, after no change in the prior month.
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Used car prices in August fell further, down 4% from July, according to auction house Manheim’s monthly market report.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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With the recapitalization, the Chattanooga, Tennessee-based brokerage expects to grow to $1bn in GWP from ~$500mn in three years.
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The Manheim Used Vehicle Value Index declined to 211.6, up 8.8% from a year ago but showing a gradual decline after reaching a January peak of 236.3, except for an increase in May.