Personal auto
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For the same period in 2021, the company reported a combined ratio of 98.9%.
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Poor macroeconomic conditions loom, but reinsurers, brokers and personal lines carriers are expected to share positive results.
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The uptick compared with decreases of 0.3% in November, 2.2% in October and 3% in September.
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InsurTechs use of “me-too” filings and competitor rates have us wondering, where is the innovation?
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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 walks you through the highlights of 2022.
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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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The annual increase represents the smallest 12-month increase since the period ending December 2021.
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Though Carvana’s financial situation might cause InsurTechs to think twice about an embedded partnership, the auto dealer’s woes could lead to an easing of loss cost pressures for personal auto insurers.
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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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The Manheim Vehicle Value Index declined 14.2% year-over-year to 199.4, dropping below 200 for the first time since August 2021.
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