Personal auto

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Claims analysis shows slow reactions to negative trends can affect several quarters, but carriers who emerge strong will be able to pursue growth faster than the competitors who are always playing catchup on loss cost trends.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

August’s overall consumer price index edged up 0.1 points, after no change in the prior month.

The ratings agency said the downward revisions reflect inflation, rising loss cost severity, higher reinsurance costs and other challenges.

Used car prices in August fell further, down 4% from July, according to auction house Manheim’s monthly market report.

This compared with a $11.4bn loss in the first half of 2021, the report said.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Turcotte, CFO since 2008, was part of the leadership that took the company public in December.

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.

The company delayed once again the launch of its partnership with State Farm to the first half of next year from Q4.