The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently ...
Jersey City, N.J., June 15, 2023 (GLOBE NEWSWIRE) -- First Chicago Insurance Company (FCIC), a proud member of the Warrior Insurance Network (WIN), is refining its commercial auto underwriting with ...
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What Insurance Underwriters Look for in a Thriving Trucking Business
When underwriting for commercial trucking insurance policies, insurance companies will pay attention to factors that indicate ...
NEW YORK--(BUSINESS WIRE)--Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the ...
INDIANAPOLIS, Indiana, March 15-- The National Association of Mutual Insurance Companies issued the following news release: Legislation to ban the use of credit information in underwriting auto ...
The age-old insurance underwriting model worked well for a traditional environment of slower and more predictable change, with similar processes and risk evaluation methods across insurers. Today, the ...
These results were particularly evident in the segment's underwriting expense ratio, which improved noticeably during the 2014-2024 timeframe. In 2024, the U.S. P/C segment's combined ratio dropped ...
CheapInsurance.com reports that many states allow non-business owners to obtain commercial auto insurance based on vehicle use for business activities.
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