Commercial auto is one of the most stressed lines in the P&C market, and the pressure is not easing.
Vehicle repair costs have risen sharply with the proliferation of sensor-laden, complex-systems vehicles. Medical costs in auto liability claims continue to track above general inflation. And litigation trends -- including attorney advertising targeting commercial auto incidents and third-party litigation funding -- are amplifying severity in ways that loss development triangles from five years ago did not anticipate.
Carriers are responding with tighter underwriting criteria: driver history scoring, fleet safety program requirements, telematics mandates for large fleets, and sub-limit structures for nuclear verdict exposure.
Insureds with demonstrable fleet safety programs, low driver turnover, and telematics data showing responsible driving patterns are seeing meaningfully different renewal outcomes than those who cannot tell that story.
#CommercialAuto #FleetInsurance #SocialInflation #Underwriting #PandCInsurance
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