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US commercial auto writers : profitability remains elusive

Recurso electrónico / Electronic resource
Section: Electronic documents
Title: US commercial auto writers : profitability remains elusive / A.M. Best Company
Publication: New Jersey : A.M. Best Company, 2020Physical description: 12 p.Series: (Best's Market Segment Report ; June 30, 2020)Notes: Sumario: AM Best´s outlook for the US commercial auto line remains negative. In 2019, the line generated a combined ratio above 100 for a ninth straight year, and it continues to face challenges on numerous fronts: nuclear verdicts, distracted driving, inadequate safety precautions by drivers, other frequency and severity challenges, or just being slow to adapt to current technology and modeling innovations already widespread in the personal auto line. These challenges have helped prevent a notable improvement in profitability, even before COVID-19 upended every segment of the insurance industry.Materia / lugar / evento: Mercado de seguros Seguro de automóviles Coberturas Sector automoción Productos de seguros Perspectivas del seguro Rentabilidad COVID-19 Pandemias Estados Unidos América del Norte Otros autores: A.M. Best Company
Secondary series: Best's Market Segment Report ; June 30, 2020 Other categories: 322