Commercial Auto Coverage News | Insurance Insider US

The storm is expected to bring freezing rain and heavy snow across a wide swath of the US.

Casualty and auto loss costs continue to rise due to inflation as we head into 2026.

Modernized tactics springing from stolen online identities have surged post pandemic and are ramping up losses.

eMaxx Reciprocal Insurance Exchange will write commercial P&C as an insurer and reinsurer.

Valor Equity led the raise, which included Lightspeed and General Catalyst.

Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.

Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.

He served as SVP of transportation at ISC since mid-2024.

Several lines had price decreases, while growth in most sectors slowed from previous quarters.

The trucking carrier has been building out its executive team this year.

The change was made on December 2 and was effective immediately.

Highly concentrated, overly leveraged fronts could repeat the Unicover-Reliance story.

Only GL and workers’ comp had renewal rate increases compared to Q2.

The subsegment is the latest commercial auto sector to feel the heat of litigation losses.

Loss ratios in troubled casualty lines ticked down year-over-year despite worsening loss costs.

Kemper and Selective’s woes stem partly from own issues, but industry-level issues persist.

Workers’ compensation was the only line that saw a YoY decrease.

The reserve strengthening stemmed from bodily injury and defense costs for accident years 2023 and prior.

Success in the soft market will be had when careful preparation meets opportunity.

Normalized growth and peak multiples confirm we are headed towards a Darwinian race.

Workers’ comp rates dropped again, but the decline slowed from last quarter.

Selective’s CEO earlier attributed Q3 adverse development to the NJ market.

By line of business, $35mn of the charge relates to commercial auto and $5mn to personal auto.

The decision impacts 5% of the reinsurer’s North America P&C facultative premiums.

Joseph Lacher will step down as president and CEO and resign from the board.

Fronting doesn’t look any better when it’s broken down by segment.

The jump in the latest estimate could be due to damage to seasonal properties only being recently discovered.

While the Fed is more concerned with jobs, other macroeconomic concerns trouble the industry.

Reinsurers will not back business indefinitely where loss ratios continue to exceed the industry by a wide margin.

Persistent social inflation challenges evident across key long-tail lines at half-year mark.

High H1 reserve releases of $7.4bn were driven by the largest of carriers.

The other liability loss ratio continued to rise as workers’ comp and commercial auto reversed course.

Despite mild headline CPI, some insurance-related items are heading in a worrying direction.

Commercial auto saw the largest rate change, which was down about a half point by the end of July to 7.96%.

Appointments include leadership in transportation, energy, marine and others.

Auto, umbrella and excess lines recorded mid-double-digit rate increases in Q2.