Following a month when the auto default rate remained steady, credit availability for new paper tightened. Those findings are among the latest observations from Cox Automotive, S&P Dow Jones Indices ...
Following record performance in 2020 from pandemic-induced reductions in driving activity, U.S. personal auto insurance underwriting results deteriorated sharply in 2021, with more pronounced weakness ...
NEW YORK--(BUSINESS WIRE)--The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting ...
Fitch Ratings recently reported that normalizing underwriting terms for U.S. auto loans and leases contributed to a modest deterioration in asset quality metrics during the fourth quarter. Still, firm ...
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Auto-Owners Insurance, one of the leading property and casualty insurers in the U.S., has selected Carpe Data, an award-winning provider of small commercial ...
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Why Car Insurers Are Under Pressure to Cut Rates
What’s worse for car insurers: a trade war or a price war? Consumers might like the answer, but investors probably won’t. Back in February, insurance groups began warning that stiff import levies ...
No-code pioneer Innoveo selected by P&C Insurance writer to transform the underwriting experience for commercial auto lines PRINCETON, N.J., Sept. 19, 2022 /PRNewswire/ -- Innoveo, a global technology ...
PICC P&C 02328 reported 7.2% growth in net earned premium and 19.4% growth in net profit for 2022. As expected, the auto insurance combined ratio improved to 95.6% from 97.3% in 2021. Despite a ...
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