Rates, Lower Loss Frequency, Innovation Drove Personal Auto Market Turnaround

After a weakened performance in 2015-2016, the U.S. private passenger auto segment has turned around as rate actions and underwriting initiatives have driven a 3.8-point year-over-year improvement in the sector’s combined ratio in 2017. A 4.7-point loss ratio reduction through …

from News – Insurance Journal https://ift.tt/2CH2FJa