Pandemic, Supply Chain Challenges Driving Auto Insurers Further Into a Hard Market

Overview

As the auto industry continues to grapple with many challenges such as supply and labor shortages, worsening driver behavior and social inflation, among others, experts say claims will likely continue to be impacted and rates will continue to rise as the market hardens.

Tim Zawacki, Principal Research Analyst, S&P Global Market Intelligence; Adam Pichon, VP and General Manager for Personal Lines, LexisNexis Risk Solutions; and Loretta Worters, VP of Media Relations, Insurance Information Institute, interviewed

Originally published in the Q3 2022 Edition of Carrier Management magazine.

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