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The hyperconnection between people, machines and organizations is a pervasive megatrend that characterizes our society in any aspects, at any level, in any part of the world. The Internet of Things ...
Traditional insurance products focus on risk transfer. Insurers compete based on their ability to use historical loss information, data gathered during the submission process and other data from ...
In a report, S&P Global Market Intelligence is projecting that U.S. personal and commercial auto insurers will see a sharp improvement in their full-year combined ratios for 2020, followed by ...
With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has "plenty ...
Buckle, an InsurTech startup focused on rideshare insurance, has acquired a subsidiary of Atlas Financial Holdings for an undisclosed price. The move allows Buckle to expand its commercial auto ...
Progressive has a competitive edge over long-term players in the commercial auto insurance market and national carriers outpace regionals on workers compensation profit measures, according to a new ...
It's an unfortunate truth that commercial automobile insurance hasn't been a profitable line of business for years. According to industry reports, even though commercial auto rates increased for 31 ...
The commercial automobile insurance segment is headed for its ninth straight year of underwriting losses when the books close at year-end 2019, analysts at Fitch Ratings predict in a new report. In ...
For several years now, the commercial auto segment has been among the property/casualty insurance industry's worst performing lines. Wounded by a sharp uptick in claims frequency and severity and ...
Despite better pricing, commercial auto still has a way to go before it rebounds from its long-term problems, according to W.R. Berkley Corp.'s president and CEO. "It is very clear that the market is ...
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