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AM Best: Commercial Auto Liability Drags Down Segment, and It Could Get Worse
Oct 6 2025 // Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years–and things are getting worse. Commercial auto has posted an underwriting loss for the 14th...
AM Best: Commercial Auto Liability Drags Down Segment and it Could Get Worse
Sep 22 2025 // Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has posted an underwriting...
[Video] Commercial Auto Insurers Wait on Impact of Litigation Reforms
Sep 19 2025 // Many commercial auto insurers are in a holding pattern, waiting to see how some states’ litigation reforms are enacted and enforced. However, there seems to be some positive signs for buyers. Insurance...
Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial Auto
Aug 6 2025 // New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA., August 5, 2025 — Reliable...
Commercial Auto MGA Cover Whale Obtains $40M Equity Financing
Jul 30 2025 // Cover Whale Insurance Solutions, Inc., a managing general agency (MGA) focused on commercial auto isurance, announced $40 million in new equity financing from Morgan Stanley Expansion Capital. Founded in 2020, Cover...
NYC Mayor Adams Signs Bill Lowering For-Hire Vehicles’ Insurance Mandate
Jul 2 2025 // New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry. The new law reduces the amount of personal injury protection (PIP), or...
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