commercial auto market News

Chronic Commercial Auto Insurance Underwriting Losses to Continue in 2019: Fitch

U.S. property/casualty insurers continue to face substantial underwriting losses on commercial automobile insurance and, following a statutory combined ratio of 108% in 2018, the segment is poised for a ninth consecutive year of underwriting losses in 2019, according to Fitch …

Prime Property & Casualty Insurance Now Writing Commercial Auto in North Carolina

Prime Property & Casualty Insurance Inc. has entered the North Carolina commercial auto markets as an admitted carrier specializing in insurance for distressed and substandard risks. PPCI offers the capacity to insure any commercial auto risk class with adverse account …

Prime Property & Casualty Insurance Enters New Mexico Commercial Auto Market

Prime Property & Casualty Insurance Inc. has entered the New Mexico commercial auto market as an admitted carrier specializing in insurance for distressed and substandard risks. PPCI offers the capacity to insure any commercial auto risk class with adverse account …