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Smoother Ride Ahead for Primary Auto
Manage episode 295197209 series 2822097
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The road ahead may be opening up in the primary auto market after last year’s nationwide economic dislocation brought on by the pandemic. The trucking industry, in particular, endured months of turmoil amid massive shifts in demand as people nationwide began not only working from home—but also staying at home after work. In commercial auto, the shutdown-induced reduction in traffic congestion may have brought a decline in accident frequency. That would be welcome news for insurers in a market where the combined ratio overall has remained above 100 for a decade.
Featuring
- Stewart Brown, TRIP is Senior Vice President & Senior Broker and CRC Transportation’s Southwest Regional Manager. He is also a member of the Casualty Practice Advisory Committee.
- Pete Feeney leads CRC Transportation as Regional Director and is located in Scarborough, Maine.
Visit REDYIndex.com for critical pricing analysis and a snapshot of the marketplace.
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