White Paper

Market Segment Outlook: US Commercial Auto

Our outlook for the commercial auto segment remains negative; performance has lagged that of other P/C sectors, a trend that continued through third quarter 2017.

White Paper Summary

A. M. Best is maintaining a negative outlook on the commercial auto segment for 2018. Despite several years of rate increase, adverse development of prior years’ loss reserves continues to result in rising calendar-year underwriting losses. As a result, the performance of the commercial auto segment has lagged that of other P/C sectors for several years, a trend that continued through the third quarter of 2017.

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To learn more about A.M. Best Company, please visit their website.

A.M. Best Company is a global credit rating agency with a unique focus on the insurance industry. Insurance professionals, brokers, regulators and consumers refer to Best's Credit Ratings as an opinion of the financial strength and creditworthiness of risk-bearing entities and investment vehicles.

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The R&I Editorial Team can be reached at [email protected]