INSURASALES

Tag: Commercial Auto Insurance

Louisiana Appeals Court Revives Major Staged Trucking Accident Insurance Fraud Case

Louisiana appeals court overturns dismissal in a major staged trucking accident insurance fraud case, emphasizing investigation timing and legal procedure in commercial auto claims.

U.S. Commercial Auto Insurance Sector Posts $10B Underwriting Losses in Two Years

AM Best report reveals $10 billion underwriting losses in U.S. commercial auto insurance over two years, driven by loss severity, social inflation, and reserve issues.

INSHUR Welcomes Guy Farley to Guide AI and Autonomous Vehicle Insurance Strategy

INSHUR appoints Guy Farley to UK Board of Advisors to drive AI and autonomous vehicle insurance development, signaling a strategic shift in mobility insurance innovation.

U.S. Commercial Auto Insurance Endures Continuous Underwriting Losses in 2024

AM Best reports ongoing underwriting losses in U.S. commercial auto insurance for 14 years, driven by rising loss severity and claims costs despite operational efficiencies and rate increases.

Rising Legal Risks Drive Commercial Auto Insurance Premiums Higher in 2024

Commercial auto insurance premiums increased up to 29% in Q2 2024, driven by legal challenges and high-value verdicts. Industry reports predict continued cost rise in 2025, impacting trucking carriers' margins.

Reliable Transportation Association Launches Digital Physical Damage Insurance for U.S. Commercial Autos

Reliable Transportation Association introduces a Lloyd's-backed physical damage insurance program for commercial auto operators in six U.S. states, featuring digital quoting and risk-based pricing.

RTA Launches Lloyd's-Backed Physical Damage Program for Commercial Auto Insurance

Reliable Transportation Association expands U.S. commercial auto insurance with Lloyd's-backed Physical Damage program. Digital platform enables instant quotes, rewarding safety with competitive pricing.

Cover Whale Secures $40M from Morgan Stanley to Expand Commercial Auto Insurtech

Cover Whale raises $40M from Morgan Stanley Expansion Capital to enhance its connected commercial auto insurance platform, driving growth and advanced underwriting technology.

Canal Insurance Appoints Paul Stachura as VP and Chief Claims Officer

Canal Insurance Company names Paul Stachura as VP and Chief Claims Officer, enhancing its claims leadership with expertise in commercial auto and litigation management.

Digital Transformation in Commercial Auto Underwriting Accelerates Efficiency and Compliance

Explore how digital underwriting platforms are transforming commercial auto insurance with faster quotes, improved accuracy, and compliance. STAR Mutual RRG leads with proprietary technology empowering agents nationwide.