Roadzen signs definitive agreement to acquire majority control of a commercial auto insurance broker and MGU operating in California, Texas, Illinois, and New Jersey, expanding its footprint in specialty transportation and commercial vehicle insurance.
The U.S. commercial auto insurance line incurs $10 billion in net underwriting losses over two years due to increased claims costs and adverse loss reserve developments, impacting the P/C insurance market.
Effective January 2026, Louisiana mandates insurers to offer liability insurance discounts to commercial vehicles equipped with dashcams and telematics, aiming to improve safety and lower costs.
Nevada Senate passes bill to double trucking liability insurance from $750K to $1.5M by 2030, sparking debate over impact on small trucking firms and insurance market.
