White Paper / Risk Management
Why are commercial auto liability rates rising?
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For the past few years, combined ratios for commercial auto liability have run between 100 and 110 percent. In the current low-interest rate environment, rates this high imply unprofitability and capital destruction for commercial auto liability carriers.  As carriers attempt to get back to a rate level where they can be profitable, insureds should anticipate rate increases and pressure on retentions and limits. Here are three strategies for reducing your auto liability costs.

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