In addition to inflation, which hit a 40-year high in the U.S. in 2022, auto insurers are also struggling to handle the rising frequency and severity of claims. (NATHAPHAT NAMPIX/Adobe Stock) In addition to inflation, which hit a 40-year high in the U.S. in 2022, auto insurers are also struggling to handle the rising frequency and severity of claims. (NATHAPHAT NAMPIX/Adobe Stock)

Based on industry and driving behavior trends, it's clear that auto insurance leaders — along with many other industry "captains" — are faced with rough waters as we kick off 2023.

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