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Strong Underwriting Needed To Weather Truck Market Storms

MarketStances Nov. 25, 2002, looked at the stormy weather currently buffeting the market for commercial auto insurance. In particular, we explored the impact of commercial truckings rapid growth and the consequent changes in commercial vehicle utilization on many states underwriting experience in the late 1990s, finding that some states were faring much better than others from a loss ratio standpoint.

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