Editor's Note: This article originally appeared inNationalUnderwriter, P&C.
Auto insurance claim frequency is rising, in some casesprecipitously, as gasoline prices have declined from the highlevels seen in 2008, meaning more people are spending time on theroad, according to regulators and two large insurers.
"We have seen some disturbing increases," said Anne Kelly,casualty actuary for the New York State Department ofInsurance.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
