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Recent loss, expense, and premium trends highlight the challenges that our industry faces. Loss and allocated loss adjustment expense (ALAE) ratios for auto liability claims increased from 72.8 percent in 2006 to 78.6 percent in 2008, translating to a jump of more than $4.7 billion, according to A.M. Best. These unfavorable trends impacted insurers of all sizes, as approximately 70 of the 100 largest auto liability insurance companies saw their losses and ALAE increase between 2006 and 2008.

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