Editor's note: This post originally appeared at SNL.com
A changing of the guard could be near in the commercial auto liability space.
Data from SNL show that Progressive Corp. has substantially narrowed the gap with Travelers Cos. Inc. over the last two years for the top spot in the segment, based on direct premiums written. Travelers boasted $803.6 million in direct liability premiums written in the first half of 2012, but recorded just $762.7 million of such premiums through the first six months of 2014. Progressive, meanwhile, has grown its share in commercial auto liability, as it posted $732.4 million in direct written premiums in the first half of 2014, compared to $667.9 million in the same period of 2012.
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