Commercial Auto is a highly troubled line of business for property & casualty insurers, suffering from historically poor performance, especially in trucking. This deters many insurers from writing certain business in the line entirely, eliminating a potential revenue stream, and plaguing those who are trying to create a profitable commercial auto portfolio.

Thomas F. Motamed, retiring chairman and CEO of CNA Financial, recently referred to the entire line as a “black eye” for the industry in the company’s third-quarter earnings call, citing an increase in distracted driving that leads to more highway accidents and deaths. Similarly, Fitch reported earlier this year that Commercial Auto is a “chronically underperforming product segment” due to overly aggressive pricing and heightened claim severity.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dax Craig



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.