As claims return to a more normal frequency post-lockdown, carriers are raising prices to offset both the frequency of loss and an increase in loss severity. (Credit: anekoho/Adobe Stock) As claims return to a more normal frequency post-lockdown, carriers are raising prices to offset both the frequency of loss and an increase in loss severity. (Credit: anekoho/Adobe Stock)

While 2020 saw a pandemic-related dip in driving activity, U.S. personal auto insurance underwriting results declined sharply in 2021, especially during the fourth quarter, says a recent report from Fitch Ratings.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • 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
NOT FOR REPRINT

© 2025 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.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].