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From 2011-2019, commercial auto has accounted for $22.4 billion in underwriting losses for the industry, $16.3 billion of which came from 2015-2019. (Credit: Shutterstock) From 2011-2019, commercial auto has accounted for $22.4 billion in underwriting losses for the industry, $16.3 billion of which came from 2015-2019. (Credit: Shutterstock)

Editor’s Note: This article is part of a four-part series from Zurich North America, focusing on the current and historical trends for various commercial insurance products. Other articles will focus on workers’ compensation, general liability and property.

For midsize businesses, maintaining an effective, comprehensive commercial insurance program is among the first lines of defense against risks that can severely threaten an insured’s financial stability. And one of the most important components of many clients’ insurance programs is commercial automobile coverage. This line of insurance protects the company against the financial consequences of accidents, injuries and fatalities involving company-owned or leased vehicles as well as employees’ vehicles when used on business.

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