Commercial auto space in ‘pressure cooker’ conditions as Nationwide exits E&S
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Commercial auto space in ‘pressure cooker’ conditions as Nationwide exits E&S

Farhin Lilywala
July 17, 2023
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Industry sources have likened the commercial auto environment to a “pressure cooker”, with loss severity continuing to build and insurers struggling to find the release valve.

Carriers are having a hard time striking a balance between accurately pricing the market and keeping market share, they said.

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Farhin Lilywala
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