Auto loss cost CPI metrics slow, but carriers aren’t out of the woods yet
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Auto loss cost CPI metrics slow, but carriers aren’t out of the woods yet

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Recent CPI data shows inflation continuing to cool, albeit slowly. And though this is potentially a positive for the industry, slowing growth means we are still at all-time highs, and carriers will need to maintain the momentum on rate action if they want to keep ahead of loss cost trends.

The note below looks at recent CPI data that relates to personal auto, how the growth of those indices measures against premium inflation, and what current rate filing activity looks like.

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