31-01-2017 15:41 via insuranceinsider.com

Auto liability remains the most challenging casualty line: Marsh

Speaking to clients on a webinar last week, the firm's US
casualty practice leader Steve Kempsey said auto is the most
difficult casualty line because of adverse loss experience for
insurers.
"Many have experienced a frequency and severity of auto
losses and investors have seen deteriorating results. As a result
several insurers have stopped writing more challenging
transportation risks, mainly long-haul trucking," he
commented.
The situation was having a knock-on effect for other lines of
prima
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