Commercial auto results may get worse before improving: AM Best

Underwriting results on US commercial auto business may get
worse before corrective measures by carriers have any meaningful
impact on performance, AM Best warned today.
In its latest update on the loss-struck segment, the ratings
agency said that despite quarterly rate increases and attempts to
re-underwrite and re-price portfolios, the line has continued to be
a "loss leader" for many insurers.
"Decisions could be forthcoming from some carriers,
including those that have long been committed to