Higher risk US auto claims rise: AM Best

US auto losses are mounting in the higher premium non-standard
market amid escalating repair and medical costs, AM Best said in a
report today.
The ratings agency said that loss ratios in the class had
deteriorated to the worst levels in a decade, with smaller regional
and single state insurers suffering most.
The loss-adjusted expense ratio for writers of US non-standard
auto insurance was 78.4 percent in 2015 and 81.1 percent in 2016 -
above the five and ten year...