29-06-2017 03:36 via insuranceinsider.com

Personal auto to contribute to 2017 US P&C loss

Rising personal auto losses will contribute to a second annual
loss in a row for the US P&C industry this year, according to
S&P Global.
The P&C industry as a whole in the US is projected to fall
to an underwriting loss this year, with a combined ratio of 100.7
percent, the firm's market intelligence division said in a
report.
In personal lines the combined ratio is expected to be higher,
at 103.0 percent, with a private auto combined ratio...
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