Today’s auto insurance landscape is rapidly shifting. After a return to profitability and the arrival of rate adequacy, the industry now faces consumers more ready than ever to shop for deals and switch when they find them. Unfortunately, risky driving persists while attorney involvement continues to attract attention — and concern — in claims.
These are the risks as we understand them now. In a few months, they may well be completely different. One rare point of certainty in this fast-changing industry is that the ability to price risk more accurately and quickly has never been more valuable.