On underwriting and pricing, the challenge is how quickly models can accommodate the continued increase in distraction and aggression when traditional rating variables cannot fully capture behavioral risk. At product design, carriers are considering where to place incentives for safe driving without adding undue complexity or alienating price-sensitive buyers. On claims and litigation, the growing role of telematics, dashcam footage and incident data is central to reducing disputes, supporting prompt settlements and defending against nuclear verdicts, particularly in commercial autos.
Nationwide study finds ‘less predictable, less reliable’ roads increase pressure on auto insurers & more related News Here
