Rising auto costs

This presentation, delivered by Insurance Information Institute Chief Actuary James Lynch at the CAS Ratemaking, Product and Modeling Seminar in Boston, Massachusetts on March 27, 2019, explores the factors behind rising auto rates. Some issues addressed include rising accident costs, collision claims frequency, distracted driving, the rising cost of auto repair and more miles driven. A brief discussion of the impact of marijuana legalization on insurance is also presented.

 

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