Publication: IA Magazine
Date: August 6, 2018
Jacquelyn Connelly, IA Magazine Editor, speaks with Michael Grove, Safeco Insurance Senior Vice President of Product, about claim trends in the personal auto market.
“As a result of these economic improvements, people are driving more. Grove cites statistics from the U.S. government that place number of miles driven in the U.S. around 2.9 trillion in 2009, compared to 3.2 trillion in 2017. ‘Obviously, more people on the road leads to more accidents,’ he says. ‘That’s putting pressure on the entire industry.’”
Read the article on IA Magazine, Personal Auto: 3 Factors Driving Frequency and Severity Up